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Auction FAQ

 Why you Should choose Results to conduct your auction:

Avertising: Results advertises all across South Central Kansas, 24-7-365 days a year.  This sets us apart from our competitors, most auction companies only advertise when they get a listing, and, the client pays for that advertising.  We believe our clients property needs a comprehensive media strategy to market directly to the market we are in, the land market in South Central Kansas.  Web sites utilized are specific to agriculture and recreational land interests, as are the print media.  Results has this advertising in effect year round keeping buyers in contact with us as to what's for sale and what is coming up for sale.  Our strategy works, our sales numbers prove it over and over again, you simply cannot achieve the best possible price if you do not reach the right buyer, we have bridged those gaps. 

Market Knowledge: Results will provide comps specific to what you are wanting to market to make a educated analysis of your property, not hot air of how high it can go!!!  We want to acheive the best possible price for our clients, that is what you hire us to do, and that is what we provide, top shelf service. 

Compare before you sign: Please feel free to call or email us with your questions, I know once you look at our system, compare it to our competitors,  you will chose Results Realty, LLC

 About Auctions:

What Will you need to bring to the Auction? Your Check Book, Results  does not require a cashiers check, we have yet to recieve a bad check. If you are the successful bider, you will write a check payable to the title company designated in the contract for 10% of the purchase price. This 10% is Non-Refundable, when you bid at the auction, all details have been announced, Results furnishes complete information packs prior to the sale. Auction sales are not contingent on financing, the buyer shall come to the auction ready and able to close in 30 days or less.

Will I be able to understand what is going on at the auction? Will the bidding be clear? YES, land auctions are different than livestock or personal property auctions. We announce all terms and conditions of the contract prior to starting with bidding, there will be no unanswered questions, we have complete date appropriate to that property, taxes, aerials, soil types, title binder, water data if applicable etc. We will take a recess if a buyer needs one to contract lender partner to make a decision, at which time, we will reiterate what the bid is at that time, you will know where we are with the bidding.

Buyer Broker Representation- Results does not pay a buyer broker compensation, however, we certainly have no problem with a buyer being represented, you will need to compensate your agent.

Results Realty, LLC will make the sale very clear, no dog and pony shows of combining, mixing and matching pf parcels unless previously advertised. We have conducted many multi parcel sales, we sold them on a per tract basis giving everyone an equal chance on each parcel, rather than combining and leaving only 1 person at the top to take out all of the other bidders.  We firmly believe this gives a much more level playing field for all buyers, and results in higher per tract values.

What are the Advantages of a Auction?  
Buyers 

- All Buyers have equal opportunity to bid and buy

- All pertinent information about property has been researched for your review

- Speed and efficency of purchase

- You Determine the price that you are willing to pay

Sellers

-Auctions give you a timeline to work with-perhaps you have another property you want to exchange into and need a definite timeline to excersise a 1031 Exchange

-Reduces Holding costs                                                                               

-Creates a sense of urgency to buyers

-No Contingencies- No inspections cost to the seller

-No Ceiling price - your property may very well sell for more than you expected

-No Financing contingencies - buyers have come prepared to buy that day

-Closing in 30 days or less after the auction

 

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