Auction surpasses seller expectations, generating $14.5 million through competitive bidding for 1,183 acres of prime land.
HARRISONVILLE, MO / ACCESSWIRE / October 2, 2024 / West Central Auction Company, a trusted leader in land auctions, is helping landowners achieve incredible results through their proven auction process. Recently, the company successfully auctioned off 1,183 acres of prime agricultural land, securing a total of $14.5 million for the sellers - far exceeding their initial goal of $11.1 million.
Property Aerial View
The auction attracted a large pool of interested bidders, both onsite and online, representing a mix of local, in-state, and out-of-state participants. This widespread interest led to highly competitive bidding that drove up the sale price. Certain portions of the property sold for an astounding $17,500 per acre, showcasing the power of West Central Auction Company's marketing strategies and broad bidder reach.
This particular property had been in the family for an incredible 175 years, making the sale not only a financial success but also a historic event for the family. West Central Auction Company ensured a smooth and efficient process, guiding the sellers through the auction steps while keeping the integrity and legacy of the land in focus.
As a member of MarkNet Alliance, West Central Auction Company connects with both local and national buyers, delivering outstanding results. By combining digital and in-person auction expertise, they consistently achieve premium outcomes for landowners across the Midwest.
Why Sell Land Through Auction?
Auctioning land has become a preferred method for sellers looking for fast, transparent, and profitable sales. West Central Auction Co. provides the following benefits to landowners who choose to sell through their platform:
Competitive Pricing: Auctions generate immediate interest and competitive bidding, often resulting in higher sale prices than traditional sales methods.
Broad Market Reach: West Central Auction Co. combines targeted marketing with online bidding platforms to attract interested buyers from across the country.
Quick Sale: Auctions provide a streamlined process with set timelines, ensuring that land sells quickly without the long waiting periods often associated with traditional real estate sales.
Transparency: Sellers and buyers alike benefit from the transparent nature of auctions, where all bidding is open and prices are dictated by market demand.
"We are dedicated to helping landowners maximize the value of their properties," said Jason Winter, President at West Central Auction Company. "The success of this recent auction is a testament to our proven process, which consistently delivers exceptional financial outcomes for our clients. It was a privilege to assist this family in surpassing their expectations, and we take pride in being part of their success story."
West Central Auction Company continues to build on its strong track record of success, offering comprehensive auction services that attract qualified bidders, maximize land values, and provide a straightforward, hassle-free experience for sellers.
For more information on how to sell your land through auction or to inquire about upcoming auctions, visit https://www.westcentralauctionco.com/ or call 816-884-1987.
Contact Information
Jason Winter
President
jason.winter@westcentralauctionco.com
1-800-823-4094
SOURCE: West Central Auction Company
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