Falconten - 12/23/2015 13:01
As an attendee of the auction I would give the auction company an A+. I have never been to a sale they were in charge of but was very impressed in how it was conducted. The price was started low enough to get instant bidding. Very minimal amount of time wasted marketing the property during the actual sale. These guys assumed any potential buyer had done their homework prior to the start of the auction and additional promotion was unnecessary.
Definitely not surprised at all that the sale was over in the 1st round of bidding. Someone came to buy the farm and they got to business. Earlier posts had mentioned Mr. Payne whom owns the remaining 1/4 of the section. I believe he farmed it all at one point in time and without question could have bought the farm if so desired. If anyone knew the quality of the land he would.
Who is the actual buyer of the land? I understand that Jared Schmidt from Farm Financial Strategies represented the buyer-
http://www.farmestate.com/new/farmestate/
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