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Auction Services
At C. C. Crump Auction Company, we strive to serve the diverse needs of our clients with careful planning, attention to detail, and a commitment to excellence. Our firm provides expertise and guidance in the changing world of real estate auctions. We meet your individual needs and provide you with a comprehensive and accelerated marketing campaign that helps to achieve fair market value for your property in the quickest time possible.
Specialty Services… how we serve, what we do best for you
Real Estate Auctions
Multi-Parcel
One reason why auctions are an effective way to sell real estate is the competition they generate between buyers. To generate even more competition among buyers in real estate auctions, C. C. Crump Auction Company uses only multi-parcel auctions. In this type of auction, a single large property, such as a farm or recreational property is divided into a variety of parcels. The very act of dividing a property can transform it from one with limited sales potential to a highly competitive auction property that will bring a higher sale price. The market place will determine whether your property is most valuable in parcels, combination of parcels or as a whole parcel. Multi-parcel auctions have a strong record of selling properties at a greater price than appraisals or other estimates predicted.
If you would like more information about multi-parcel auctions, or have property you think is suitable for this technique, please give us a call.
Sealed Bid Auction
A sealed bid auction generally involves accepting bids on a property in a sealed envelope, with each bidder not being aware of the other bidders’ amounts. When envelopes are opened and the high bid discovered, the seller can accept the high bid or choose from at least two ways to proceed: one avenue is to have an open outcry auction starting at the highest sealed bid amount, or to solicit another round of sealed bids from bidders. Sealed bid is especially useful in select cases, including when there are only a few interested bidders or property with limited road frontage. The strongest advantage of the sealed bid method is that a highly motivated bidder sometimes submits a very high bid in an effort to be sure to win the property.
Estate Settlement
Many times, the process of marketing estate property can be overwhelming for an executor and family members, especially those living out of the area. As an executor you took the proper step when you contacted your attorney who will lead you along the path to closing. Our firm can, likewise, make your job a much easier one. Our experience in handling estates can give the executor and family members the assurance that the estate will be represented in the most professional manner possible. We can make the executor’s job much easier and take the major burdens off his shoulders and place them squarely upon our own.
Selling real estate and personal property at public auction is the fairest way to sell, by allowing everyone to bid. Therefore any family members wishing to purchase a portion of the property can buy just like anyone else. By selling at public auction, C. C. Crump Auction Company can help maximize fair market value in the shortest period of time. Our commitment to you is simple: Through our accelerated marketing, we assemble all potential buyers for a property at the same time and place, and use competitive bidding to force prices to their maximum level.
Services we offer to settle your estate:
- Accelerated marketing of your property to close in 90 days
- Survey and multi-parcel your land
- On-site auction to sell real estate antiques, livestock, machinery, and other personal property
- Timber cruise and sale of timber
- Collection and accountability of sale proceeds for sellers
- Coordinate with estate attorney to update abstracts, title opinions, preparation of deeds, meet subdivision regulations when land is subdivided, and see that all properties are closed
Commercial / Business Liquidation Auctions
Auctions are often the fastest and most profitable way to liquidate part or all of your commercial holdings. For small business owners who wish to retire or move to another line of business, an auction is the best way to “go out of business”. No matter what type of business you own, we’ll help you to get the best return out of your life’s investment.