Why are auctions so popular for selling land?
Auctions are often the best way to sell land, because of the law of supply and demand. Auctions make it very easy to sell multiple parcels to multiple buyers, and more buyers can afford those smaller tracts than the entire tract. The demand for your property goes up, along with the price. The marketing done for an auction is also more robust and more intense. Since you get to focus all of your marketing resources in a short amount of time, there is a multiplying effect that brings out more potential buyers. * Answers to all questions above are typical, but be sure to read terms and conditions of each auction.
