Past Auctions
The Nueces Lake Ranch & Resort
The Nueces Lake Ranch & Resort property was listed for sale for over a year. During that period of time there was one showing with no offers. The owner wanted certainty. He was not interested in spending another year or two attempting to sell this unique property. It was his objective to move forward with his personal and business plans. The maintenance expense and responsibilty of this ranch property was not in his future.
Ranchline provided the vehicle to allow him to meet his goal of moving on with his business and personal life. Through the Accelerated Marketing Division of Ranchline, we were able to draw the line and confidently state that on 24 March 2007, there was going to be a new owner of the Nueces Lake Ranch & Resort.
We are convinced that if marketing efforts are implemented correctly, at sale day you will get market value. The intense marketing period creates a sense of urgency for those buyers that want to do something, but seem to always have a conflict due to their business or personal affairs.
Ranchline conducted their intense 45 day marketing efforts through the Auction Marketing Campaign. Those efforts resulted in over 100 inquiries. The auction was held at the ranch with 100 plus attendees. Fourteen registered bidders paid cash and were prepared to bid, with five bidders paying $100,000 to bid and nine bidders paying from $10,000-50,000 to bid on individual tracts. Auction day was very exciting and resulted in a sale in 37 minutes. As part of the Ranchline Accelerated Marketing Plan, the title company was on site and we closed that day for almost $ 4,000,000.
The client was a professional individual who simply responded that he was extremely satisfied with the result. Ranchline did their job. We drew the line, created the sense of urgency and received market value. What more could a seller want?
the Rio Rancho Land Auction
Major Development Opportunities in the Center of Progress...
Directly next door to Albuquerque, NM, and minutes from Santa Fe, NM, Rio Rancho is one of the most progressive and visionary communities in the nation. Ranked as the fastest...
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Contact Ranchline
Ranchline Auction 400 West Second Roswell, New Mexico 88201 Toll Free: 1.866.623.3111 E-mail:info@ranchline.com
