I farmed 40 acres of hay on the side for several years while working as an engineer. I loved making hay because that was my favorite time back on the farm. At a certain point it turned into a ton of work for little or no profit and no fun anymore. I only owned 5 acres and the people I rented from were the only ones who made any money. I didn't have much equipment so I just sold it myself. I didn't feel bad about it at all. I now buy and sell and collect so I still get to play with equipment.
I work for an auctioneer part time in retirement. If I were you I would talk to several auctioneers, get references and look at their sale results. I would go with a company that does both online and live. If you have a lot of small items, you will get a much bigger crowd on a Saturday. Some auctioneers and their staff don't like working on Saturdays so they book weekdays. I personally don't see any advantage for a weekday auction vs. possible advantages for a Saturday. In central Minnesota you can send your kids to any school district you want to. You don't have to move. I wouldn't sell the equipment, sell the farm site, and move all at once. I would do it in steps. Keep some favorite items as others have said. As far as price you get on an auction, it is somewhat of a crap shoot but you can protect a few of the bigger items if the sale is a bust. A good auctioneer can give you a pretty accurate appraisal so you know what to expect. I have talked to a lot of people after auctions and they always say that they thought some things sold too cheep but the check was right on what the auctioneer said it would be or even slightly more.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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