Local farm was just sold. Local neighbor bought it. Older lady that owned it recently deceased. Her two daughters didn't want it. Opted to sell it. Had it appraised. Offered it to the renter for appraised value, minus what a realtor's commission fees would of been. Renter bought it direct from them. No realtor involved. Perhaps a lawyer was used by both parties. I don't know on that part.
Would it of brought more if sold at public auction? I'm sure it would have. Would it of brought more extra than the commission fees would of been? I'm sure it would of mostly covered the commission fees. How much more over that? That I'm not sure about. Maybe a little. Not sure if it would of been enough to mess around with a realtor at 15 whatever percent.
I'd consider it on real-estate. But probably not on the rest of it. Probably wouldn't get top dollar on the good stuff. Probably get left with the junk.
I don't know why, but some people will drive a few miles to go to an auction. End up not buying the bigger items that they came for. But while there, will buy smaller items, and junk. Most of those same people, are not going to even come look at the other stuff, if it wasn't for the bigger items.
Kind of like the guy that came to buy a tractor. But it brought to much, so he bought a log chain while he was there. Take those people out of the equation, and it really hurts on the smaller items.
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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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