American Land Magazine

4 Backed by its local market knowledge, national reach and sophisticated marketing, Whitetail Properties Real Estate's auction division — Ranch & Farm Auctions — has experienced rapid growth and strong momentum during 2023. The auction service leverages Whitetail Properties' strengths as the nation's leading real estate company, which specializes in rural properties and focuses on serving clients better than anyone. The division offers expertise in various land types, including income- producing, farm and timber, and has continued to grow and even expand beyond its foundational customer base. "By offering a world-class auction service, Ranch & Farm Auctions has maintained a successful track record of achieving top-end prices for sellers, often exceeding perceived market value," says Joe Gizdic, Whitetail Properties director of auction services. Through October, Ranch & Farm Auctions had successfully completed 81 land auctions this year, totaling 20,350 acres and more than $96 million in sales. It is expected that total auctions for 2023 will reach 125 by the end of the year, despite economic uncertainty fueled by inflation and recent interest rate hikes. Gizdic says those results reflect the fact that Ranch & Farm Auctions provides clients with key advantages not offered by many traditional auction companies. Among the most important benefits is the local market knowledge of Whitetail Properties' more than 350 Land Specialists across 39 states, combined with the company's national buyer database. Land Specialist Jason Ziegler, who serves west central Minnesota and North Dakota, says compared to many traditional auction companies, Ranch & Farm Auctions can market a property far beyond the local area to reach potential buyers nationwide. "Local auction companies don't have agents in almost 40 states like C=19 M=39 Y=100 K=0 C=53 M=70 Y=79 K=65 SURGES IN UNCERTAIN ECONOMIC TIMES W H I T E TA I L P R O P E R T I E S ' A U C T I O N D I V I S I O N , R A N C H & FA R M A U C T I O N S

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