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Contact CLHbidHow does CLHbid.com Price Discovery Work?
Last updated on April 11, 2025
At CLHbid.com, our unique price discovery system is built upon our proven results over years of specializing in farmland sales across Western Canada.
Our core is an online escalating legal tender platform, which fosters fair competition and transparency among buyers. Complementing this, our world-class marketing system ensures your property reaches a vast network of potential purchasers through targeted strategies including professional videography and extensive digital outreach.
We strategically approach sale packaging, understanding how breaking down larger parcels can attract a wider range of bidders while our unique 'en bloc' system captures premium value for the entire property.
Furthermore, as a law firm with in-house tax expertise, we provide invaluable guidance on tax implications, working with your advisors to maximize your net return.
This comprehensive approach, centered on transparent online tendering, ensures the market itself discovers the maximum value for your farmland.
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Contact CLHbidQuestions Similar To "How does CLHbid.com Price Discovery Work?"
Why shouldn't I just rely on a traditional appraisal to set the selling price for my farm or ranch land?
Appraising farmland is challenging due to its immovability and the influence of extrinsic factors like neighbour demographics and access, which are difficult to quantify. Unlike chattels, farmland value is not solely based on intrinsic factors like soil class, making appraisals less reliable. CLHbid.com's experience with open market sales, with true price discovery, are necessary to accurately determine farmland value.
Should I choose the lowest fee, or the highest net return?
Choosing the cheapest service over the most comprehensive platform often results in a lower net sale price, costing sellers hundreds of thousands of dollars. CLHbid.com's platform, enhanced marketing, and professional team are focused on maximizing the final, after-tax net return—proving that higher value service results in higher seller profit.
Does a Right of First Refusal (ROFR) cost me money?
A Right of First Refusal (ROFR), while historically useful, now destroys competitive bidding and is often used by tenants to buy land for significantly below market value. CLHbid.com’s open process eliminates the need for a ROFR and ensures the seller achieves true, maximized value.
Why does a low starting bid maximize my final sale price?
CLHbid.com's Starting Bid is strategically set low to engage more buyers, build confidence, and encourage fierce, transparent competition. This "soft start" strategy consistently drives final sale prices up, often exceeding expectations and resulting in maximum value for the seller.