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Contact CLHbidHow does CLHbid.com’s unique price discovery work?
Last updated on April 16, 2025
At CLHbid.com, our unique price discovery system is designed to achieve the maximum value for your farmland through our online escalating legal tender process. Our experienced team understands the nuances of agricultural land and strategically parcels land to attract the broadest possible pool of buyers. We then set thoughtfully considered starting bids that encourage initial participation and foster competition among bidders.
Our transparent online platform allows buyers to bid incrementally, clearly showing them their position and empowering them to bid again if they are outbid.
This competitive environment, fueled by the trust and transparency of our legal tender system, allows the market to truly determine the optimal price for your land, ensuring you receive its full value on sale day.
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Contact CLHbidQuestions Similar To "How does CLHbid.com’s unique 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.