CLHbid.com Online Timed Auction
Each current form of selling has its own challenges. That’s why the people who created CLHbid.com firmly believe they have developed a way to buy and sell land that makes sense for the agriculture industry. Several innovations have been made that address the shortcomings of the current systems.
First and foremost, the stress of selling is removed.
With CLHbid.com, there are no long negotiation processes involving variable terms and multiple parties. Even better, there is no “neighbour against neighbour” situations that can arise because of past history, special favours, or any other reasons that potential buyers can have to influence the bidding. Due to the huge marketing exposure provided by CLHbid.com, the number of potential bidders is much larger. The format caters to all buyers, whether single parcels or the entire farm or ranch.
We don’t cap your sale price in advance.
Unlike a public auction, we don’t sell your land ‘regardless of price’. Rather than capping the sale price with a ‘listing price’, we set a starting bid. Most buyers don’t like paying list price, yet don’t mind being high bidder at an auction. At CLHbid.com we have sold land well in excess of what a seller was told to ‘list’ it for.
At an unreserved public auction, having only one motivated buyer on the day of the sale could mean that land sells for well below what one bidder is actually willing to pay. Our online platform maximizes on the number of potential bidders, which in turn ensures maximum value to the seller. The CLHbid.com format also caters to all buyers, whether they are seeking single parcels or the entire farm or ranch.
Sellers can make plans for their future.
Certainty in business is everything. Whether you wish to take advantage of high land prices, recent bumper crops in an area, or have concerns over changes to current tax laws, CLHbid.com gives you a set exit date that provides certainty for your planning.
Sell or buy an entire farm at once with our unique ‘En Bloc’.
On certain multi-parcel sales on CLHbid.com, once all bids are in our ‘en bloc’ process offers only those bidders who have bid the highest on a set number of parcels to then bid against other multiple high bidders for the entire ‘en bloc’ land up for sale. To be fair to prior individual bidders, the ‘en bloc’ bidding starts at a premium amount which is in excess of the aggregate of all prior individual bids. Only those multiple parcel high bidders who are willing to pay a significant premium to acquire all land are allowed to bid for the ‘en bloc’ parcel.
Buyers like the CLHbid.com process.
Giving the buyer complete anonymity allows all buyers to be on a level playing field. If a buyer doesn’t know or have a relationship with the seller it doesn’t matter. There are no advantages between buyers, creating an equal bidding process. With the CLHbid.com process, buyers know that sellers are serious and ready to move forward with a fair price. The absolute transparency of this innovative format is a huge benefit to all parties involved.
The advanced technology of the online timed auction offers a reset function that allows the buyer significant time to discuss, analyze with family in the convenience of their own home or office and continue to bid until satisfied.