What is a Multi-Tract Land Auction?
For large tracts of land (typically farms and ranches) the property will be divided into several tracts of varying sizes and types. A Multi-Tract Land Auction allows bidders to bid on individual tracts, combinations of two or more tracts or the entire property, and to design the purchase that best suits their unique needs and desires. This win-win system affords potential buyers many more options over traditional land auction methods. It also increases the buyer base for the seller because it gives all bidders an equal change to buy whether they want the entire farm, just one tract, or anything in between. Sounds Confusing?
