Lancaster farming. (Lancaster, Pa., etc.) 1955-current, June 21, 2003, Image 196

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    Buying, Selling
(Continued from Page 10)
tion, however, a buyer may schedule an appoint
ment to see the property with the homeowner.
Other advertising includes digitally photograph
ing the house to post on the website, www.remar
tinauctions.com. The site has been helpful to
advertise the properties to not only local but also
out-of-state buyers.
Michael and his wife, Marilyn, Strasburg, take
care of photographing and posting the pictures and
maintaining the website.
“The website is a way of communicating with our
public making it easy for them,” he said. Eventu
ally, he would like to have the entire sale bill avail
able online and offer web users the ability to click
and see pictures of items of special interest.
Judging by the e-mails and calls from out-of
state, the web has had far-reaching success, said Mi
chael.
A website archive started this year is useful for
people wanting to see sale price of a property simi
lar to their own, to see what their house might be
worth, or seeing what a property went for that they
may have been interested in, said Michael. “People
just want to be in the know.”
Rick
Auctioneering Since 1977!
A Firm Believer in the Auction Method of Selling
Selling Produce Weekly at Shippensburg Produce Auction
Real Estate
Estate Auctions
Foreman Auctioneer
386 Springfield Rd.
Shippensburg, PA 17257
AUII63L-717-776-4602
• Personal Property
In Other Words Any Type of Sale
Apprentices Working with Rick
Darryl Jones AAU2759
Ralph Brenneman AAU7OB
Public auctions offer several benefits to both the
buyer and the seller, according to the auctioneers.
Since the sale is open and public, it eliminates any
closed door transactions.
According to Ranck, “an auction makes it all
happen in a short amount of time it’s do or die.
The buyer knows at the end whether they’re going
to get it or not, so it shortens the negotiation time.
“That’s why estates are sold through public auc
tions. It is cut and dry because people don’t have
time to dicker back and forth. It turns real estate
into cash so the seller can move on.”
Additionally, since the seller is almost assured of
a sale date, they can count on gaining interest on the
cash from the sale, added Ranck.
Also the seller does not have to worry about
maintaining the property, keeping the heat on, etc.,
for several months while they wait for the estate to
sell, according to Ranck.
Because an auction is over by the end of the day,
it brings interested buyers to a point of decision,
which eliminates drawn-out negotiations.
Buyers are usually required to have a 10 percent
deposit on the day of the sale, which commits them
to the property purchase.
Advantages for the seller, according to Ranck,
(Turn to Page 13)
• Farm Machinery
• Household
Advantages