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| Herb Burns has had over 25 years experience conducting sales of all types. He has been licensed Real Estate Agent for more than 20 years, has a lifetime involvement in the auction service and is a Past President of Illinois State Auctioneer Association. |  |
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Dale L. Jones has over 17 years of active experience in the auction house business, conducting sales of all types in Illinois, Iowa and Missouri. He has been an Illinois licensed Real Estate salesman for approximately 10 years, and has lifetime involvement in farming/agriculture. |
Introducing
the New
Mel
Foster Co. Real Estate
Agricultural
Group
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| Objective
The objective of the Mel Foster Co.
Agricultural Group is to work with financial institutions, attorneys, sellers
and buyers to get the best possible price out of a farm sale, whether it
is one acre or 1,000 acres. In order to meet this objective, the Group
offers a network of Realtor Agents who specialize in farms and acreages
and an effective marketing plan which includes MLS Service (Galesburg,
Quad Cities and nationwide in Iowa), advertising on television, in newspapers,
in real estate guides and on the Internet.
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Farm Auctions Unlike most farm agencies, the Mel
Foster “Ag Group” offers an auction service as an option to the seller.
Professional auctions include broker participation and the seller will
be able to choose from a list of auctioneers.
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| The newly established Mel Foster
AG. Group is offering auction service to benefit it’s clients and all Mel
Foster Associates. In today’s fast paced market and with our client’s busier
lifestyles, the auction method of marketing is drawing more consideration
than ever before. In the past, auctions were the method of a last resort.
With an auction, your clients can choose what day their property will sell as well as the day they want to close. This is especially convenient for an out of town seller, or multi parcel sellers, whose lives are interrupted by scheduling problems or travel. Some sellers prefer to market their property through a realtor for 60-90 days then go to auction. Others like a more aggressive approach by offering their property to the market before anyone has heard a price. It is difficult, however not unheard of, to auction a property for more than it had been originally offered to the public. Given enough lead-time, it is our plan to use as many marketing tools as Mel Foster Co. has available to promote the auctions. The TV show and the MLS combined with Internet, direct mailing, and newspaper ads create a comprehensive promotion unequaled in this area. All Mel Foster associates, as well as outside agents, will have the opportunity to be involved in every auction. There will be a commission share to the listing agent and to the buyer’s designated agent, much like the present MLS agreement, with a 3rd split to the Mel Foster auction team for advertising, promoting and coordinating the actual auction. The listing agent would be responsible for showings or open houses and the selling or buyers agent would be responsible to close the transactions. For additional information on the concept of auction marketing, please feel free to contact the Mel Foster AG Group auction team. |
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Mel Foster Ag Group Auction Service
707 North Main St., Monmouth, IL 61462
Phone: 888-453-Farm (3276)
Fax: 309-734-3686
Email: il@farms-melfoster.com
