97± Acres in Colquitt County, GA Beats Best Private Offer by 58% at Auction

Two siblings sold 97± acres of cropland, timber and ponds in Colquitt County, GA at online auction for 58% more than their best private offer.

97± Acres in Colquitt County, GA Beats Best Private Offer by 58% at Auction photo

Rowell Auctions sold 97± acres of cropland, timber and ponds in Colquitt County, Georgia, for two siblings who owned it together. They had already received private offers, but the online auction brought 58% more than the best one.

At a Glance

  • Property: 97± acres of cropland, timberland and ponds
  • Location: Colquitt County, Georgia
  • Seller: Two siblings who co-owned the land
  • Offered: Two tracts, or the whole property
  • Bidding: 30 registered bidding groups from three states
  • Result: 58% above the highest previous private offer; under contract and funded right after the auction, closed within 30 days

The seller's goal

Before they called us, the owners had been approached by several people about buying the land privately. Because so many people were interested, they wanted to see how high the price could go, and an auction let buyers compete openly.

The property

The land is in a highly desirable part of Colquitt County. With a mix of cropland, timber and ponds, it appealed to a wide range of buyers.

One of the ponds on the property

Open fields on the tract

Pond and hardwoods

How we sold it

We used direct mail, online listings, email invitations, a strong social media campaign, newspaper ads, signs, and outreach to local real estate brokers to put the property in front of buyers with real buying power.

We offered the land through our Ultimate Choice online bidding platform in two tracts and as a whole, so a buyer for one tract could compete with a buyer for the entire property.

Auction day

The auction drew 30 registered bidding groups from three states. The property went under contract and was funded right after the auction to an out-of-state buyer, and it closed without delay within 30 days. The final price was 58% higher than the best private offer the sellers had received before the auction.

Thinking about selling land?

Rowell Auctions has sold farmland, timberland and recreational land for over 90 years, and we're licensed in Alabama, Florida, Georgia, North Carolina, South Carolina and Tennessee. Call us at (229) 985-8388 or request a free consultation. Learn more about our land and farm auctions.