Estate Sells 277± Acres in Colquitt and Worth Counties, GA to Four Buyers

Rowell Auctions sold four farms totaling about 277 acres in Colquitt and Worth Counties, Georgia, for an estate executor. The land sold to four buyers, at prices ranging from $3,300 to $4,850 an acre, and beat the executor's pre-sale estimates.

At a Glance

• Property: Four farms totaling 277± acres
• Location: Colquitt and Worth Counties, Georgia
• Seller: An estate executor
• Offered: Ten tracts, any combination of tracts, or each farm as a whole
• Result: Sold to four buyers at $3,300 to $4,850 per acre, under contract with 15% earnest money right after the auction

The seller's goal

The executor needed to sell the estate's farmland quickly and efficiently while getting the most money possible for the heirs.

The property

Each of the four farms had its own character, which together appealed to a wide range of buyers.

How we sold it

We marketed the farms through online and email advertising, social media, full-color direct mail, newspaper ads, signs and a lot of personal contact in the area.

Using our Ultimate Choice online bidding platform, we divided the four farms into ten tracts. Buyers could bid on a single tract, any combination of tracts, or a whole farm.

The four farms as offered at auction.

Auction day

Bidding was strong, as expected. The property went under contract immediately after the auction with full 15% earnest money deposits. It sold to four separate buyers at prices from $3,300 to $4,850 an acre, and the executor was very pleased that the results beat the pre-sale estimates.

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.