Business Details
Thanks for stopping by. We make a lot of friends in this business, coordinating some of the biggest events of our clients' respective lives. We like to get to know each seller as an individual, to understand their goals for their auction and their lives after. It helps us serve them better, by designing custom marketing campaigns to suit the people and the project.
When you conduct over 200 auctions a year, you learn to be flexible - to listen with care. We approach bidders that way, too, educating them on the auction process, our M3 system, and the property of interest. Our reputation after a sale is as important to us as the sale price; and all the awards in the world can't make up for a record of integrity.
Located in Columbia City, IN, in a company-owned office facility, built in 1998 with 10,000 square feet of office space and heated garage/shop for auction equipment. An additinal 8,750 square feet of space is slated for 2022. Salaried staff averages over 15 years experience, and the Schrader marketing team includes (4) graphic designers and a professional photographer.
When you conduct over 200 auctions a year, you learn to be flexible - to listen with care. We approach bidders that way, too, educating them on the auction process, our M3 system, and the property of interest. Our reputation after a sale is as important to us as the sale price; and all the awards in the world can't make up for a record of integrity.
Located in Columbia City, IN, in a company-owned office facility, built in 1998 with 10,000 square feet of office space and heated garage/shop for auction equipment. An additinal 8,750 square feet of space is slated for 2022. Salaried staff averages over 15 years experience, and the Schrader marketing team includes (4) graphic designers and a professional photographer.
Services
History
Schrader Real Estate and Auction Co., Inc. was founded by Denzil Schrader when he began in 1944 as an auctioneer in Columbia City, Indiana.
Denzil was soon joined by his brother.
The recognition of the Schrader name was built as the auction business grew selling farms, farm equipment, and livestock throughout Indiana and Michigan.
Expansion accelerated beginning in 1967 as a strategic plan was implemented to add Schrader representatives throughout the Midwest.
Growth in the 1970's included selling land by arranging tax-deferred exchanges for many Midwestern landowners moving operations to other regions of the United States.
Denzil was soon joined by his brother.
The recognition of the Schrader name was built as the auction business grew selling farms, farm equipment, and livestock throughout Indiana and Michigan.
Expansion accelerated beginning in 1967 as a strategic plan was implemented to add Schrader representatives throughout the Midwest.
Growth in the 1970's included selling land by arranging tax-deferred exchanges for many Midwestern landowners moving operations to other regions of the United States.
Create a Profile
Our website mailing list has the ability to tailor itself to your needs and interests - whether you are a buyer, seller, or just curious about the real estate market.
To start we need a little information about you.
Before you start typing, know that we take your security very seriously and will never share your information with any 3rd party.
To start we need a little information about you.
Before you start typing, know that we take your security very seriously and will never share your information with any 3rd party.
Faq
Auctions have been held and used as an efficient way to sell property for over 2,000 years.
These days, we primarily use 3 different types of auctions: Timed Online Only, Virtual, and Live with Online.
Timed Online Only is an auction where the entire bidding process takes place online, and the property in the auction has a defined closing date and time.
In some cases the bidding can remain open for a day, week, or longer.
Typically if there are bids in the last few minutes of the auction for a particular lot, the end time for that lot will extend for a few minutes to allow the runner-up bidder the chance to get back in.
These days, we primarily use 3 different types of auctions: Timed Online Only, Virtual, and Live with Online.
Timed Online Only is an auction where the entire bidding process takes place online, and the property in the auction has a defined closing date and time.
In some cases the bidding can remain open for a day, week, or longer.
Typically if there are bids in the last few minutes of the auction for a particular lot, the end time for that lot will extend for a few minutes to allow the runner-up bidder the chance to get back in.
For Sale
When you hear the name Schrader, you probably think of auctions.
And while we're glad that connection is automatic, it's not the only connection we're making.
Schrader brings buyers and sellers together through private treaty with the same effort we bring sellers and bidders together at auctions.
We know that auction may not be the best method to sell various properties, so we offer you marketing choices.
As a seller, your listing will benefit from the talents of our auction advertising designers and our knowledgable sales agents.
And while we're glad that connection is automatic, it's not the only connection we're making.
Schrader brings buyers and sellers together through private treaty with the same effort we bring sellers and bidders together at auctions.
We know that auction may not be the best method to sell various properties, so we offer you marketing choices.
As a seller, your listing will benefit from the talents of our auction advertising designers and our knowledgable sales agents.
Buyers
In the Schrader M3 Method of auction, most properties are offered in individual tracts, any combination of tracts and as a total property.
There will be open bidding on the individual tracts, tract combinations and the whole property as determined by the Auctioneer.
Bids on the tracts and the total property may compete.
If you have never purchased real estate at auction, simply follow some brief guidelines we have prepared to help you get ready.
Schrader representatives will hold inspection days and open houses on the property during the marketing period.
There will be open bidding on the individual tracts, tract combinations and the whole property as determined by the Auctioneer.
Bids on the tracts and the total property may compete.
If you have never purchased real estate at auction, simply follow some brief guidelines we have prepared to help you get ready.
Schrader representatives will hold inspection days and open houses on the property during the marketing period.
Financing
Schrader works with lenders (like the following) who can help you achieve your real estate goals.
We often host lenders luncheons for large auctions, to inform lenders local to the property on how our system works and how our clients can best be served.
This relationship makes both the borrowing and bidding more efficient and less confusing.
Accord has provided convenient and competitive equipment Leasing and Financing programs since 1992.
Flexible payment plans are available for any type of business or farm.
We often host lenders luncheons for large auctions, to inform lenders local to the property on how our system works and how our clients can best be served.
This relationship makes both the borrowing and bidding more efficient and less confusing.
Accord has provided convenient and competitive equipment Leasing and Financing programs since 1992.
Flexible payment plans are available for any type of business or farm.
Sellers
This unrestricted process promotes greater competition, which in turn creates higher prices for our sellers.
The Maximum Marketing Method (M3) allows the seller to identify provisional auction tracts to optimize the bidding options available to prospective buyers.
Prospective buyers are then able to determine the most valuable tract divisions and/or combinations through the auction process.
Schrader uses sophisticated GPS and GIS technology, combined with its marketing expertise, to leverage the inherent advantages of the M3 method.
The Maximum Marketing Method (M3) allows the seller to identify provisional auction tracts to optimize the bidding options available to prospective buyers.
Prospective buyers are then able to determine the most valuable tract divisions and/or combinations through the auction process.
Schrader uses sophisticated GPS and GIS technology, combined with its marketing expertise, to leverage the inherent advantages of the M3 method.
1031 Exchanges
1031 tax-deferred real estate exchanges have long been a tax-saving selling tool.
With the ability to "swap" like-kind properties, property owners can avoid excessive capital gains taxes.
You might think such seemingly complicated transactions would be difficult to integrate with the auction marketing process, especially Schrader's exclusive M3 multi-tract system.
With over 20 years of experience combining these two advantageous marketing tools, we know how to make it work for all parties involved.
With the ability to "swap" like-kind properties, property owners can avoid excessive capital gains taxes.
You might think such seemingly complicated transactions would be difficult to integrate with the auction marketing process, especially Schrader's exclusive M3 multi-tract system.
With over 20 years of experience combining these two advantageous marketing tools, we know how to make it work for all parties involved.
