Business Details
50+ Years
experience
Trusted Real Estate Auctions and Appraisal Services Nationwide
Founded in 1944, our company has built a national reputation as a leader in real estate and equipment auctions. We combine decades of industry experience with innovative marketing strategies to deliver maximum value for our clients. Our team of professionals brings an average of 15+ years of experience to every project, ensuring personalized service and strategic insight. We specialize in multi-tract real estate auctions using our proprietary M3 system, which has revolutionized the auction industry. With operations in 40 states and over $350 million in annual sales, we provide comprehensive auction solutions backed by a dedicated in-house marketing team.Our approach emphasizes transparency, integrity, and client education throughout the auction process. We maintain a strong commitment to professional development, with staff holding advanced degrees and specialized certifications. Our appraisal department offers certified valuations for agricultural and commercial properties, leveraging real-time market data from our extensive auction activity. We continually invest in technology to enhance bidding accessibility through online platforms and digital marketing tools. Our success is measured not just by sales volume but by the long-term relationships we build with clients and industry partners.
Services
Real Estate Auctions
Farm Equipment Auctions
Land Appraisals
1031 Exchanges
Online Bidding Platform
Commercial Property Sales
Timberland Auctions
Recreational Land Sales
Equipment Liquidation
Estate Settlement Auctions
Details
- Year established: 1944
Highlights and features
- Conduct over 300 auctions annually with $350M+ in sales volume
- Developed the patented M3 multi-tract auction system
- Licensed in 32 states with nationwide auction partnerships
- In-house marketing team with 150+ national advertising awards
- Appraisal team with real-time market insights from active auctions
What people say
Smooth, professional spectacle
Raised prices beyond expectations
Extensive market knowledge
Innovative auction methods
Excellent client communication
Services
Real Estate Auctions
Our real estate auctions utilize the proprietary M3 multi-tract system to maximize property value through competitive bidding. We handle residential, commercial, and agricultural properties across 40 states. Our approach combines local market expertise with national marketing reach to attract qualified buyers.
Farm Equipment Auctions
Specializing in farm equipment auctions with approximately 200 events annually. We handle single-owner dispersals and consignment sales using mobile operations and online platforms. Our experienced team ensures proper equipment valuation and exposure to qualified buyers.
Land Appraisals
Certified land appraisal services for agricultural and commercial properties. Our team provides accurate valuations using real-time market data from our extensive auction activity. Services include estate planning, lending support, and date-of-death appraisals.
1031 Exchanges
Facilitating IRS-compliant 1031 exchange transactions through strategic property marketing and auction timing. We help investors defer capital gains taxes while maximizing property value through competitive bidding processes.
Online Bidding Platform
Advanced online bidding system enabling remote participation in multi-tract auctions. Features include graphical bidding visualization, live auction streaming, and integrated payment processing to enhance buyer accessibility and seller exposure.
People
Rex D. Schrader
President
Third-generation auction professional with over 30 years of experience. Holds master's degree in Agricultural Economics. Leads strategic direction and innovation initiatives for the company's nationwide operations.
Fred Geyer
Appraisal Manager
Certified agricultural appraiser with expertise in farmland valuation. Manages appraisal department operations and provides consultation for complex property valuations across multiple states.
Leslie Basinger
Marketing Team Leader
Creative director with 15+ years of auction marketing experience. Oversees design team responsible for award-winning promotional materials and digital campaigns that have earned 150+ national awards.
Questions
What auction formats do you offer?
We offer live on-site auctions, timed online auctions, and hybrid formats combining both methods using our proprietary M3 system.
How does your multi-tract auction system work?
Our patented M3 system allows properties to be sold as individual tracts, combinations, or the whole property simultaneously to maximize competition and value.
Do you provide property valuations?
Yes, our certified appraisal team offers detailed property valuations for agricultural, commercial, and residential properties nationwide.
What payment terms apply to auction purchases?
Typically requires 10% down payment on auction day with full payment due within 15 days of closing.
Can I bid remotely in your auctions?
Yes, we provide online bidding platforms and phone bidding options for remote participation in all our auctions.
What types of properties do you auction?
We specialize in farmland, timberland, recreational properties, commercial real estate, and farm equipment auctions nationwide.
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