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Kamis, 12 Mei 2016

Organizing North Dakota Land Auctions

By Nancy Cole


Selling real estate through bidding has proven to be quite a success over the years. Due to the rate of success enjoyed during such events, very many people have embraced the idea. For this event to succeed however, so much emphasis has to be put into the preparation procedure. North Dakota land auctions can be quite hectic to plan properly. The organizing committee should be quite committed to planning all aspects in advance for fruition.

When starting with this procedure, one should commence with formulation of goals of participation, procurement and earning. These goals should be realistic and simple to accomplish. When setting these goals, the team should consider the number of items that are available for auctioning and the amount of money required. The committee should consider hiring professionals to handle this part of the process. In addition to that, the team should also commence making preparations to draft a budget for the event.

The date and location of this event are two of the most sensitive issues that one will have to deal with when organizing such an event in Cando, ND. The success of such an event relies on many people actually showing up. The selected place should therefore have the capacity to accommodate the predicted number of guests. This location should be easy to access and highly secure. It best be somewhere near the property too.

The team should also select a professional auctioneer. There are very many auctioneers in the city of Cando, ND. Many people will be tempted to hire the first professional who comes their way. This is not the best way to go about this event however. The team should consider call up several experts and scrutinize them carefully before selecting the best among them. They can also decide to use referrals or recommendations.

People should be notified of the event, invitations have to therefore be sent out to various guests. Since issues to do with location, date and time have been worked out, it is time to send out as many invitations as possible. This can be in the form of emails, invitation cards or even phone calls to the prospective property sellers and buyers as well.

So much information must be shared during the actual event. In as much as there will be ushers to help up with this task, it will help to design written documents to aid in directing guests on procedure to be followed. Event programs, master lists, bid sheets and auction catalogs are some of the documents that the committee will have to prepare. These will help in running the event smoothly.

It is also important that the organizers of this event put measures in place to publicize and promote the event. In addition to use of radio and television adverts, pictures of the items to be sold can also be put on display to capture the attention of passersby. This will excite people and have them attend the event.

The place has to be well organized with pictures and property displays as to capture the attention and interests of those in attendance. Have a check out system in place to help with keeping property records on that day. An elaborate check out system will save one from the effects of disorganization.




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