Freedom Tract(TM) Auction Method
In the past, many properties were offered in parcels and then as a whole
and that was the end of the bidding.
However, in recent years the Freedom Tract(TM) auction method has become
one of the most effective and desirable approaches for selling any real
estate that can be divided into parcels. With Freedom Tract, bidders are
priviledged to bid on any combination parcels, or "tracts," that they
desire. All bidding remains open until the conclusion of the auction. This
allows any bidder to raise the offer on any tract or combination of
tracts -- even the entire property -- until the bidding has been exhausted.
The Freedom Tract(TM) auction method ensures that all bidders have a fair and
equal opportunity to acquire the real estate they want to purchase. The
result for the seller is the assurance that all competitive bidding is
exhausted and the maximum current market price is received.
The Freedom Tract(TM) auction method is a proprietary technology, Windows(TM) based software & automated process for real time tracking and display of individual and combinations for multi-parcel real estate auction bids on projection screens displaying bids as first, second & third place finishes, including totals at the bottom of each screen.