Why use a Land Agent or Auctioneer to Sell Your Land

Check out this BLOG post from United Country. "Why use a Land Agent or Auctioneer to Sell Your Land"

Notes from the "Land" Man

Photo provided by United Country-Theurer Auction/Realty

Record Land Prices in 2013

2013 saw record land prices in Sumner County, Kansas, with quality tillable land exceeding $6100/Acre. Pasture land and recreational land sold in a price range of $1000-2000 / Acre. A weak recovery, which included low interest bearing CDs, stock market volatility, PLUS speculative oil activity all contributed to strong prices.

Significant Drop in Grain Prices

Land prices began leveling in the second half of 2013 as interest rates moved upward slightly. However, the greatest factor affecting land prices was significantly low grain prices – wheat prices dropped approximately $2 / bushel while corn and milo prices dropped more than $3 / bushel in the second half of 2013. The price drop can be attributed primarily to large grain crops and increased supplies throughout the world.

Dr. Mike Duffy of Iowa State University states, “Land value survey shows a market influx with strong and weak prices occurring at the same time.” Commodity prices have adjusted downward dramatically since a year earlier due to a strong build-up of carryover supplies. Duffy “… looks for commodity prices to remain under pressure and for land values to adjust accordingly.”

So Where are Land Prices Headed?

My projection is prices will remain steady or slightly lower … BUT, don’t “bet” the whole farm on my predictions. “Weird” or “unusual” worldwide weather patterns can change the whole picture overnight. Remember, land is still one of the best and safest investments because “they aren’t making anymore of it.”

This post contributed by: Larry J. Theurer, CAI, GPPA

Collectible and Vintage Toy Auction This Weekend

Let me just say we have a bunch of toys, over 4,000 to be exact. If there is a certain toy you have been searching for...you will probably find it in this collection. Mr. Lehman was an avid toy collector of older metal cars and trucks--many toys were made in the 1920's, 30's, 40's and 50's. The toys are in good to poor condition--many with missing parts. Brand names include, but not limited to , Wyandotte, Buddy L, Marx, Tootsie Toys, Matchbox, Structo, Tonka, and more. We will be selling them individually and by the box full. Come and and a few to your collection.

Go to the website and see what we will be offering both online and live on Friday evening:
www.UCTheurerAuctions.com

Antique & Collectible Tin Toys Up for Auction

United Country Theurer Auction/Realty has the privilege of offering at auction over 4,000 toys from the Brian Lehman Estate. We have 144 lots that will be offered both live and online on Friday, November 15, 2013 beginning at 5 p.m. CST. You can view these lots and register to bid at: https://www.proxibid.com/asp/Catalog.asp?aid=72550

1000 Plus Collectible Toys from the 20's, 30's, 40's to Current

United Country-Theurer Auction/Realty has over 1,000 toys we are currently preparing for auction on Friday, November 15th beginning at 5pm and Saturday, November 16th at 9am. The auction will be held at the Theurer Marketing Center, 802 E 16th St. in Wellington, KS. We will have around 200 lots available online as well as live on Friday evening. You will find these toys on our Proxibid site very soon.

These toys are part of the Brian Lehman Estate. The toys are a good sampling of vehicles from the 20's, 30's and 40's on up to toys collected within the last few years.

The auction also includes automobilia and signage.

If you collect toys, this is the auction for you.  

Brick Ranch Home, Harper KS to be sold at Auction

Full brick ranch home located in Harper, Kansas, will be sold at auction on Monday, October 28, 2013, 7:00 pm. For a private inspection of the property at 605 West 17th, contact United Country-Theurer Auction/Realty.

Personal Property Auction Tonight

We are having a personal property auction this evening beginning at 5pm at the Theurer Marketing Center (802 E 16th St, Wellington, KS). Come enjoy the evening bidding on collectibles and primitives.