Ranch real estate auction

Step-By-Step Real Estate Auction Guide

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A Step-By-Step Guide to the Real Estate Auction Process

Navigating the real estate market can be a complex endeavor, but choosing to sell your property through an auction can streamline the process and potentially yield excellent results. Auctions offer an efficient, transparent way to sell real estate, ensuring your property is presented to a competitive pool of potential buyers.

Real estate auctions work because they create urgency. An auction date and time motivates potential buyers to act. The process is truly hands-off for sellers. And, sellers to dictate when, where and how the sale will happen.

“Once they (CJ Auctions) came in, it all just happened so quickly and so professionally. We were just kind of left with our mouth open because we didn’t expect it to go so smoothly and so quickly. And they took care of everything. All I had to do was show up at closing. I will be forever grateful for what they did for our family.”

 – Kary Warren, Lamb Ranch Trustee.

Property owners benefit from selling real estate at auction because they can minimize carrying costs, eliminate risks associated with pre-sale inspections and know when their property will sell. Additionally, there is no need for extensive repairs or upgrades because property offered at auction is typically sold ‘as is, where is’ meaning that bidders are offering to buy the property in the condition it is in on sale day. There are no sale contingencies and no negotiating.

Competition assures that owners are getting the best price for real estate at auction. At auction you get competing offers all at once. Each bid is simply an offer to purchase. The sales price is determined by competing bids that go up, not down.

Here’s a comprehensive guide to understanding the auction process from start to finish.

Discovery – Initial Consultation

Your auction journey begins with an on-site visit to learn about your property, the local real estate market and most importantly, your goals and objectives. This meeting serves as a foundation for the entire process:

  • Discuss your goals and which sales method – auction or listing – is the best fit for what you want to accomplish.
  • Discover what’s unique about your property, gain an overall understanding of your real estate asset and assess your property’s potential value.
  • Outline the auction sales process including deliverables, timeline and post-sale activity.
  • Address any remaining questions you or your family may have about the process, risks and benefits thoroughly with your real estate team.

Seller Responsibilities

Property owners selling via auction have similar duties to those in any real estate transaction.

  • Affirm property details such as shared ownership, legal descriptions, right of ways, acreage, etc.
  • Disclose financial details about existing mortgages, liens, etc.
  • Disclosure of any known hazards or defects.
  • Make the property available for pre-sale work, inspections or open houses during the marketing period. A key difference with auction is that inspections/open houses are typically limited to 3 or less and scheduled ahead of time – no last-minute showings.

Auctioneer Responsibilities

  • Keep you advised and informed with responsive communication throughout the process.
  • Set the auction date, time and location.
  • Package your property for maximum pricing potential through parceling.
  • Determine if a land survey is necessary and, if so, manage the survey process.
  • Organize all relevant property documentation, disclosures and other legal paperwork.
  • Prepare marketing plan and manage marketing process.
  • Organize and manage your real estate auction and sale process.
  • Organize and manage real estate closing.

Marketing

A strategic marketing plan is crucial for drawing in potential buyers. The tactics employed to market your property typically include:

  • Professional photography and videography showcasing your property through compelling visuals.
  • Custom webpage illustrating your property.
  • Online listing placements on real estate websites such as Zillow & Realtor.com.
  • Social media campaigns that engage audiences and generate interest.
  • Email marketing to targeted buyers, investors, brokers and related professionals.
  • Print advertising in local newspapers and select industry publications.
  • On-site signs and off-site directional signs to inform and attract local buyers.

Inspections and Open Houses

Inspections and/or open houses are a pivotal part of the auction process, offering potential buyers the chance to view the property firsthand. A key benefit of selling via auction is that these are typically limited to 3 or fewer and they are scheduled as part of the marketing plan so that you can plan and never have to hassle with a last-minute call to show your property.

  • Inspections and/or open house events are scheduled on fixed days and times and promoted as part of your marketing plan. Typically, there are 1 or 2 events prior to sale day and 1 event on sale day.
  • A representative from your real estate auction will be present to answer questions and offer details about your property during a set time period. They’ll collect feedback from attendees to gauge interest and address any potential issues that may impact your sale.

Auction Day

The entire process comes together on sale day.

  • Your real estate auction team will set up the property for sale posting additional sale day signage directing prospective bidders to the auction.
  • Prospective buyers will be able to arrive at least one-hour prior to auction time to inspect the property, register to bid, and ask any questions about the property or auction process.
  • At auction time, the auctioneer will make pre-auction announcements reading the sale terms, conditions, and disclosures into the record. Then your auctioneer will ask the audience if there are any questions for the record.
  • Once all questions have been answered, the auctioneer opens the competition with an initial starting bid.
  • Potential buyers make successive bids, each higher than the previous one. It’s a fast and exciting pace. Auctioneers typically work with a team consisting of the auctioneer, ringmen and an auction manager.
  • Your auctioneer will generate maximum value for the property by expediting competitive bidding while ensuring a transparent and fair process for all bidders.
  • The bidding process continues until a high bidder is declared.
  • If there are multiple property/parcels, the successful high bidder wins the right to choose a property/parcel or properties/parcels from a grouping of similar or like-kind properties. After the high bidder’s selection, the property/parcels they chose are deleted from the group and the bidding commences for any remaining property/parcels.
  • The bidding process continues until all properties/parcels have been sold.

Post-Auction

Immediately following the auction, high bidders will meet with the auction manager to complete the sale.

  • High bidders will sign the purchase agreement and pay a non-refundable deposit.
  • The auction manager will review the closing process and answer any buyer questions.
  • The auction manager will then expedite the closing process. Settlement typically occurs within 30 to 45 days of seller acceptance.

Conclusion

Selling your property at auction can be a powerful method for achieving a successful and timely sale. Understanding each step ensures you are well-prepared and can collaborate effectively with your auctioneer to maximize the benefits of this sales approach.

If you have questions or need further assistance about selling your property at auction, don’t hesitate to reach out. We’re here to guide you through the auction process and help you achieve the best possible outcome.

Stay tuned for our next post, where we’ll provide tips on preparing your property for auction to ensure it looks its best and captivates the right buyers.

Is Real Estate Auction Right For You?

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Opting for a real estate auction offers the sellers the benefit of knowing the exact date their property will sell, a potentially higher sale price, and a straightforward, transparent buying experience. This guide aims to simplify the decision process by exploring the 5 key questions sellers must answer in order to determine if selling via auction aligns with your needs and goals.

Do you have time to handle the sales process?

Real estate auctioneers typically remove the hassle of selling by actively managing every aspect of the sale from signing to closing. That’s why auction is preferred by trust companies and families handling property sales after a loved-one has passed. Sellers often only need to sign the listing agreement and provide access to the property.

The auctioneers team handles everything from that point forward through closing. It greatly simplifies the real estate process and reduces seller stress.

What’s most important to you: a guaranteed sale or sales price? 

There are two kinds of auctions you can choose from: absolute and reserve. Each has its advantages, and the best choice depends on what you’re looking for and the details of your property.

If you’re aiming for a definite sale, an absolute auction is best. Absolute auctions attract larger buyer pools and generate more excitement because buyers have more confidence in the sale. There is no ‘reserve price’. Buyers know that the property will absolutely sell to the highest bidder. An absolute auction is the “classic” type of auction where real estate is sold to the highest bidder, regardless of the price. There is no reserve price or minimum sale price. Bidding in an absolute auction starts at $0 resulting in fast and fierce competition for quality assets.

If you are risk averse, reserve auction may be for you. A reserve price is the minimum amount that a seller will accept as the winning bid. This prevents a bidder who offers a price lower than what you will accept from winning the auction. Reserve prices are not published. Sellers have the accept or reject the high bid within a designated time period – usually 24 hours. The auction company will work with sellers to set the minimum acceptable sales price. The downside of a Reserve Auction is that they reduce the potential buyer pool and bidding competition because there is no certainty they will be able to buy the property even if they are the highest bidder.

Both approaches can work well, and your auctioneer will help you decide the most suitable one based on what you need for your property.

Is your property unique or hard to value due to lack of comps?

When it’s time to sell, setting the right price can be tricky for any real estate asset. Typically appraisers review comparable properties to determine the value. But, for unique properties such as ranches, farms, rural land or lake homes, the lack of comparable properties makes it exceptionally difficult for brokers, banks, sellers and buyers to assign a fair value range to your real estate. An accurate appraisal of your properties value is only possible with a large data set of comparable recent sales.

A real estate auction as the ultimate way to set true market value. Instead of guessing and setting a price, an auction lets the market decide. It draws in all interested buyers to bid against each other. You get the genuine market value of your property, attract lots of interested buyers quickly and, speed up the selling process. This way, you’re not just getting any buyer, but the one willing to pay the most for your unique property. And you might even find the final auction price surpassing your expectations!

Are High Holding Costs a Concern? 

When your property is up for sale, you’re still responsible for ongoing costs like taxes, utilities, insurance, and mortgage payments. For unique properties in rural areas, sellers often wait for months or years to get an offer through the traditional real estate listing sale process. Sellers are forced to pay for all of the expenses of holding the property. Often maintenance is a significant issue for unoccupied homes and buildings – little issues become big problems because no one is there to stay on top of it.

The longer it remains unsold, the more expenses you accumulate. Selling through an auction can speed up the sale process, helping you save money and swiftly move into your next home.

For landlords facing rental properties that cost more to maintain than they earn, or require significant repairs, selling via auction could be an effective solution. It’s a quick way to offload these properties, potentially increase your profits, and free up resources to expand your investment portfolio.

Homeowners facing unexpectedly high costs, such as large utility bills, HOA fees, or maintaining a property that’s too large, could benefit from a quicker sale through auction. This approach could help manage expenses more effectively.

Do you want to sell quickly, with no inspections, repairs or negotiations? 

If so, real estate auction is for you. Properties are sold at auction in as little as 30-days. And, the winning bidder must be willing to accept the property as is. Buyers can’t ask sellers to do extra work or pay expenses on the property. A property sold at an auction isn’t tied to an appraisal, inspection, or mortgage. There also can’t be any conditions or contingencies from the bidder upon selling.

Real estate is sold at auction in ‘as-is’ condition – no contingencies, no inspections and no repairs. Buyers are responsible for inspecting the property and committing to buy the property ‘as it stands’. Sellers do not need to make repairs or improvements.

There’s no negotiating. Real estate auction removes the hassle of negotiating when you sell. No inspections or appraisals are required. And, closings as fast and typically surprise free.

Is auction right for you?

Real estate auction offers the benefits of a quicker sale, higher sales price and a simple transparent sales process.

Analysis of 25 academic studies reveals that property auctions consistently produce greater returns than traditional sales through realtors. Several factors consistently emerged as contributors to the higher returns achieved through auctions. These include:

Speed: Sellers control the sale by setting the sale date. They’ll know exactly when the property will sell. There’s no waiting and no ‘hoping’ to get an offer. Auctioned properties typically sell faster than those listed with realtors, reducing holding costs and increase overall returns.

Competitive Environment: The auction atmosphere encourages a competitive bidding environment, resulting in higher sale prices. Analysis reveals that the average real estate auction results in 15% greater total return. Real estate auctions take advantage of current demand by pitting buyers against each other. Sellers benefit from the competition. Buyers to see exactly how much others are offering and adjust their bids accordingly in real-time.

Transparency: Auctions provide a level of transparency that is often lacking in traditional real estate transactions. Traditional home selling methods often leave buyers in the dark, making offers without knowing what others are willing to pay. Sellers simply don’t know what the maximum offer can be so they often have to settle for less than true value.

Sept Real Estate Auctions

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Ranch and Timberland for sale via Real Estate Auction

Nearly 1,200 acres and two homes are on the auction block as CJ Real Estate offers a Red River cattle ranch and East Texas timber land for sale on September 6th & 7th.

Bryan County Oklahoma Ranch for sale September 6th, 2023

This amazing 1,100 acre cattle and hunting ranch features two homes, barns, shops and outbuildings offered in 8 parcel of 40 to 364 acres each. Located 15-minutes southeast of Durant, OK and 3-miles north of the Red River.

Bonham Texas residential lot for sale September 6th, 2023

0.1-acre residential lot ready for new home construction located 2-blocks from Powder Creek Park, 1-mile south of Bonham Elementary, Junior and Senior High Schools.

Polk County Texas Timberland for sale September 7th, 2023

No reserve auction of 84-acres ideal for continued timber production, quiet country living or a hunting retreat.

CJ Real Estate is proud to bring these properties to auction. Whether you’re an experienced rancher, land investor, or individual seeking land, our upcoming auctions offer real property sure to meet your needs. Visit www.CJ-RE.com for auction details of these and other ranch, residential and commercial real estate assets.

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What is a Real Estate Auction?

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What is a Real Estate Auction?

A real estate auction is an intense, accelerated real estate marketing process that involves the public sale of any real property via open competitive bidding with the highest bidder taking ownership. A professional auctioneer moderates bidding to ensure a fair and legal process.

Real estate auctions are an effective and efficient way to buy or sell real property such as homes, land, commercial buildings, farms and ranches. The advantage of auction is that sellers know when their property will sell and that they will get true market value for their property.

Real estate auction companies are real estate brokers that utilize auction as a method of sale. They may sell property via the traditional ‘list-and-wait’ method too. In most states, real estate auctioneers are required to be licensed to sell real estate or work on behalf of a licensed real estate broker.

The auction method offers a property for sale in an open bidding process with the highest bidder taking ownership. Auctions are typically used when time is of the essence, giving sellers a proven tool to quickly sell assets without discounting. It is a unique platform that brings together motivated buyers and sellers to determine a property’s true market value through competitive bidding. In this article, we will delve into what a real estate auction entails, how it works, and discuss the pros and cons for both sellers and buyers.

What Types of Real Estate are Best Sold at Auction?

All types of real estate can be sold at auction. Auction is the primary method of sale for farms, ranches, luxury homes, commercial and investment grade real estate. Which sales method is best depends upon the specific characteristics of each property and market conditions.

Eric Johnson described it best when he said, “every property is unique. We sit with the client and learn everything there is to know about the property…then help them determine the best sale method for their situation”

The advantage of real estate auction is that it creates the market and establishes a sense of urgency among potential buyers.

That’s why farm, ranch, luxury and other high-value properties are commonly sold via auction. While these types of properties are often sought after, the pool of qualified buyers may be small and geographically diverse. Aggressively marketing these types of high-value properties attracts buyers, generates demand and facilitates a quick sale at true market value.

Distressed properties such as foreclosed homes and bank-owned properties are also excellent candidates for auction.

Unique or historic properties can benefit from auction too. Properties with historical significance, architectural uniqueness, or located in sought-after locations can capture the attention of buyers who appreciate their distinctive characteristics.

What’s the Difference Between a Real Estate Agent and a Real Estate Auctioneer?

Most people are surprised to learn that real estate auction companies and agencies perform many of same functions. Both are licensed professional businesses that must abide by the same laws and code of ethics. While their primary goal is to facilitate real estate transactions, there are fundamental differences in their approach and focus.

Real estate auction companies specialize in selling real estate and focus on delivering the highest sales price to property owners through competitive bidding. Real estate agents are generalists that help people find property through a local MLS and then facilitate a mutually beneficial transaction.

Real estate auctioneers and real estate agents possess specific areas of expertise that distinguish their services and benefit clients differently.

Real Estate Auctioneers:

  • Are real estate marketing specialists
  • Represent only the seller in a transaction
  • Evaluate and establish property value
  • Manage complex legal structures
  • Give property owners more control of their sale.
  • Provide guidance and facilitate legal compliance

Real Estate Agent:

  • Are marketing generalists
  • May represent both the buyer and seller
  • Focus on localized services
  • Rely on third-party evaluations
  • Estimate asking price then list-and-wait
  • Assist with paperwork

What Are the Different Types of Real Estate Auctions?

There are common types of real estate auctions that bidders may encounter.

  1. ABSOLUTE AUCTION: In an absolute auction, also known as a ‘No Reserve’ auction, the highest bidder wins regardless of the amount of the bid. These are exciting events where you could bid $1 and win the auction. Absolute auctions attract the largest pool of bidders because all sales are final – the property will ‘absolutely’ sell.
  2. RESERVE AUCTION: This is the most common type of auction. The seller reserves the right to review the bids and accept or reject the highest offer. Typically, the reserve price is not published and has been set in advance by an agreement between the auction company and the owner.
  3. MINIMUM BID: In this type of auction, there is a minimum accepted bid amount. This is different than a ‘reserve’ because the minimum bid is generally the balance owed to a third-party such as a mortgage balance, taxes, or a lien. All sales at the minimum bid or higher are final.

Why is Real Estate offered As-Is at Auction?

Real Estate is offered ‘as-is’ at auction because the high-bidder is bidding on real property in ‘as-is’ condition without contingencies. This means that the seller will not repair or improve the property in any way prior to closing. Properties are sold in ‘as-is’ condition at auction because the high-bidder is legally obliged to purchase the property at the bid price offered.

Bidders should conduct their own due diligence prior to bidding. The real estate auction company will disclose things such as lead paint, inclusion in a flood plain, easements or other known potential issues in the printed auction materials and the auctioneer will verbally communicate any such disclosures in advance of the auction.

Can Buyers Back Out of a Real Estate Auction Bid?

At a live auction, a bid represents a legal obligation. If you make a bid, you are committed to purchasing the property at the bid price you offered. Always perform due diligence prior to attending an auction. Ask questions prior to the auction. Read and understand the auction terms and conditions. Then, establish your bidding strategy and pricing parameters prior to auction and stick to it.

How Do Real Estate Auctions Work?

  1. Preparation:

The auction process begins with the seller or their representative meeting with a licensed real estate auction company to help evaluate the best method of sale for their needs.  The property is evaluated, appraised, and the marketability is assessed. The auction company will review these findings with the seller, discuss the pros and cons, then determine if auction or listing is the best method of sale for that property.

  1. Planning:

Once the seller decides to utilize the auction method, the real estate auction company will:

  • Set the auction date, time and location.
  • Package the property for maximum pricing potential through parceling.
  • Organize all relevant documentation, disclosures and other legal paperwork.
  • Prepare a marketing recommendation.
  • Prepare marketing materials.

 

  1. Marketing:

Real estate auction companies are expert marketers. They will tailor the marketing to attract a pool of the most qualified buyers through a comprehensive marketing campaign. Marketing typically involves broad reaching and highly-targeted online marketing reinforced with eye-catching signage and intense local advertising as well as personal outreach to insiders and investors. The goal is to create interest, build competitive excitement to attract a pool of qualified bidders.

 

  1. Inspection:

Interested buyers are typically provided with the opportunity to inspect the property before the auction. This allows them to assess the property’s condition and evaluate its suitability to meet their needs. Buyers are encouraged to conduct thorough due diligence to minimize risks.

 

  1. Auction Day:

On the auction day, interested buyers will have one last opportunity to inspect the property in-person for an hour or two prior to auction. At auction time, the auctioneer will make pre-auction announcements that include disclosures and then ask the audience if there are any questions for the record. Once all questions have been answered, the auctioneer opens the bidding with an initial starting bid. Potential buyers make successive bids, each higher than the previous one. Those new to the process may have trouble keeping up with the fast and exciting pace. The auctioneer is responsible for moderating the process and ensuring fairness and transparency. Auctioneers often work with a team consisting of the auctioneer, ringmen and an auction manager.

The auctioneer is the public face of the auction. The top role of the auctioneer is to expedite the sale and keep track of the bids ensuring a transparent process in a fast, exciting and hectic setting. Auctioneer Ronn Cunningham put it best, “people are amazed… in 20-30 minutes we’re selling a ranch that they’ve called home for many, many years.”

Ringmen assist the auctioneer. During the auction, ringmen monitor the bidder activity. Also known as bid spotters or bid catchers, Sam Grasso says that, ‘the correct title is ringman’. They use their bodies and voices to create energy, encourage sales and ensure that the auctioneer recognizes every bid through voice and hand signals.

The auction manager is responsible for setting up the sale day operation including the stage, seating, lighting, public address system and more. They help ensure that all bidders have access to property information and answer prospective bidder questions about the property or auction process. After the auction, auction managers help process paperwork and inform winning bidders of the next steps to closing the sale.

  1. Closing:

Once the auction concludes, the winning bidder is legally obligated to complete the purchase. Typically, a deposit is required, and the remaining balance is settled at closing within a specified timeframe, usually 30-45 days upon the completion of the auction. If the winning bidder fails to fulfill their obligations, the property may be offered to the next highest bidder.

What Are the Pro’s and Con’s of Real Estate Auction for Sellers?

Pros:

  1. Speedy Sale: Real estate auctions can expedite the selling process, as properties are typically sold within a specific timeframe, avoiding prolonged negotiations and reducing carrying costs.

 

  1. Competitive Bidding: Auctions foster a competitive environment, which can result in higher sale prices. The public nature of the event and the urgency it creates among buyers can generate enthusiasm and increased interest.

 

  1. Market Value Determination: Auctions help determine the true market value of a property, as the price is determined by the bidding process. This transparency provides sellers with assurance that their property is sold at its highest possible value.

 

  1. Control: Sellers have control over the terms and conditions of the sale, including setting a reserve price and a specific auction date. This control allows them to streamline the selling process and align it with their specific needs.

 

Cons:

  1. Uncertain Outcome: The final selling price of a property at auction is uncertain, as it is entirely dependent on bidding. There is a possibility that the property may not sell if the reserve price is not met.

 

  1. Limited Exposure: Auctions may limit the exposure of a property to a specific pool of buyers who are interested in auctions. This could potentially exclude a broader range of potential buyers who may be interested in a traditional sale process.

 

  1. Costs: Auctions involve various costs, including auctioneer fees, marketing expenses, and potentially commissions. Sellers should carefully consider these costs to ensure they align with their budget and overall financial objectives.

Final Thoughts About Real Estate Auction

What Are the Pro’s and Con’s of Real Estate Auction for Buyers?

Real estate auctions provide a proven platform for buying and selling properties. Real estate brokers like CJ Real Estate offer sellers a quick and efficient way to sell their properties at potentially higher prices, while buyers can benefit from competitive bidding and access to unique opportunities. Understanding the auction process and weighing the pros and cons can help both sellers and buyers make informed decisions regarding their real estate transactions.

Pros:

  1. Competitive Environment: Buyers have the opportunity to compete against other bidders, which can result in purchasing a property at a potentially lower price than in a traditional sale.

 

  1. Efficiency: Real estate auctions provide a streamlined and transparent buying process. The competitive nature of auctions encourages buyers to make swift decisions and complete the purchase within a specified timeframe.

 

  1. Access to Exclusive Properties: Auctions can offer access to unique properties that may not be available through conventional channels. Buyers can discover rare investment opportunities and properties with potential value.

 

Cons:

  1. Limited Time for Due Diligence: Buyers must conduct thorough due diligence within a limited timeframe before the auction. The inspection period is typically shorter than in traditional sales, which can increase the risk of unforeseen issues.

 

  1. Competitive Pressure: The competitive nature of auctions may result in buyers feeling pressured to bid higher than their initial budget. It is essential for buyers to establish a clear budget and stick to it to avoid overpaying.

 

  1. Non-Refundable Deposit: Winning bidders are typically required to provide a non-refundable deposit. This may pose a financial risk if the buyer encounters difficulties in securing financing or backing out of the deal.
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July Real Estate Auctions

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Oklahoma Land and Home Real Estate Auctions July 2023

Are you looking for ranch land, productive farm land or a country home in Oklahoma? CJ Real Estate, the real estate auction industry leader, brings 3 incredible properties to market this Summer.

Alfalfa county Oklahoma farmland for sale July 19th, 2023

For those seeking farmland, we offer an 80 acre parcel that’s been in the same families hands since the land run. This Alfalfa county farmland will sell on July 19th in a no-reserve real estate auction. This property boast rich soils comprised of 87% Grant silt loam with moderate to intense farming capability. And, it’s located 7-miles north of Ringwood, Oklahoma along Hwy 58.

Owasso, Oklahoma 3 Bedroom Home for sale July 19th, 2023

If you’ve been dreaming of waking up to beautiful sunrises and winding down to stunning sunsets, we have an Owasso single-family home ideal for homeowners or real estate investors. Offered via Trustee Auction, this 3 bedroom, 2.5 bath home on 1+ acre lot features a 3-car garage and 25’x50′ heated shop with half-bathroom. It’s located in the heart of Owasso, Oklahoma approximately one-half mile from Centennial Park along 161st E Ave at 89th St North in quiet Hunters Glen Estates.

1,100 acre Bryan county, Oklahoma ranch for sale early September 2023

Late summer brings the auction of a 1,100 acre cattle ranch near Durant, Oklahoma and 84 acres of timber and open land nestled among the whispering pines northeast of Houston, Texas. Both ranches offer a variety of rolling terrain with timber, creeks and ponds.

CJ Real Estate is proud to bring these properties to auction. Whether you’re an experienced rancher, farmer, or investor, our upcoming auctions offer land to meet your needs. Don’t miss out on this opportunity to own the property of your dreams. Visit www.CJ-RE.com for auction details of these and other ranch, residential and commercial real estate assets.