M id A tlantic Real Estate Journal — Pennsylvania — January 22 - February 18, 2021 — 13B P ennsylvania
EW ENTERPRISE (BEDFORD), PA – The Detwiler Farm in AHA "Auctioneers Helping Auctioneers" Hurley Auctions sells The Detwiler Farm in Bedford County, PA for $4.81 Million N more to bid or see what was going on!”
complex as an auctioneer need- ing help with his/her auction in just a few days. There’s alot of cooperation, and a caring at- titude among most auctioneers throughout the world. So the next time you hire an auction- eer, you can be assured you’re getting the benefits of several auctioneers” Hartman said. Auction day was an exciting event held outside amidst beau- tiful rolling fields of wheat. “It was a very, very interesting mix of people out there," Hart- man said. "We had bankers, farmers and land owners, businessmen, reporters, and
"There was intense and ac- tive competitive bidding on every tract with bidding lasting nearly 2 1/2 hours." When the dust was settled, the total for the farm brought $4.81 million with farmland selling as high as $10,380-/ acre on some tracts. “That’s the highest land auction price for farmland in the county I know of. It’s unheard of to see farmland sell above $8,000 per acre in Bedford County," said Hartman. “But that’s the beauty of an auction!” MAREJ
Bedford County recently sold at auction for $4.81 million. Being one of the Pennsylva- nia’s largest land auctions to be conducted with nearly a thousand acres being sold drew a lot of attention to the small town of New Enterprise with a population of less than 2,000 residents. The land had been in the same family for nearly 100 years and with the family in different areas of the country upkeep of the farm was becom- ing difficult to say the least. The Detwilers wanted to sell the property but were unsure as to the best way to sell it. They contacted Marge Hart- man , CEO, auctioneer, and land specialist at Hurley Auc- tions for guidance. Hartman suggested doing a multi-parcel auction to maximize the value on the property. “Buyers many times, are unable to purchase an entire property, but instead only want to purchase a part of it. By doing the land at multi- par, we can offer the property in separate tracts, combinations of tracts, and as a whole.” The Detwiler’s were enthusiastic with the idea and contracted Hurley Auctions to do the sale. The auction was a huge un- dertaking with much research and discussion to develop a land plan that would be most suitable and desirable to po- tential buyers. It was decided to offer the property in 14 different tracts varying from all farmland, wooded acreage and pasture to a mixture of all three. Inquiries for the property came from all over the country. With the number of potential attendees and the limited num- ber of auctioneers on hand, Hartman contacted fellow auc- tioneers ShermHostetter and Tammy Miller to assist her and auctioneer Gene Hurley in the sale…”AHA!” “We coin the term AHA for Auctioneers-Helping-Auction- eers. I originally learned it attending classes at the NAA National Auctioneers Associa- tion where there is an immense caring and helping attitude from all of our colleagues and it’s usually followed with sev- eral people yelling out ‘AHA!’ Help is given in so many ways including at NAA classes and seminars, where material is provided to help auctioneers
Shown from left: Tammy Miller, Sherm Hostetter, Marjorie Hartman and R. Eugene Hurley.
learn more about their trade. And it can be as simple as get-
ting answers for ‘I’m not sure what type of doll this is…?’ or as
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