Customers count on Ritchie Bros. to sell their real estate as well as equipment

Ritchie Bros. is known around the globe for selling heavy equipment, trucks, and other industrial assets. Though something the company may not be as well-known for are its real estate services, provided by a dedicated Real Estate & Brokerage Division.

Over Ritchie Bros.’ 60+ years in business, the company has sold hundreds of thousands of acres of property across Canada, including farmland, commercial, recreational, and residential properties. In fact, in the last five years alone Ritchie Bros. has sold more than 110,000 title acres of farmland alone!

Given the current unknowns in the economy, customers are looking for selling options that give them certainty of sale, and Ritchie Bros. is seeing increased demand for the auction real estate sale process which provides that certainty. And with different options for selling property, Ritchie Bros.’ customers get the power of flexibility and choice in the process, and their Real Estate team can put together a customized plan to meet sellers’ needs, timeline, and goals – whether it’s certainty of sale or control over price and timing.

For real estate buyers, Ritchie Bros. offers a unique opportunity with a wide range of properties of regularly featured for sale – from investment property with development potential to recreational property, residences and of course, farmland.

Ritchie Bros.’ upcoming March 13-14 auction in Youngstown, AB for Merle and Connie Blair, owners of Plover Lake Ranch (1981) Ltd., is one of those big opportunities to buy farmland and more. The auction features 73 Parcels of real estate including one home quarter, 2 acreages and 70 parcels of farmland. Here’s an overview of what will be selling:

• 17752.48± acres

• $127,390.99± Surface Lease Revenue

• Subdivided, Multifamily Properties

• Fenced and Cross-Fenced

• Grazing & Cultivation Leases

• Machine Shop & Storage

• Multiple Water Wells

• John Deere Equipment Set

• Grain & Fertilizer Storage

There will be a viewing on March 2 from 1–3 pm, but farmland may be viewed without appointment. Watch this video for a preview of this auction and some of the equipment and property for sale. Everything will be selling in this unreserved online Timed Auction – no minimum bids or reserve prices. and bidding opens five days prior to the auction date.