Podcast Episode 46: Going Once, Going Twice, SOLD to BigIron Auctions

BigIron Auctions

When you hear auctions you might think small-town auctions, charity auctions, or even the nationally televised car auctions Barret-Jackson.  The agriculture industry has its share of auctioning resources where farmers can buy or sell farm equipment at auctions held across the nation.  Our guest today is Mark Stock, who along with his brother Ron, co-founded BigIron Auctions, which focuses on large equipment auctions and offers both weekly onsite and online auctions.  Mark will explain the journey he and his brother took from growing up on a farm to becoming successful entrepreneurs and how their auctions take advantage of the internet to bring potential buyers equipment from all over the country.  Mark will also explain the advice he gives to farmers on making additional income like leasing hunting land on farms, and how to get the best deal in an auction.  And of course, Mark will give us a taste of that famous auctioneer voice.

Connect with BigIron Auctions:

BigIron Website

Additional Episode Links:

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Show Highlights:

  • Mark Stock starting BigIron Auctions
  • Auction Schools
  • Starting with Salt and Pepper Sales
  • Best time to sell
  • Online Auctions
  • How to win bids
  • The “Barret-Jackson” equipment auctions
  • How to get a good deal on an auction
  • $350,000 for a combine
  • What to do if a farm goes under
  • How to sell land
  • Managing farmland
  • How to use farmland for hunting
  • Benefit auctions
  • Online Auctions

 

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