Lots of lots on the block
John Bickel has an alternative approach for buyers and sellers of Lehigh land. Every other month he holds a real estate auction featuring Lehigh Acres vacant land.
The upcoming auction this Saturday features 70 quarter and half acre parcels. Recent auctions held by other groups have seen property actually selling for prices higher than generally available through traditional MLS approach.
Auction ‘fun way’ to buy lots in Lehigh [News-Press]
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The News-Press has a follow-up article about this auction.
With the 10% buyers premium factored in, it appears that lots sold for very close to the MLS price.