Don’t Miss This Incredible 8,500-Acre Ranch Land for Sale in Elk City, Oklahoma!

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Finding the perfect ranch to turn into your home and launch your farming business is no easy feat, especially when you’re dreaming big. The good news for those who are searching for the right property in Oklahoma is that you’re in a state that’s ripe with valuable land waiting to be transformed. The even better news? Smith & Co Auction & Realty has a stunning ranch property for sale near Elk City!

The expansive A-Cross Ranch for sale in Roger Mills County includes 8,500 +/- acres of native and improved grasses and crop land.

Ranch for Sale in Roger Mills County, OK

900 +/- acres of impressive crop land offer prime opportunities for cultivating wheat and alfalfa. The remaining acreage consists of grasses that serve as an ideal pasture for livestock and excellent land for hunting. Located throughout the grass areas are several ponds and streams, including Kiowa Creek and Washita River, that provide an excellent water supply for irrigation. These bodies of water are also thriving wildlife habitats that make this property advantageous for hunting and fishing as well.

The A-Cross Ranch is located in Hammon, OK, just 17 miles north of Elk City. You will have easy access to a paved highway, making it a convenient location for business as well as residence.

Other Land Features of the Ranch for Sale

This large ranch property is already conveniently equipped with functional circle irrigation systems along the Washita River. You’ll also enjoy access to diesel-powered irrigation wells that provide water for the alfalfa crop, allowing you to supply good-quality hay to your animal herds. Steel corrals are already set up on the pasture as well, making it even easier for you to get started with your livestock operation.

The sale of the ranch also includes water rights to all of the water resources on your land—giving you even more bang for your buck!

Along with highly valuable acreage and resources, this Elk City ranch comes equipped with several beautiful structures for living and farm production.

The gorgeous area of the property located on Kiowa Creek serves as the Ranch Headquarters. You can enter Headquarters through the paved front entrance, marked by an illustrious archway, or a more direct gated south entrance. Once you’ve entered the area, you will arrive at four remarkable homes, which include:

Ranch for Sale near Elk City, OK
  • 5,000 +/- square foot brick home with a swimming pool, constructed in 1988
  • 3,000 +/- square foot brick home, constructed in 1994
  • 2,409 +/- square foot home, constructed in 1992
  • 992 +/- square foot home, constructed in 2007

These homes have a classic ranch feel with plenty of open space, hardwood, and unique character. You’ll notice the idyllic ambience of warmth and comfort as soon as you walk through the doors.

Near the Ranch Headquarters, you’ll also find a comprehensive, ready-to-use cattle processing facility.

Large Ranch for Sale in Roger Mills County, OK

The facility includes a processing barn, steel pens, Quonset building, supply and equipment storage structure, and a shop and/or office building. Additionally, there is a 5,000 square foot insulated steel building that was constructed in 2004. Wired and built on concrete with a lean-to on the south side, this multi-functional structure can be used for a wide range of opportunities.

If you’re looking for a self-supporting and well-diversified property in a convenient location, contact Ira Smith at Smith & Co Auction & Realty for more information about the A-Cross Ranch in Roger Mills County. You can also check out our online listing to learn more about the ranch, view a photo gallery, access detailed maps, and see an aerial video of the property!

As an Oklahoma farm native with over 30 years of local real estate experience, no one is more qualified or passionate about helping you find the perfect property for your farm and ranch operation than Ira.

Call Ira Smith at 580-334-6001 today to inquire about the sale of this amazing Oklahoma ranch and the many opportunities that come with it!

The Advantages of Selling Your Property in the Spring

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Real Estate Agent in Woodward, OK

Spring is a special time of year. The birds start to come out, flowers begin to bloom, and we gain an extra hour to enjoy the increasing amounts of sunshine. In the real estate world though, spring brings more than just chirping birds and colorful flowers. The season of growth also brings a rush of buyers and sellers to the market!

In fact, spring is typically considered the busiest season in real estate, making it one of the best times to list your property. How can you benefit from a spring sale? Let’s take a look!

The demand to buy is high.

After a long and dreary winter cooped up inside, buyers are eager to get out and start house hunting by the time spring rolls around. The longer days and warm, fresh weather are the perfect combination to energize hopeful homeowners and sustain them through their search. Not to mention, many of them have tax refunds and holiday bonuses still burning a hole in their wallets, making them feel even more prepared to take the plunge.

Buyers want to close quickly.

One of the reasons the real estate market typically sees a wave of buyers in the spring is because a majority of people want to close before summer gets too far underway. Not many buyers want to spend their summer touring property after property in the grueling heat, especially in the south or Midwest. They’d rather spend summer days getting settled and relaxing in their new home. This is particularly true for families, who want to get their kids acclimated before the new school year begins.

You’ll probably sell for more money.

As we’ve established, spring buyers are primarily fueled by the vitality of the season, as well as the desire to be moved in by the end of summer. These two factors will motivate interested parties to make an offer on a property they like quickly, fostering greater competition. The race to make a spring sale is, therefore, very likely to lead to a bidding war that drives up offers and gives you a good chance of walking away with more money than you would any other time of year.

If you’re looking to get in on the real estate market action this spring, get in touch with Smith & Co Auction & Realty! With over 60 years of combined experience selling properties in Northwest Oklahoma and Kansas, nobody is more qualified to sell your home or help you find a new one than our team of licensed real estate professionals.

Call us today at 580-254-3975 to discuss your sale with an agent!

Why You Should Consider A Business Liquidation Auction Instead of a Sale

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Auction Company in Woodward, OK

Whether you’ve decided to close for good, need some extra cash to help you through a tough time, or simply have excess equipment and inventory you’d like to get off your hands, liquidating your business assets can be a constructive solution for many companies.

When you need to recover your company assets, your first thought will probably be to have a liquidation sale. While this is certainly one option, you may find that a liquidation auction is more advantageous for your situation. Let’s take a look at how a business liquidation auction may be more beneficial for your company than a liquidation sale!

Sell your items quickly.

It can take several months, or even years, to recover the value of your business assets through a liquidation sale. If you’re closing your business or your company is struggling and you’re trying to liquidate to help offset debts, you don’t have time to search for buyers and review offers. If you choose to auction your items, on the other hand, your auction company will know how to price and market your assets to guarantee a bid and have them sold in a day.

Competition will drive up prices.

Auction companies implement widespread and effective marketing measures to generate a big crowd on auction day. They’ll use their extensive network to target the right audience and attract the buyers who are most likely to be interested in your items. Therefore, when you liquidate by auction, it fosters greater competition for your assets that often leads to a higher sale price.

Online auctions give your assets even more opportunity to sell.

Online auctioning tools, such as mobile apps, virtual bidding, and livestream auctions, open up your liquidation to the entire country or even world. Unless you’re prepared to do the work of marketing, reviewing offers, and arranging delivery to online buyers yourself, a liquidation sale does not afford you that same opportunity. Opening your auction to online bidders is another way to create competition to drive up the price. Plus, when you liquidate through an auction company, they’ll handle the details of marketing, sale, and delivery.

At Smith & Co Auction & Realty, we use a high-quality marketing program and our extensive mail list to get the best turnout and final price for sellers at every auction. If you’re liquidating your business assets, we can help auction your machinery, inventory, commercial building, and other capital to sell at or above market value.

Give us a call at 580-254-3975 to learn more about our live, online, and mobile auction services!

3 Things You Can Do to Sell Your Home Faster

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Real Estate Auction Company in Woodward, OK

A new job in a different city; unforeseen financial hardship; a new custom-built house that’s almost move-in ready; there are a lot of reasons you might find yourself in need of a quick home sale. The bad news is, selling a home is an intricate process, which means it can often be lengthy. The good news is, there are a few tricks you can use to streamline that process.

These are a few of the steps you can take if you need your house sold yesterday!

1) Pull out all the staging stops.

If you want a quick sale, your home’s best assets need to be front and center as soon as it hits the market. That means cleaning, decluttering, depersonalizing, and fixing small repairs. Your best bet is to hire a professional to stage your home for maximum market appeal. If you can’t swing it though, start reading up on your DIY tips and get to work!

2) Make sure the price is right.

Did you know that many of the properties that are sitting on the market, unmoving, at any given time all have the same thing in common? They’re overpriced! Work with your agent to price your home competitively. Settle on a number that motivates buyers to jump quickly, fearing they’ll lose out on a good deal.

3) Accommodate as many showings as possible.

The more people that see your property, the greater the chance of a sale in the near future. If you’re trying to sell your home fast, keep your schedule flexible. Try to accommodate every interested buyer, even for last-minute showings if you have to. When you ask someone to request a new time or rearrange their own schedule, they’re more likely to simply pass and move onto the next property that’s just like yours.

For sellers in Woodward, Oklahoma looking to get a property off their hands sooner rather than later, Smith & Co. Auction & Realty is here to help. When you list your home in one of our real estate auctions, you’ll close your sale in a single afternoon and are guaranteed to walk away with the market value or, more likely, even more.

Contact our team today to discuss auctioning off your home with an experienced agent!

3 Reasons to Consider Selling Your Mineral Rights

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Land and Mineral Auctions in Woodward, OK

Owning mineral rights can be tricky. On the one hand, sitting on valuable natural resources, such as natural gas or oil, can be a huge potential for income. On the other, it’s not an asset that’s directly in your control unless you plan on drilling yourself.

You may be hesitant to let go of your mineral rights, holding onto the possibility of a big payoff in the future or over time. But more than likely, you stand to benefit more from selling than you do leasing or sitting on them.

Here are a few reasons you should consider selling your mineral rights:

1) Guaranteed profit

Holding out for someone to lease your mineral rights puts you at the mercy of both the company you lease to and the fluctuating market value of your resources. Because you don’t know exactly what and how much you’ll find under your land, when it will be found, or how much it will be worth when it is, its long-term value is not certain. If you sell your minerals outright though, you’re guaranteed to profit no matter what lies beneath.

2) Receive payment all at once

Selling your mineral rights leaves you with one large sum upfront, versus smaller royalties that would be dispersed over time. Having that much cash value on hand opens up a lot more opportunity than a few small payments a year. You’re also likely to receive more money for your minerals when you sell upfront, as their value—and your royalties—will be constantly in flux. Plus, you’ll eliminate the hassle of keeping track of your interests and royalty payments.

3) Ease your tax burden

Most states impose taxes on mineral rights as well as the royalties you earn from them. That tax is on top of the county and federal taxes you’ll also be required to pay each year. Additionally, since your royalty income is not predictable, your taxes owed at year’s end won’t be either. After all is said and done, depending on the market, these taxes might not even make mineral ownership worth it. You’re better of selling and making a one-time tax payment, rather than holding onto them and suffering the yearly expense.

When you decide the time is right to sell your mineral rights, get in touch with Smith & Co Auction & Realty. With our extensive mailing list and targeted marketing outreach, we’ll sell your mineral rights at auction for top dollar and have your profit guaranteed in a single afternoon.

Give us a call at 580-254-3975 so we can set you up for a lucrative auction!

Home Staging Tips to Get Your House Ready to Sell

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Real Estate Agency & Auction Company in Woodward, OK

If you want your home to sell quickly and for the highest value, your first step is to nail the presentation. That’s what the concept of home staging is all about—setting the stage to draw in prospective buyers and convince them your property is the one they’re looking for. This is especially important if you’ve decided to auction your home and have only a short window of time to persuade them to make a competitive offer.

Check out these fundamental home staging strategies and use them to put your house’s best foot forward on the market or auction block!

Cut the clutter.

Buyers and bidders looking at your home need to be able to see as much usable space as possible. Help them out by doing a purge of every room, dividing items into ones that can be trashed, donated or sold (maybe even at your auction!), and the ones you’re keeping. Any items in the keep pile that you don’t need immediately can be moved to offsite storage. After you’ve decluttered, hire a professional cleaner or start scrubbing yourself until every inch of your newly organized space sparkles.

Paint your walls neutral.

The goal is to make your property appeal to the widest range of buyers possible. You need to create a space where anyone can envision implementing their own style and making it feel like home. The best way to do that? Neutral colored walls that can serve as a backdrop for any vision. Plus, a fresh coat of paint will give your home a crisp, updated look.

Use furniture and décor to make your house feel like a home.

A prospective buyer should walk into your house, feel welcomed, and see the lifestyle potential of your space. If they walk in to find vacant, lifeless rooms, it’s going to be difficult for them to connect. The right furniture and décor will help them make that connection. Here are a few things to keep in mind as you arrange your furnishings:

  • Don’t overdo it—all you need is one main piece to define the room (couch, bed, dining table), two or three supporting pieces, and a few accents to add a little personality and warmth
  • Arrange furniture to highlight the best features of each room (a fireplace, bay window, archway, etc.)
  • Depersonalize—it shouldn’t feel like your home
  • Keep your style cohesive to help the space flow
  • Let in plenty of natural light and supplement with artificial where necessary

At Smith & Co. Auction & Realty, we work with our clients to ensure their properties are fully ready for the local market before an auction or sale. Our agents know what buyers in Woodward are looking for and will use that knowledge to help prepare the best version of your home possible.

Contact us today to learn more about how we can help secure you a lucrative home sale!

4 Steps to Prepare for Auctioning Your Farm Equipment

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Farm Equipment Auctions in Woodward, OK

When you’ve decided to invest in new farm equipment or liquidate your farm altogether, an auction is one of the most efficient ways to sell your old machinery. Farm auctions attract a wide pool of potential buyers to compete for your items, driving up the price and getting them off your hands in a single afternoon.

Although your auction company will take care of most of the preparation when you choose to auction off your farm equipment, there are still a few measures you should take ahead of time to ensure you walk away with the best value for your pieces!

1) Choose the right auction company.

If you want to get the most money for your equipment, you need to partner with the best company for the job. Do some research into auctioneers in your area, looking for those who have experience in farm auctions specifically. Choose someone with an extensive local network, good reputation, and the marketing plan and resources necessary to get you top dollar.

2) Complete quick fixes.

Minor issues with your farm equipment can drive the price down significantly at auction. Taking care of these simple repairs and touchups before you sell will likely pay for itself twice over! Replacing broken lightbulbs, new sparkplugs, a fresh paint job, and even just a good cleaning can make a world of difference in the final price.

3) Have your equipment appraised.

Once it’s in the condition in which you plan on selling it, have a professional evaluate what your equipment is worth. If you’re working with an auction company that specializes in farm equipment, they may be able to do this for you or set you up with a good appraiser. Having your equipment appraised is a good way to ensure you’re getting what it’s worth and will help you go into your auction with realistic expectations.

4) Photograph your items.

Having quality photos of your farm equipment for marketing materials will improve your advertising efforts significantly. Pictures of your equipment online, on flyers, in brochures, etc. will help generate interest for the auction, so more people attend and bid. The more competition you get, the higher the final price tag is likely to be. Make sure you’re photographing your pieces in good lighting, against a clean background, and at a variety of different angles for the best presentation possible.

Did you know that Smith & Co. Auctions & Realty holds over 100 auctions every year that attract thousands of potential buyers from our extensive mailing list?

Our experienced professionals specialize in selling real estate, farm land, and farm equipment throughout Woodward, OK, and surrounding areas. With our wide-reaching network, resources, and know-how, we guarantee we’ll be able to sell your farm equipment quickly and for the right price.

Contact our team today to learn more about how we can help you sell!

Why Land is Actually a Smart Investment

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Land Auctions in Woodward, OK

Buying vacant land is not usually the first strategy that comes to mind when you’re trying to break into the real estate investment game. Many people actually believe that buying land is pointless, since there’s no readily apparent way to turn it into a profit.

If you dig a little deeper into the realities and possibilities of land investment though, you’ll see that it can actually be one of the smartest real estate moves to make!

There are A LOT of ways to use vacant land.

One of the major differences between buying a house or building and buying vacant land is that you need to use a little more of your imagination to see the potential. Owning land offers plenty of opportunities for generating income or making use of it yourself! You could, for example:

  • Build a house to live in or rent
  • Build a commercial building to work in or rent
  • Rent the land to someone else to build property or develop
  • Develop or rent as farmland
  • Use or rent for hunting

Land is an easy long-term investment.

Pretty much every aspect of land ownership is easy. There’s low competition to buy land, so you can get it quickly and at a good price. Once you have land, you don’t actually have to do anything with it if you don’t want to. Vacant land also requires very little maintenance, as is, which makes it inexpensive to own long-term. Plus, there are a lot of options to use it for profit that involve very little attention or work on your part.

Land does not depreciate in value.

A common risk in real estate investment is putting money into something you can’t make profitable or that loses value over time. Vacant land cannot be moved, destroyed, or otherwise damaged in any way that will affect its value. The worst-case scenario is that you don’t make or lose any money at all—think of it as just an alternative place to hold some of your assets. Land is also a finite resource, meaning the more limited it becomes, the greater value your investment will have.

Smith & Co Auction & Realty makes it easy for aspiring land investors to make their first or next move with our live and virtual land auctions! With our advanced real estate tools and knowledge of the local market, we can help any buyer find their dream property going up for sale or auction.

Contact us today for more information about our upcoming land auctions!

‘Grease’ Costumes to Be Auctioned for Cancer Research

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This iconic musical debuted in 1978 and became the highest-grossing musical film at that time. Grease is well known for its 1950’s style costumes and choregraphed dance numbers. Now, 41 years from its premiere, Olivia Newton-John’s classic looks will be up for auction the public. A portion of the proceeds from the auction will go directly to cancer research.   

Olivia Newton-John partnered with Austin health to create the Olivia Newton-John Cancer Wellness & Research Centre (ONJ Centre). The ONJ Center is dedicated to treating and researching many different types of cancer. The ONJ Centre offers a wide variety of treatment services and therapy for patients.

Olivia Newton-John was first diagnosed with breast cancer in 1992. This sparked her advocacy for cancer awareness and research.

The collection will feature over 200 costumes, gowns, accessories, and other personal items from the actress.

Her most highly anticipated pieces are her iconic leather jacket and tight black pants which she wore for her role as Sandy in Grease.

There will be a pre-auction exhibition displaying her pieces at the Museum of Style Icons. The Museum of Style Icons at the Newbridge Silverware Visitor Centre is located in Newbridge, Co. Kildare in Ireland. The exhibition will be on display from July 22nd until August 18th. The auction will then take place in November of 2019 in the US. The official auction will then take place in Beverly Hills and online on November 2.

Stay up-to-date F on upcoming auctions by frequently checking our blog at Smith & Co Auction & Realty. Smith & Co Auction & Realty has been serving Northwest Oklahoma and its surrounding areas for over 30 years. Our experienced staff can assist buyers and sellers throughout the auction process. Stay updated on new sales by visiting our auction page

900-Year-Old Chess Piece to be Auctioned in London

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lewis chessman models

Purchased for just a few dollars five decades earlier, this medieval chess piece is set to go on auction for over $1 million dollars.

This item was discovered when a Scottish family took the game piece to Sotheby’s, a British American company specializing in decorative art, real estate, and jewelry auctions.

Sotheby determined that this was no ordinary chess piece, but a part of a set of 93 pieces carved from walrus ivory. The set was first found in 1832 on the Isle of Lewis in Scotland’s Outer Hebrides. Of the original 93 pieces, 11 are housed at the National Museum of Scotland and 82 are in the British Museum in London.

This piece is a 3.5-inch figure of a bearded man wielding a sword. It is said that this is the equivalent to a rook in chess.

These chess pieces are estimated to be over 900 years old and originating from the Viking era.

Before it’s recent discovery, the Lewis Chessman was housed with an antique dealing family in Scotland. The piece was purchased by the family in 1965 for 6 dollars. It remained in their family for generations, until it was recently taken to be evaluated by Alex Kader, head of the European Sculpture and Works of Art Department at Sotheby’s.  The family admired the Chessman as a piece of history, although they did not know the true past of this piece. The grandson of the antique dealer was shocked to learn the real value of this item

The Chessman is set to go on auction on July 2nd– it is projected that the piece will make up to $1.3 million dollars.

For more exciting news on upcoming auctions, be sure to check Smith & Co Auction & Realty. Smith & Co Auction & Realty has been serving Northwest Oklahoma and its surrounding areas for over 30 years. Our experienced staff can assist buyers and sellers throughout the auction process. Stay updated on new sales by visiting our auction page