Welcome to Rivers West Auction, LLC
Owner, Jason Clinkenbeard, having spent nearly 40 years in the Arlee/Jocko Valley area, was born and raised in the business world. He is a partner in Northwest Display Fireworks (1990-present), The Busted Ass Ranch (1992-present), and is owner of World Class Outfitting Adventures Inc. (1991-present). After downsizing WCOA Inc. in January of 2009, he attended and graduated from the Western College of Auctioneering in March of 2009, And in December 2010 Jason Successfully completed accredited auctioneer real state courses 100, 200, and 300 levels offered by the National Auctioneers Association, to help better serve your auction method real estate sales needs. All of this made possible with the support of his wife of nearly 20 years, Carolyn and their three children Carter, Kara and Piper.
Raised with the philosophy, ‘You can’t have a party if you don’t tell anyone’ has led to a progressive approach to marketing in all of the fore mentioned businesses. With good planning and expert marketing, targeting the right buyers, Rivers West will perpetuate commerce to the limit. Auction sales that have the best qualified pool of potential bidder turnout will inevitably produce the highest possible fair-market value for your assets.
However, it doesn’t end with good marketing. You must add a network of talented, experienced, hardworking individuals, diligence, organization throughout, high quality equipment, and a passion for successful events.
Thank you for considering Rivers West Auction to do your next sale. We believe you will be very satisfied with our services from start to finish.
- Call us to schedule an appointment for a free estimate and strategic planning meeting, on site
- Allow a minimum of 4-6 weeks to properly photograph, advertise, set up, and execute the auction
- Rivers West will take care of the rest
The services and resources of Rivers West Auction include big-top event tents, portable bleachers, top-of-the-line sound equipment, enclosed trailers, flatbed trailers, auction topper, 743 Bobcat skid-steer and much more. We have the tools to get the job done.
Real Estate Auctions
When considering selling your real estate, please do not overlook the auction method of selling. Rivers West, in cooperation with Mike Workman owner and broker of Century 21 Eureka Land Office, is prepared to meet every detail of a successful land sale. Please give us a call to discuss the advantages of selling the auction way.
Please read on for more information related to selling at auction!
Why sell at auction?
Auctions are the quickest and most efficient method of selling goods at market value. Auctions help reduce holding costs and determine the market price of an asset when the value is unknown or when comparable pricing is unknown. The timeless simplicity of bringing buyers and sellers together in a live event goes back 1000s of years. The auction method of marketing allows buyers to attract sellers that are highly interested and highly qualified and allows them to compete for property.
Auctions are fast becoming the first choice for all sellers, not just those who need to sell quickly. Here are just a few advantages offered by Rivers West Auction, LLC.
- Effective in weak as well as strong markets
- Equipped to auction at our place or yours
- Accelerated and expert marketing
- Maximizes potential values
- One-day event
- Significantly reduces personal expenses
- All items sold "as is"
- Less personal stress and hours spent, by you
- Professional bookkeeping and itemized receipts
- Convert all items into cash, not just your best items
- No hidden expenses
Why go to auction with my real property?
For most Americans, real estate is the single biggest investment of their lives. When it comes time to sell, auctioning is one of the fastest and most efficient ways to sell real estate. Selling your property, home, or investment property at auction takes the waiting out of selling! In today's challenging real estate market, buyers and sellers are increasingly finding auction marketing to be a viable alternative to traditional retail real estate transactions.
FAQ’s published by the National Auctioneer’s Association
Q… What is the Auction Method of Marketing?
Proper asset management is the key to any individual or business. There will come a time when hard assets have to be converted to the liquid form of cash. The Auction Method of Marketing is perhaps the oldest and fastest method of converting hard assets into cash. It has been adopted and used by all federal, state and local courts and governments as the acceptable methodology of hard asset conversion.
Q… I don’t know much about auctions. Are they new and do they work?
Auctions are not new. The first written record dates back to Herodotus, the Greek Historian, who first mentioned them in 400 BC. They are not only time-proven, but are continuing to grow at a rapid rate. Yes, all world records for price are set at public auction. Please read on and find out more.
Q… When people select the auction route, what do they expect?
They expect to see a rapid way to convert their assets into cash for the highest fair-market value in an organized, systematic fashion. They further anticipate a custom-designed marketing and advertising program tailored to their unique situational needs. A marketing format that will result in the largest exposure of their assets to ready, willing, and able buyers in an open and competitive marketplace, with a minimal amount of frustration or personal time commitment.
Q… How does an auction work?
A properly managed auction consists of mutual goal agreement; a written detailed marketing plan based on specifically meeting each of those goals. The plan will include such aspects as: 1. A detailed advertising program based on time lines of agreed upon goals; 2. Proper preparation and management of the assets to not only secure them, but also ensure that the appropriate purchasers are informed and have inspection access to them in the proper fashion to induce highest prices; 3. Proper conduct of the auction process, from start to finish by a professional auction firm; 4. A seamless transfer of all details into a turn-key operation requiring no more hassle on the part of either the seller or buyer; 5. Properly bonded final accounting procedures and timely payment to seller in accordance with the auction plan.
Q… Why should I select the Auction Method of Marketing, over other options?
Auction is not only time-proven but it is also time-certain. You select and know when you will receive your funds. Auction creates a strong sense of urgency – why wait months for buyers to make up their minds? The seller sets the deadlines and forces the market to respond. Auction sets the seller apart from other competitive sellers. The auction seller sets the terms – no haggling or negotiating – thus reduces frustration. Auction creates increased competition between and among buyers- why place yourself at the mercy of a single buyer who not only determines price but may also demand unusual or stringent demands prior to actually closing the transaction?
Q… Why should I change my current situation?
It is a very well accepted axiom that ‘Time is Money’ but coupled with what Edward Young said, ‘Procrastination is the thief of time’ one can predict the outcome; loss of money. Often it is difficult to change directions and course however, one thing is certain, the asset not sold carries with it costs to the seller. If the asset is idle not only does it occupy space, time, and thoughts but it also has carrying costs. This prevents the seller from future plans, not to mention the real cost of money which means that the owner is not free to invest in other areas.
Some other thoughts regarding change. Even if you are on the right track and not moving ahead, eventually a train will get you. It is sheer lunacy to continue doing things the same, tired old way and expect different results, and Mark Twain said, “Why not go out on a limb. Isn’t that where the fruit is?” If your goal is to convert the asset to cash, then The Auction Method of Marketing is the best way to accomplish that objective.
Q… With The Auction Method of Marketing, should I fear, that I will lose control of the situation?
Actually, auctions do exactly the opposite. For the first time YOU, THE SELLER, is in control! The seller sets and controls the TIME, TERMS AND CONDITIONS.
TIME - You the seller, set the exact time of the sale! The buyer is forced to meet your schedule. Why go through the long, drawn out process of a standard sale where the buyer determines when they will buy?
TERMS & CONDITIONS - The seller sets all terms and conditions of the sale. All items are sold AS IS, WHERE IS, IN ITS PRESENT CONDITION WITH ALL FAULTS AND BENEFITS All sales are final! No returns! This also reduces any lingering liability and potential litigation. You also set the way monies are to be paid and received. We carry our own multi-million dollar liability insurance which further lessens the effect of any potential litigation.
Q… Can I set a minimum price on my assets?
Although this type of auction, a reserve auction, is possible, it is not recommended for the following reasons:
1. The amount of people that will bid on the asset is greatly reduced because the buyer does not perceive this approach as a true auction. In the perspective of many buyers, it is merely a “normal” transaction attempting to achieve unrealistic goals under the guise of an auction – the buyers will not attend this type of sale.
2. Who sets the value? It is either set by the seller who is not an expert in value, or by unfortunate business situations that demand an unrealistic result. As good as the Auction Method of Marketing may be, it is not a magic wand that will rescue the seller at the last moment before a disaster.
3. What happens if the asset does not sell? Both the seller and potential buyers are frustrated (not to mention the auction firm) there are attendant advertising dollars to be paid, lost time, anticipation, etc. What do we then do with the unsold stale asset?
Many sellers have already been doing a reserve auction and do not like the results. Actually, this type of approach should properly be termed a “reverse auction” not necessarily a reserve auction.
Q… What guarantees come with an auction?
With an experienced auction firm; the auction will be properly marketed and advertised which will result in highest fair-market value. The asset will be sold to the largest audience of ready, willing, and able buyers. The seller will receive their cash in an expedient manner as agreed upon in the written plan and auction agreement.
Q… Why can’t I do my own auction?
You certainly could. However, the advice of Abraham Lincoln fits this situation, “The lawyer who represents himself has a fool for a client.” Your fees to the auction firm not only include their experience but also their knowledge and expertise in securing top results!
Q… Do auctions work for all type of assets and situation?
No, frankly, they do not. One example that comes to mind is the situation where a couple has purchased a new home three years ago, with no money down, and do not have any equity. They must obtain the new price amount on a used asset that is three-years old.
Equally important though, is that auctions will work on the liquidation of most hard assets into cash. Rather than attempting to outline specific situations, contact your auction firm and talk to them to mutually determine if this marketing method works for your situation.
Q… How much of my personal involvement will be required in this auction process?
Generally, minimal. If you wish to have a more hands-on involvement with the project, just let the auction firm know what your wishes and extent of involvement are. They will formulate the plan accordingly.
Q… When will I finally get the cash (for the) conversion of my assets?
At final settlement, or in the case of real estate, at final closing.
Q… Will there be any problems in receiving funds? What about bad checks?
Part of our service to the seller is to keep this type of problem to a minimum. It is normal for you to become concerned about and this, which is why you want to employ the professional, experienced auction firm as your representative.
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