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United Country Leads The Land Report's 2011 Top Auction Houses Report

Press Room
United Country Leads The Land Report’s
2011 Top Auction Houses Report
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April 6, 2011 – (KANSAS CITY, Mo.) – The Land Report has named United Country Auction Services the largest nationwide auction company in their special report, “America's Top 30 Auction Houses.” The article, which appears in the Spring 2011 issue, highlights the nation’s leading auction companies based on land auction sales. United Country’s international network of franchise offices conducted more than 1,600 auctions in 2010, selling more than 66,000 acres of land at auction.

“We are witnessing substantial momentum in agricultural land prices throughout the Central and Midwest states,” said Shawn Terrel, vice president of United Country Auction Services. “Contributing factors are a combination of limited offerings on the market and rising farm incomes resulting from crop values including $5 per bushel for corn and $13 per bushel for soybeans.”

According to Iowa State University, an average acre of Iowa farmland increased 16 percent over 2009 sales results. At the end of 2010, Illinois and Iowa land auctions were ranging between $7,000 to $9,000 per acre.

“We expect to see agricultural land prices continue to strengthen throughout 2011 with the possibility of stabilization in the fourth quarter of this year,” said Terrel.

In addition to United Country’s national recognition by The Land Report, four of the company’s franchise offices were also included in the Top 30 ranking. Those results include:

No. 13 – United Country – Lippard Auctioneers, Enid, Oklahoma
No. 23 – United Country – Theurer Auction/Realty, Wellington, Kansas
No. 24 – United Country – Alliance Auction & Realty, Amarillo, Texas
No. 25 – United Country – Hendren & Associates, Inc., Jay, Oklahoma

“United Country stands out from other auction and real estate companies for a number of reasons,” said Mike Jones, president of United Country Auction Services. “One of the main differentiators is our blended network of conventional and auction real estate professionals – more than 4,500 in 45 states, Costa Rica, Panama and Mexico. As a result of United Country’s 86-year heritage and distinct expertise in the land brokerage business, we have perfected our unique value proposition for marketing land and lifestyle properties, providing each of our franchises a clear competitive advantage.”

About United Country

United Country Auction Services is a division of United Country Real Estate, the largest fully integrated network of conventional and auction real estate professionals in the United States. Based in Kansas City, Mo., the company has been an innovator in real estate marketing since 1925. United Country supports nearly 600 offices across the U.S., Costa Rica, Panama and Mexico, with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing web sites (more than 1,400 separate sites), seven proprietary real estate catalogs with a cumulative distribution of 1.5 million readers, an extensive, current buyer database and national advertising of properties that reaches more than 90 million homes per week. United Country has recently been recognized by AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate companies.

2820 NW Barry Road, Kansas City, MO 64154
816-420-6200  www.unitedcountry.com

Members of the media needing information on United Country or our marketplace, contact
Angela Smith, Public Relations & Social Media Manager
Phone: 816.620.6241 or Email: asmith@unitedcountry.com
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