Updates and News

On this page, we'll keep you updated with what is going on in the Real Estate and Auction Industry. We'll also post any updates to auctions or real estate listings. If you're a subscriber to our e-mail mailing list (form to your right), you'll automatically receive these updates within 24 hours of the update being posted. Thank you for your interest!

Consign your coins!

This update was posted on Monday, April 14th, 2008 at 11:19 am.

We are looking for quality coins for our Mega May Coin Auction! We currently have over $30,000 consigned from several estates and are accepting collections or individual items. Contact us now for a confidential evaluation!

Why consign with Schultz Auctioneers?
We bring the nation to your auction!

All our coin auctions feature live online bidding
Our most recent coin auction in February had 186 registered online bidders from 41 states and 2 countries.
Nearly 40% of the coins sell online to out-state buyers!
All coins are cataloged, described, and sold in pre-determined sale order - no guessing how the coins will be sold, or in what order.
Coins valued at $250 or more are graded to assure buyers of quality and grade!

Add your valuable pieces to these Schultz Auctioneers highlights!

1894 Morgan Dollar - $1,100
1908 St Gaudens $20 Gold - $990
1909-S VDB Lincoln Cent - $880
1877 Indian Cent - $850
1899-CC Morgan Dollar - $825
1937-D Three Legged Buffalo Five Cent - $825
1923-S Standing Liberty Quarter - $825
1907 St. Gaudens $20 Gold - $22,275
1795 Half Dime - $30,800
1879 Half Dollar - $28,000

To assure inclusion in our nationwide advertising, please contact our office with your consignments by APRIL 25, 2008!!

Price reduced on 4-bedroom home on large lot in Swanville

This update was posted on Monday, April 14th, 2008 at 10:14 am.

Today, the price on the 4-bedroom home on large lot in Swanville has been reduced from $79,000 to $74,000. Additional property information can be viewed on our website, or by contacting Jim Waltman: e-mail: waltman@fallsnet.com or phone: (320) 547-2440. This is an excellent opportunity, you’ll not want to miss!

European Bidders Interested In Minnesota Auction

This update was posted on Tuesday, April 1st, 2008 at 2:45 pm.

SAUK CENTRE, MN—Despite less than a week’s notice, 401 bidders from North America and Europe convened upon an auction at the Gerard’s Banquet Center to bid on 479 items from our country’s past. 48% of the bidders from 40 states and 4 countries participated remotely through online registration and/or simulcast bidding.

“We’ve gone to more and more web advertising,” divulged John Schultz, vice president for operations of Schultz Auctioneers. “It’s less expensive, more flexible, and in many cases more targeted.” For this auction, which the company calls its annual “Spring Rendezvous,” advertising was placed on 14 web sites, all pointing back to SchultzAuctioneers.com.

“We really only advertised this sale for about a week—maybe week and a half—in print and direct mail,“ confessed Mike Schultz, president of the auction firm, “But the web sites allow us to get an early jump.” The company ran only small ads in newsprint and trade publications, pointing to Schultz’s web site. The money saved was redirected to a two-stage mailing of first a postcard to past top bidders and then a 6-page metallic-gold brochure to known collectors.

“This year, we added an auction-eve reception with some of our sellers and MVP bidders. Everybody was swapping stories,” relayed Mike. “It built a real excitement for auction day, and we had guns sell for more than $16,000, artwork for almost $3,000, and vintage clothing for over $2,600.” It total, the sale grossed $225,000. Mike relayed, “We were a bit nervous about moving the venue an hour further away from a major airport this year, but this deal has grown so much in the past 15 years . . . we’ve already booked this site for next year’s Spring Rendezvous.”

“The interest from France, Canada, and the United Kingdom in American West artifacts surprised us, but we’re looking forward to further exploring that European interest,” commented John, who also excitedly relayed that not just sellers were happy with the process. One bidder phoned, “I’m just calling to say what an excellent job you guys did! Had a great time—only regret not buying more.”

“That’s the auction method in a nutshell,” said Mike. “When sellers and buyers are both happy with what they got.”

Mike and John Schultz can be reached at 800-457-2967 or through email addresses available on www.schultzauctioneers.com. Schultz Auctioneers conducts auctions of almost every type but specializes in vintage American West collectibles and premium real estate. Biplane Productions, based in Lynchburg, VA, specializes in auction advertising campaigns.

2008 Spring Rendezvous Highlights

$16,401 - Winchester 1873 44-40, Nickel, Deluxe, Octagon Bbl, Checked, SN225517B

$11,480 - Winchester 1876 45-60, Case Hardened, Rifle, Rnd Bbl, Rocky Mtn Sight, SN 50124

$2,929 - Coming thru the Rye, Frederic Remington, Bronze, Regular Size

$2,694 - 1880s Dakota Sioux Beaded and Fringed War Shirt

$2,343 - Prison Made Montana Bridle and Bit, Dog and Horse Rosettes, Spade Bit

$2,226 - Philada 10-gauge, Butt Marked Wells Fargo Express Guard, Dbl Bbl, Marked John JWufflein, Open Hammers, Checked, Etched, Early Black Powder, Dbl Triggers, Heavy Coin Silver

$8,786 - Colt 32 WCF, Engraved, Engraved Pearl Grips, SN 246854

2008 Spring Rendezvous Auction Results Posted

This update was posted on Monday, March 31st, 2008 at 1:33 pm.

The results from our 2008 Spring Rendezvous are now posted online. View Results. If you have any questions, please feel free to contact our office. Also, if you have items you would like to consign to our future Spring Rendezvous auctions, please contact us now to learn about our extensive national and international marketing programs.

Family-owned business grabs top state honors

This update was posted on Tuesday, February 5th, 2008 at 10:46 am.

HPIM2470-reflect MINNEAPOLIS, MN—Schultz Auctioneers achieved something no Minnesota auction company had previously accomplished. After winning an impressive five state advertising awards, it garnered a unanimous 2008 Best of Show from the Minnesota State Auctioneers Association (MSAA).

“The MSAA takes its marketing contest more seriously than other state auctioneer associations,” says Ryan George, president of Biplane Productions, a company that has designed advertising for auctions in 37 states. “For instance, this year, they hired all-star marketing judges out of the ranks of Fortune 500 advertising management and university marketing tenure; they also presented second place awards, encouraging a deeper competition field. These are not typical efforts—even for the international industry contests, which garner entries from as far away as South Africa.”

Coin Auction catalog, photos and sale order posted

This update was posted on Monday, January 21st, 2008 at 3:01 pm.

We have now completed the cataloging, photography and sale order for our Large, Two-Day Coin Auction being held on February 1st and 2nd, 2008. You are now able to view the entire catalog in sale order for each day, and also view a description of each lot together with two photos of each lot. The online bidding is now open, and you’re able to register and place bids on any of the lots at your convenience.

To view the catalog, photos and sale order: visit the Large, Two-day Coin Auction page on our website. Thank you!

If you have any questions, please feel free to contact us. Thank you for your interest in our real estate listings and auctions!

Top nine most cost effective improvements

This update was posted on Monday, December 17th, 2007 at 6:21 pm.

At some point, a homeowner will look to improve their property. Each year the National Association of Realtors conducts a survey which looks at the cost of 29 home improvement projects and how much of the cost is recouped in the resale of the property. This is useful information for those individuals who are looking to improve their home and add value, and also those individuals who are purchasing property with the intent of fixing them up and reselling the property.

Below, I’ve listed the top nine cost effective improvements. The numbers are an average for the Upper-Midwest states of Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota. A quick look at the numbers confirms what the National Association of Realtors is saying, “of projects that saw national recovery rates of more than 80% in 2007, only one…was a strictly interior job.” A similar trend developed for the Upper-Midwest states with only one of the top nine projects being an interior project. Perhaps, the old adage about curb appeal being so important isn’t so far off target!

If you’d like to learn about the other projects or talk to one of our staff about preparing your property for sale, please feel free to contact us. We look forward to working with you. For the top nine, click on read more or scroll down!

6-steps to determining the value of real estate

This update was posted on Monday, November 19th, 2007 at 3:47 pm.

What’s the property really worth? In changing markets it is often difficult to determine the true market value of a property. However, no matter the market, there are six steps that will greatly simplify the process of determining the value of real estate. The six steps are: determine the county’s estimated market value; determine the value of comparable sold properties; determine the competition; know the history of the real estate value – but don’t count on it; talk to a local REALTOR; and set the correct price from the beginning. Below is an in-depth look at each of the six steps.
Read more

Should I Rent or Buy?

This update was posted on Monday, November 5th, 2007 at 4:11 pm.

The New York Times has an interesting calculator on their website that compares the annual costs and savings of renting versus buying. The calculator entitled Is It Better to Buy or Rent? allows you to enter many variables into the equation including inflation, rent increases, value of home, taxes, down payments, and much much more! While the calculator factors many things into the equation, it shouldn’t be the definitive answer to whether you should purchase a home or rent - it is merely one tool of many in the toolbox to be used when making your decision. The financial impact of purchasing a property is just one of the many factors to consider when thinking of purchasing.

If you are thinking of renting or buying a property, be sure to visit our featured listings and take a look at our rental properties. If you don’t see what you’re looking for, please feel free to contact our office. We’d love to help you find your next home!! We are members of the St. Cloud, Brainerd and Twin Cities multiple listing services. As a result, we’re able to search all listed properties in those areas!

Pending and Sold Real Estate

This update was posted on Wednesday, October 31st, 2007 at 9:36 pm.

Today we updated the website to include two new pages. We now have a page dedicated to pending real estate and sold real estate. As purchase agreements are accepted and properties become pending, we will move the properties out of the active listings and into pending real estate. After the real estate has closed, we will move the properties out of pending real estate and into sold real estate. You will not receive a notice each time this happens. However, you can periodically check on our pending or sold real estate by visiting the featured listings page from the home page of our website.

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