Business Details
Online Auctions for Farm Equipment & Land Sales
Fragodt Auction & Real Estate has built a reputation as a trusted partner in the auction and real estate industries, combining decades of expertise with innovative marketing strategies. Our team brings over 50 years of combined experience in auctioneering, land brokerage, and real estate services across Minnesota and South Dakota. Specializing in online sales of farm equipment and land, we prioritize customer service while leveraging cutting-edge digital tools to maximize visibility and results. As a family-owned business, we maintain a commitment to ethical practices, transparency, and personalized consultations for every client. Our licensed professionals hold certifications through the National Auctioneers Association and maintain active memberships in state auctioneer associations.Whether clients are selling a single piece of equipment or an entire farming operation, our consignment program ensures tailored solutions and nationwide exposure. We emphasize integrity in every transaction, recognizing the significant financial impact of buying or selling property. Our mission focuses on delivering exceptional service through proven expertise and a deep understanding of market dynamics. With an Auction Marketing Management Designation, we guarantee a robust online presence to connect sellers with qualified buyers. For personalized guidance or auction consultations, our team remains accessible to discuss unique client needs.
Services
Online Auctions
Farm Equipment Sales
Land Auctions
Consignment Program
Real Estate Brokerage
Highlights and features
- We offer over 50 years of combined experience in auctioneering and real estate.
- Our online marketing program reaches qualified buyers nationwide.
- We provide personalized consultations for every auction or real estate need.
- Our team holds the Auction Marketing Management Designation through NAA.
- We maintain active memberships in state and national auctioneer associations.
Associations and certifications
- National Auctioneers Association
- Minnesota State Auctioneer Association
Services
Online Auctions
Our online auction platform provides nationwide exposure for farm equipment and land sales. Using advanced marketing techniques, we connect sellers with qualified buyers through timed bidding events. Each auction features detailed item descriptions and transparent buyer premiums capped at $1,000 per item.
Farm Equipment Sales
We specialize in selling agricultural machinery and related equipment through monthly consignment programs. Our services accommodate sellers with single items or entire farming operations, offering flexible viewing arrangements and competitive pricing strategies to maximize returns for clients.
Land Auctions
As licensed real estate agents in Minnesota and South Dakota, we facilitate land sales through auction formats that create competitive bidding environments. Our expertise covers rural properties, farming land, and commercial real estate transactions with transparent closing processes.
Consignment Program
Our monthly consignment program accepts diverse assets including farm equipment, tools, and recreational vehicles. Sellers benefit from nationwide marketing reach, flexible scheduling for property viewings, and professional auction management services that ensure smooth transaction processes.
Real Estate Brokerage
Licensed in Minnesota and South Dakota, our brokerage services cover land transactions and property sales through auction mechanisms. We combine real estate expertise with auction strategies to deliver competitive pricing outcomes for clients selling residential, commercial, or agricultural properties.
People
Jacob Fragodt
Auction Marketing Specialist
With an Auction Marketing Management Designation from the National Auctioneers Association, Jacob leads our digital marketing efforts. He develops nationwide buyer outreach campaigns and manages online auction platforms to maximize client returns.
Questions
How do your online auctions work?
Our timed auctions close items every 30 seconds starting at specified times. Bidders register online, view property details, and participate remotely. Extended bidding ensures fair competition for all participants.
What types of items do you auction?
We specialize in farm equipment, land sales, and related assets including gravity boxes, hay racks, livestock equipment, tools, and recreation vehicles through monthly consignment programs.
What fees apply to buyers?
A 10% buyer's premium applies to all purchases, capped at $1,000 per item. This fee covers auction services and marketing costs associated with the sale.
How can I sell items through your auction?
Contact us for a no-obligation consultation about consignment options. We accept single items or complete operations, with ad deadlines typically 4-6 weeks before auction dates.
Are property viewings available?
Yes, all items remain at owner properties. Contact the owner directly to schedule viewing times before participating in the auction process.
