The Halderman Auction Method, Then and Now
Welcome to the Halderman podcast. I'm Howard Halderman, President and CEO of the Halderman Companies. Since 1930, we've helped families and investors buy and sell farmland, and the auction method has been at the center of that work for generations. Today we're talking about how a Halderman auction actually comes together, from the first conversation with a seller to the drop of the gavel. Joining me are Pat Karst, our Vice President of Real Estate, and Rusty Harmeyer, auctioneer for the Halderman Companies. We're also going to introduce something new. Our team in Wabash recently rolled out an AI-powered auction platform built by Margin AI, and we put it to work in a live auction. It updates the board within seconds of every bid, so bidders can see exactly how their offer stacks up against the leading combinations and what it's going to take to win. It also takes the manual rebuild of bid combinations off our auction team's plate. On that first live sale, it cut total auction time by about a third. Our goals haven't changed since my grandfather's day: strong results for sellers, a good experience for bidders, and an efficient auction. Technology just helps us do all three a little better. Let's get into it.






