Hicks Properties LLC

Auction Procedure

1. All written bid forms are due by August 1 st 2023 5:00PM physically given to Todd Schuetzle or Graham Schuetzle, received by mailed (1010 West Second Street Pierre, SD), emailed [email protected] or [email protected]

2. Written Bids must be at or above the reserve price to be part of the escalation period.

3. Escalation Period- bidders can raise their bids from August 2 nd until August 4 th 5:00pm. Bid forms can be by submitted by phone/text(605-280-3115, 605-220-4014) or email ([email protected] or , [email protected]).

4. Top bidders will be updated on tract(s) price/lead changes during the escalation period.

5. Top bidders may have to raise their own bids on individual tract(s) or whole tract

6. All bids will be bid per acre with an additional 4% buyers premium will be added at the conclusion of the auction

7. Our goal is to realize the highest return to the seller and to allow bidders who are interested in one tract the same opportunity as multi-tract bidders

8. Auction shall be subject to confirmation by the Seller. The Seller absolutely reserves the right to reject any and/or all bids received on tract/tracts without cause or reason for such rejection.

9. Please download or request physical Property Information Packet from
DakotaLandCo.com for complete tract information, and terms and conditions.