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Southland tractor farm couple 'better off' despite failing to sell

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Tue, 02 Jun 2009 12:00a.m.

A Southland couple say they have never been better off since failing to sell their farm in an internet auction stunt.

Allan and Shelley Holland gained worldwide attention when they put a $1 reserve on their tractor, with an eight hectare farm in the Catlins tossed in for free, on the auction website TradeMe.

The winning bid of $250,000 by Lower Hutt man Lance Karanga turned sour when he pulled out after reporting he was unable to obtain the necessary financing.

The couple have said they would not take legal action against Mr Karanga and have instead kept their farm listed in the real estate section of TradeMe, the Southland Times reported.

Mr Holland said the tractor stunt was a one-off and would not be repeated.

However, he said the aftermath of the auction had been staggering.

"Since last Monday we've had 5000 emails, because TradeMe sent a letter by email to all of the watchers."

The couple had also been offered an impressive array of gifts from complete strangers.

"We could probably live for free for the rest of our lives with the amount of accommodation that's been offered to us," Mr Holland said.

They were also offered a free property listing on a real estate website and airfares to Australia.

Regardless of the disappointment of the failed sale, it was not all bad, Mr Holland said. "We are still way better off than when we started."

NZPA

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