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Buyer and Seller Guide For Rural Acreage

April 12, 2012 | Comments: 0 | Views: 101

Agricultural and recreational rural acreage or ranch land are among the largest investments you can ever make. From our perspective, it's extremely important for rural acreage buyers to employ qualified, comprehensive representation for the land acquisition process as it can be very involved. In our state, a real estate professional must strictly adhere to TREC's "Canons of Professional Ethics and Conduct". Proper representation of a buyer requires that the agent consistently be a "straight-shooter". Unfortunately, this appears to be an increasingly failing quality not only in the real estate business, but in today's business environment as a whole. A reputable real estate professional must display integrity, loyalty, honesty and diligence. Further, when selecting a real estate professional to represent you in a rural land transaction, it makes sense to hire a local agent who is knowledgeable in:

  • The different types and uses of rural acreage for sale in the area
  • The various aspects of the country lifestyle
  • Local area economy and business

We also believe it's smart to select a real estate professional who is a local rancher or farmer active in the community and has access to an extensive supply of ranch property for sale through a network of brokerage firms.

If you're looking to invest in ranch land for livestock or horses, hunting land or rural recreational acreage, a reputable real estate professional will offer outstanding representation from beginning to end and can direct you to finance companies who deal in agricultural land and agri-business for your financial needs.

Consider securing the professional services of a local real estate firm specializing in farm, ranch, hunting & recreational acreage.

Seller Guide For Rural Acreage

With regard to selling ranch land, hunting land, high fenced game ranches and rural acreage in general, the clients' (landowners') best interests must come first; this is the number one fiduciary responsibility of the real estate professional. When valuing rural acreage, the real estate professional prepares a competitive market analysis or produces a list of comparables in order to compile a professional estimate of value. If a seller allows sentiment to outweigh reality and over-values the property, more than likely it's not going to sell. If a seller allows desperation to outweigh reality, the property may end up selling too cheaply. Either way, a seller will be dissatisfied with the representation he or she received in the end. Producing a realistic estimate of value for rural acreage is only one aspect of keeping the clients' best interests at heart.

One obvious key point to successfully selling farm, ranch land and other types of rural acreage is to produce as much exposure to as many potential buyers as possible. When sellers align themselves with a real estate professional who is proficient in the use of computers and the internet, and who knows how to make rural acreage more visible and accessible to potential buyers, their chances to sell increase dramatically. Printed advertisement is becoming increasingly outdated as the internet age has changed the face of advertising. That's not to say that paper forms of advertisement are useless by any means, but they just don't have the far-reaching capabilities that the internet provides.

Put on the brakes and picture what life in the country is like. As someone well-versed in country living, I can help you envision a lifestyle you may never have imagined. A few major benefits of country life are personal and family enrichment, long-term investment opportunities, agri-business and recreation. Residing in the country and helping others find a place in the country in which to live out their dreams has enriched my family.

Source: EzineArticles
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