Let's Talk Farmland


Today, we’re diving into a sector of commercial real estate that might often go unnoticed or overlooked, farmland. Brokering the sale of farmland happens to be one of my specialties. I have had the opportunity to help many clients in the North Central Indiana region. On its face, the sale or lease of this property type might seem simple, but often, many layers of difficulty and moving parts make up a farmland transaction.

Unfortunately, most farmland changes hands when there are significant life changes in a person's life, namely death or divorce. Farmland is one of the most tightly held commercial real estate assets, making these transactions sometimes emotionally difficult, complicated, and legally complex.

One common scenario would be inheritance. Family dynamics can add any number of complications to a real estate transaction, but let’s say four children inherit the family farm.  There is now the potential for strong, conflicting emotions among the children, and any challenges could arise. Should the family sell the property? Lease the land? What if two siblings want to maintain ownership? What if one sibling wants to buy the rest out? Even among family members, navigating difficult situations can be a huge factor in a farmland transaction.

No matter what the situation surrounding a farmland parcel/portfolio might be, determining the land’s value is the first step if the owner(s) is looking to sell or lease their property. After years of experience and successfully selling and leasing farmland, I’ve become well versed in determining an unvarnished but professional opinion of value AND proper lease rate to ultimately reach success for the owner(s).

If you (or someone you know) is unsure of how to handle an unforeseen circumstance or complicated situation, don’t hesitate to give me a call. You would have an aggressive, knowledgeable real estate professional in your corner & fighting for your best interest each step of the way.  

I can be reached six days a week by call or text to 765-427-5052. Let’s talk casually, get to know each other, and discuss your goals & objectives. I promise to only provide an honest, professional opinion about how we could reach those goals & objectives together, I will not hound your with incessant phone calling or emailing, I’m only here to help YOU!

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