Why Won't My Property Sell?


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What A Weekend

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When someone says they had a big weekend, it usually means they went all out at a party, a ball game, or a concert.  Barb and I are pretty ordinary. We work, spend time with our kids and grandkids, and occasionally fly a plane or ride a horse, nothing too flashy. However, this past weekend took a different turn. Barb connected with a fellow healthcare professional online. In their conversation, this woman mentioned she was feeling overwhelmed. When Barb asked why, she replied, “Don’t you know? I live in Asheville, NC, and we just got hit hard by a hurricane.” Barb, being Barb, asked how she could help. She said, “Come down here and help me!” Before I knew it, I was flying Barb and me to Asheville Saturday morning. Meeting these folks for the first time felt a bit like online dating, but it went smoothly. On Saturday evening, we helped organize medical supplies, packing containers and backpacks for healthcare workers who would deliver care in the mountain areas. Sunday morning was s...
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The Family Meeting

  THE FAMILY MEETING   A family meeting? What is it and why would we need such a thing? Well, I am here to tell you that one day there will be a meeting with members of your family and you will not be there. The question is who do you want control of it. Will you or someone else be making the decisions?  Full disclosure, I did not come up with this idea. I read a blog with a similar theme written by a good friend of mine and was inspired. When I approached my wife with the idea of a “family meeting” she was reluctant at first, but as we talked through some of the topics I had in mind, she agreed that it was probably a good idea. When we tossed the subject out to our children and their spouses, they were intrigued and on board.  Let me explain the nature of this kind of “meeting” and why I believe it is so important.  A substantial amount of my commercial real estate business, mostly farmland, comes from families that have experienced the loss of a parent. ...
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The Farmland Market & What it Means for YOU

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  The Farmland Market & What it Means for YOU When it comes to the Commercial Real Estate market, what kinds of properties come to mind? I bet I can guess: Retail, Office, and Industrial – The Big Three. However, there’s another sector of CRE that you might not think of immediately – Farmland. If there was ever a market that flew under the radar, it would be this one. While there might be little attention paid to current farmland/agricultural listing inventory, there’s even less paid to who’s buying it.    So, what is the current activity in the farmland market? Recently there has been much doom and gloom surrounding the agricultural sector, especially in the last five years. However, values have remained steady and seem to be trying to push upward again, despite all the negativity. What does all of this mean? How are values trending upward with so little visible activity?   What has been happening behind the scenes? Many agricultural operators have quie...
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