A lot of times farms stay in families for generations. They are truly one of the earliest American family businesses. There are times however when heirs decide they have no interest in continuing the tradition, and property has to be put up for sale. Farm sales Missouri buyers are on the lookout for depend on their agricultural interests.
Some sellers are afraid no one will want raw land without improvements. There are plenty of potential purchasers for this type of property however. Some investors don't want to go to the trouble of demolishing structures they don't need and are in the way of their own construction ideas. Most have already consulted the zoning commission to get approval for improvements.
Fruits and vegetables are big business, and commercial growers are always interested in good land where crops can be grown and harvested several times during planting season. They need level ground, good soil, and water sources if they are going to be persuaded to make an offer on the property you have for sale. Any structures you have erected on the property such as sheds, shelters, and barns should add some value.
Professional livestock ranchers are often looking for good pastureland for their herds. They tend to look at large acreage tracts if they are commercial ranchers. These buyers want level, grassy land that has been fenced and cross fenced. They need good, reliable water sources for the animals they raise as well.
Timber companies and sportsmen might have an interest in property with plenty of mature trees. If you've established dirt roads through the wooded area and a current timber cruise showing the kinds of trees, how long they have been there, and how many there are, you can raise your asking price.
Once you make the decision to divest yourself of the family farm, you will have to put up signs and get the word out yourself or hire a local Realtor to do the work for you. You will save money on commissions by selling it yourself, but may get a better purchase price if you let a professional real estate agent handle the transaction for you.
You might even want to contact a local auctioneer to see if your property is a good candidate for auctioning. This person will look over your land, research comparable sales, and get back to you with a marketing plan. If you decide to go this route, you will have qualified buyers bidding against each other on a specified day. You will be able to accept or reject the highest offer and, if you are agreeable, close within ninety days or so.
Selling acreage that has been in the family for years can be stressful and scary, if you are uncertain about the future. Once the decision has been made and the sale completed however, you are free to get on with the next phase of your life.
Some sellers are afraid no one will want raw land without improvements. There are plenty of potential purchasers for this type of property however. Some investors don't want to go to the trouble of demolishing structures they don't need and are in the way of their own construction ideas. Most have already consulted the zoning commission to get approval for improvements.
Fruits and vegetables are big business, and commercial growers are always interested in good land where crops can be grown and harvested several times during planting season. They need level ground, good soil, and water sources if they are going to be persuaded to make an offer on the property you have for sale. Any structures you have erected on the property such as sheds, shelters, and barns should add some value.
Professional livestock ranchers are often looking for good pastureland for their herds. They tend to look at large acreage tracts if they are commercial ranchers. These buyers want level, grassy land that has been fenced and cross fenced. They need good, reliable water sources for the animals they raise as well.
Timber companies and sportsmen might have an interest in property with plenty of mature trees. If you've established dirt roads through the wooded area and a current timber cruise showing the kinds of trees, how long they have been there, and how many there are, you can raise your asking price.
Once you make the decision to divest yourself of the family farm, you will have to put up signs and get the word out yourself or hire a local Realtor to do the work for you. You will save money on commissions by selling it yourself, but may get a better purchase price if you let a professional real estate agent handle the transaction for you.
You might even want to contact a local auctioneer to see if your property is a good candidate for auctioning. This person will look over your land, research comparable sales, and get back to you with a marketing plan. If you decide to go this route, you will have qualified buyers bidding against each other on a specified day. You will be able to accept or reject the highest offer and, if you are agreeable, close within ninety days or so.
Selling acreage that has been in the family for years can be stressful and scary, if you are uncertain about the future. Once the decision has been made and the sale completed however, you are free to get on with the next phase of your life.
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