Friday, November 18, 2016

The Types Of Farm Sales Missouri Buyers Are Looking For

By Karen Sanders


Sometimes people get into financial difficulties and have to sell assets to get the cash they need to pay creditors. Other times farmland that has been in a family for generations and is sold because the current heirs live far away or are not interested in pursuing a farming lifestyle. Whatever the reasons, when you have land you want to dispose of, the kind of farm sales Missouri buyers look for will likely determine whether or not you have an easy time selling.

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.

People who raise livestock might take an interest in any real estate you have that will make good pastureland. There has to be plenty of grass and water for animals to graze. Fencing and cross fencing is an added bonus, and sturdy barns should increase the value as well.

Timberland is of interest to timber companies and people who hunt. The seller of this kind of property generally has a cruise done so investors can see exactly how many, what kind, and how old the trees are. There are plenty of buyers who want to find a good place for a hunting preserve and need wooded and open land for that purpose.

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.

Most auctioneers are happy to take a look at your land and see if auctioning is feasible. They have the ability to divide the property to make it more attractive to a larger audience. They are also used to advertising and marketing property in ways you might not be familiar with. If you decide to offer your property to the highest bidder, you will have a firm day of sale and, probably, a number of interested parties with solid offers.

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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