Selling your farmland can be a difficult decision to make.
There are so many memories of farm life, but it may be the right time for you and your family to move on to your next phase in life.
If you are planning on selling your land soon, follow these four tips for selling success.
- Have a soil test done – many prospective buyers want to make sure that the land that they are buying has the right nutrients in place before making such a major purchase. You know that the land is good to produce on, but having this test completed and the paper ready to show, may put your property above others on the map as the better investment.
- Get your land assessed – before putting your land on the market, you should find out the correct value for it. Assessing the land may help you decide if you would like to sell your entire farm or just smaller lots. Looking at this assessment you will be able to determine what the best move financially is for you and your family.
- Find the right realtor and advertise – look for a realty company that specializes in or only focuses on selling farmland. If your realtor doesn’t know what it is like to sell a farm, chances are yours will sit on the market for a long time and lose appeal fast. Your real estate company should market to the right group of buyers and know how to vet out the tire kickers.
- Consider anything that can be done to increase your selling potential, without spending lots of money – Are there some small fixes on the farm that you have been putting off for a while now? If so, those fixes should be taken care of to improve the potential of selling faster.
Buyers do not want to walk around and only see problems that already exist. They want to see how they can easily be profitable on this piece of land.
At Metcalf Land Company, we are a family owned business that has helped bring together countless South Carolina landowners and land buyers. We have built our reputation on being one of the most knowledgeable land brokerage firms in our market area.
For more information on selling your land, contact us at 864-585-0444 today!