News & Info
A Salute to Accredited Land Consultants (ALCs)
RLI Salutes the Accredited Land Consultants
Land Mines - To Cut... or Not To Cut
This is the second in a series of articles re-visiting some of the more memorable experiences that have occurred over 42 years of land brokerage. To cut…or not to cut deals with the popular idea of removing pines and leaving hardwoods when preparing pasture land
Rogers Carolina Real Estate Land Class - What exactly is a land Deed?
In real estate, a deed is a legal instrument which affirms ownership. It contains the names of the old and new owners and a legal description of the property being transferred. Many people think that all deeds are the same. But generally, there are three types of deeds that are used when conveying real property.
Land Minds - Power Line Rights of Way
This series of articles will re-visit some of the more memorable experiences that have occurred over 42 years of land brokerage. Near the top of the list of troublesome issues are utility rights-of-way (ROW), primarily high-voltage transmission lines. Most landowners are uninformed as to the limitations these encroachments impose on their property.
The State of South Carolina's Forests
Land Value Depends on Where You are Standing
So the story goes something like this...the young farm boy comes to his boss and asks, "So, what is old Mr. Henry's farm worth?" The old farmer looks over at the young man, tips his hat back and says "well son, it all depends on whether you are buying or selling."
Selling Farmland or a Ranch: IRC Section 121 and Section 1031
When selling farmland or a ranch that has both a primary residence and land, it is important to consider the tax consequences of Internal Revenue Code Section 121 and Section 1031.
Carolina's RLI Chapter Merger
The North Carolina Chapter of the REALTORS Land Institute (NCRLI) is pleased to announce that we have successfully voted to merge with the South Carolina RLI (SCRLI) Chapter to form the Carolina's Chapter of RLI as of May 24th, 2012. Christina Asbury ALC, President of NCRLI, worked together with Rod Rogers ALC, President of SCRLI, and their respective Boards of Directors this year to bring the Carolinas back together once again.
The Client I Don't Want
I am not going to work with every person that calls or emails me about buying land. Because time is our most precious and limited resource, land agents have to be selective about who we put in the truck and go look at properties with.
The Land Market is Better Than It Was a Year Ago
How would you rate the current land real estate market? LandThink.com, an authoritative online resource for advice, knowledge, opinions and trends related to land, is pleased to announce the May Pulse survey results. Based on the findings, the real estate land market is experiencing a rebound. An overwhelming 67.3% of respondents felt the land market was better than it was just one year ago, the informal online survey revealed.
1031 Exchange Tax Rules
1031 exchange tax rules start with intent at the time the exchange is initiated, and the facts that support the intent and exchange. The proper 1031 intent as defined by the IRC as "property held in a trade, business or investment".
Presentation: Get Your Land on a Buyer's Short List
"If the rest of the property is like this, then I've seen enough. Let's go." These are generally not words you want to hear during the first 5 minutes of a showing on a large piece of rural property, but it happened to a co-worker of mine a few weeks ago after he drove over an hour to meet a prospective buyer.
Timberland price reduction.
Is Your Agent Marketing Your Land in the Right Places?
When you decide to sell your land - whether it be farmland, timberland, ranchland or hunting land, be sure to ask the agent about the websites where your land will be listed. After you ask about websites then ask about social media websites. We'll do a two-part series and cover social media next time so let's start with websites.
Land is a Safe Investment
Economic uncertainty and turmoil around the world is leaving investors looking for a "safe" place to invest money. There are as many different investment strategies as there are investment gurus touting the safest place to invest your money in this economy. But what really constitutes a "safe investment" these days?
Not All Real Estate Agents are Competent about Land
Not every real estate licensee is qualified to help you buy or sell rural land. Their license may make it legal to practice, but their inexperience in land transactions could be costing you thousands of dollars.
WARNING: Some agents who primarily sell residential real estate and dabble in rural land sales will be offended by this article.
Three Tips on Picking Rural Land
Investors can make a good profit from rural land investments. The trick is to know how to pick the right land, in the right location. Your investment options vary, but typically land owners rent rural land to hunters and farmers, or they subdivide and resell land lots. Whatever option you choose for your rural land investments, you should use these tips for choosing land to maximize your profits.
Hot on the Trail: Pathways create interest and access in woodlots
Build it and they will come. In the movies it was a baseball diamond built in a cornfield that attracted so much attention. The same is true when it comes to woods trails, says John Morton, who has made a career out of designing pathways that provide opportunities for recreation and relaxation.
Farmland Goes Mainstream
During the last ten plus years that I have been receiving the magazine from the National Association of Realtors I do not ever remember an entire article devoted to land and specifically farmland. For the most part rural land such as cropland, hunting land, ranchland or pasture is left out as a category in real estate industry news.
An Ounce of Gold or an Acre of Land?
Yesterday I noticed that the price of gold has risen to $1600 per ounce, and the thought struck me that land in my part of west Alabama is selling for approximately the same price per acre. I posed the question to two local business owners whether they would rather own an ounce of gold or an acre of land
1031 Exchange Requirements
A 1031 exchange is defined by the Internal Revenue Code (IRC) Section 1.1031 as "No gain will be recognized on property held for productive use in business or investment when exchanged for like kind property held for productive use in business or investment." This means property either real or personal property held for the proper intent can be sold and gain deferred when real or personal property is acquired
Improving Your Chances of LANDing a Loan
You've certainly heard about (or experienced) the reduction in available credit for land purchases. There is still ample money available for higher-quality loans, loans with large down payments, consistent and adequate repayment sources, reasonable amortizations with frequent payments, etc.
Information Please? Signs & Symptoms of a Land Specialist
In my most recent article entitled "Your Choice for a Heart Attack...Cardiologist or Orthopedist?" I explained the importance of choosing a specialist - whether having a heart attack or planning to buy/sell land.
Will Listing Your Land With a Real Estate Land Broker Yield a Higher Sales Price?
The time has come and you are ready to sell your land. You might wonder if listing with a real estate land agent really makes a difference. You can certainly go it alone but of those that do (about 85%) end up eventually listing the property for sale with an agent. It is generally said by most real estate folks that properties do not sell for two reasons either price or exposure
Your Choice for a Heart Attack...Cardiologist or Orthopedist?
Soâ€¦ for the past week, youâ€™ve been experiencing shortness of breath, a slight pain in your chest, radiating down your left armâ€¦ and it seems to be getting worse. You recognize that itâ€™s time to see a doctor. The only question is: â€śWhich doctor?â€ť
Why should I Invest in Pine-Producing Timberlands?
With the condition of todayâ€™s economy, many people are very cautious about where they invest their money, and rightfully so. They want to make sure the assets they hold are stable in value and hopefully appreciate, produce a return, and remain relevant in an ever-changing future. They are looking for assets with a proven track-record to do this with.
Evaluate the Market Before You List Your Land
I am sure everyone has heard over and over the saying location, location, location when it comes to real estate. That may hold especially true for residential and commercial markets, but I think it's less important for the land market particularly the rural, farmland, and hunting land sectors. Usefulness, Use, & Best Use are my replacements for location, location, location when it comes to rural land.
Brush Control Options in Fence Lines
If you have fencing on your property, you will need to keep branches, trees and weeds from growing up on fence lines. Why worry about cleaning out brush and weeds from fence lines? Along an electric fence, weeds and brush can short out the fence and allow the livestock to walk through.
Wash That Land Before You Try to Sell It, and Fix The Box It Came In!
If you were going to sell your car, in all likelihood you would wash it, probably vacuum it out, and maybe even wax it. If you go to a car lot where professionals are selling cars, most likely they have not only done these things, but have went through the vehicle thoroughly and made it look it's best in a process that the industry calls "detailing".
Ducks Unlimited and United Country Launch Recreational Real Estate Search Engine
Ducks Unlimited, the world's largest non-profit organization dedicated to conserving North America's continually disappearing waterfowl habitats, and United Country Real Estate, the nation's leading real estate company specializing in land and recreational real estate, have recently announced the launch of a new recreational real estate search engine.
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