Date: March 9, 2021
Upsizing, downsizing, relocating, combining households and shifting to a different farm enterprise entirely: These are legitimate reasons you may want to sell your small farm. Regardless of your reasons, you may have conflicting feelings about putting your farm up for sale, and no doubt you’re receiving conflicting advice. But remember, no two farms are alike, so take it easy. In order to help you, here we'll let you 4 of tips to sell your farm:
When you’ve made the decision to sell your farm, you start the process by listing it for sale. We highly suggest you ask a real estate agent for help. From here, it can take a few days to two weeks to have your property listed for sale.
You may have heard that the best time to sell a home is during the summer, while school is out. But the timing of a farm sale in a hot real estate market is less essential than in a dull market. We suggest you choose a time of year when you know your farm is going to look its best.
We each have our quirks, and our farms do, as well. Contingency plans are written into sales contracts to address these. Will you be prepared to leave your crop behind if you have to move in December?
When you sell a farm, it is just like selling a residential property, only harder. You have more area and outbuildings to polish and probably more animals and equipment, too. “Staging” your property—touching it up to showcase its best assets—applies across the farm.
Let us know if there's anything we can help you with and we'll make sure to respond