Is it the Right Time to Sell? Farms Ranches Land
Currently, buyer demand is strong across the different farm, ranch and land property types we market for sale. Investors are looking for quality hard assets like farms for sale, ranches for sale and recreational land for sale. Since the beginning of the year inventory of farms, ranches and recreational land has tightened more than we expected. Typically, a farm, ranch or recreational property is on the market for 12-16 months before it sells. In the current economy we are experiencing sales in half that time for quality properties priced accurately. Additionally, proposed capital gains and estate tax law changes are also motivating some sellers with a low basis in their land to go ahead and list.