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AUTHOR: GREG FAY, FOUNDER | BROKER | LICENSED IN MT
My profession in promoting land started in 1986, and I based Fay Ranches in 1992. Through the years, I have been concerned in a few of the most vital land transactions in a number of states, together with farms, ranches, timber, and plantations. I’ve seen and discovered a number of issues over time. This text will hopefully assist you perceive the method of providing your land on the market and the best way to greatest put together for this vital occasion.
There are typically two varieties of landowners: the multi-generational landowner, who makes use of the farm or ranch as their main revenue supply. The land is the place they work and dwell and love. It’s the place they grew up, the place their youngsters grew up, and sometimes their grandchildren. There’s a historical past to the land. They sweat and bleed into it, and the land has turn out to be part of them and their household.
The second sort of land possession is the land investor, whose main revenue is from a supply apart from the land, and their motivation for buy is as an funding and sometimes as a spot to loosen up and collect their household and mates. Their land is a spot they go to flee from day-to-day life, be taught new expertise (like fly fishing, looking, and horseback driving), collect household and mates, and strengthen relationships by means of shared journey. The land is their blissful place, the place they sleep extra soundly and join extra deeply.
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