The historic rise in farmland values in recent years has highlighted the importance of being knowledgeable about current land values when buying or selling. Our active involvement in the appraisal and sale of Illinois farmland enables us to keep our brokerage clients informed about the latest market trends.
Our service begins with a detailed review of the subject property, noting the strengths and weaknesses that may impact the marketing process. If needed, recommendations are given to address the deficiencies prior to placing it on the market. We start the listing process with a comprehensive analysis of sales throughout the area over the past 12-24 months. Listing prices of other properties in a broader area are also considered for a current reflection of market trends. This detailed Market Analysis report to the owner provides the basis for discussions about the method of sale, reasonable expectations for market value, and a potential listing price if offered by private treaty.
Once the method of sale and asking price has been established, an informational brochure is prepared to provide prospective buyers with the information they need as they contemplate buying the farm. All offers are communicated in a timely manner. Ongoing correspondence with the seller is critical during the listing period. If warranted by changes in market conditions, adjustments in the marketing plan may be recommended for consideration by the seller.
Lastly, the farm is not sold until the transaction closes. We work closely with the buyers, sellers, lenders, attorneys, and others involved to consummate the sale according to the contract.
Waibel Farmland Services Inc. looks forward to assisting you in the sale of your farm!
Our service begins with a detailed review of the subject property, noting the strengths and weaknesses that may impact the marketing process. If needed, recommendations are given to address the deficiencies prior to placing it on the market. We start the listing process with a comprehensive analysis of sales throughout the area over the past 12-24 months. Listing prices of other properties in a broader area are also considered for a current reflection of market trends. This detailed Market Analysis report to the owner provides the basis for discussions about the method of sale, reasonable expectations for market value, and a potential listing price if offered by private treaty.
Once the method of sale and asking price has been established, an informational brochure is prepared to provide prospective buyers with the information they need as they contemplate buying the farm. All offers are communicated in a timely manner. Ongoing correspondence with the seller is critical during the listing period. If warranted by changes in market conditions, adjustments in the marketing plan may be recommended for consideration by the seller.
Lastly, the farm is not sold until the transaction closes. We work closely with the buyers, sellers, lenders, attorneys, and others involved to consummate the sale according to the contract.
Waibel Farmland Services Inc. looks forward to assisting you in the sale of your farm!
Please contact us at (217) 590-0233 or [email protected]