Friday, February 4, 2011

Keeping up with available cropland

One of the challenges we face in finding the right cropland for our buyers is that there is no central location to search for cropland and when there is you find that you don't always get the information you need to make a decision. For example you can find cropland from multiple areas such as:
  1. Various aggregated advertising web sites on the internet
  2. Local MLS's
  3. Local brokers web sites
  4. Newspaper ads
  5. Word of mouth
But all these pose various problems in searching for good cropland.
  1. First of all cropland moves so swiftly these days that the information is often out of date and you find that the property has already sold. 
  2. The information is often incomplete, such as what are the expected rental rates, or how much of the land is tillable.
  3. There is usually no information about how the land is rated by the USDA
  4. Most importantly it never tells a buyer about land that is not on the market, but that is still available for sale.  
In trying to represent our buyers we run into these issues on a daily if not hourly basis and so in order to help us keep up to date, and to best provide information to our buyers we are attempting to keep a master sheet of available cropland for sale. There we try and track all the information a buyer would want to make a good decision. Such things as USDA aerials, soil information and ratings, slope of the land, and estimated rental rates, the potential for development for non agricultural uses, and most importantly information about land that the sellers don't want advertised but that is likely available for sale.

Now does this work perfectly, no because no matter how we try we can't keep up with every sale that occurs. But it's a better alternative that what we face everyday. And if one of our clients finds a property that is not on our list we can usually get all the important information within 24 hours.

If you would like to receive a list of the properties we are tracking or if you want us to do some information gathering on a property or area you are interested in just give us a call or email us and we'll get back in touch as quickly as possible. In Missouri call 816-899-2330, in Kansas 913-837-4665, or email us at info@RuralKC.com

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