By Alan Howard, ALC, Results Land Company
There are many paths to land ownership, and it can look different for everyone; whether it be through inheritance or purchasing a property, there are tons of questions to address and special factors that may arise when it comes to special land like a farm.
I have been consulting clients for years as a listing agent and have seen it all – family farms that needed to sort out ownership interests, facilitating farm sales that don’t require marketing, getting current leases in place, contract preparation, 1031 exchanges, and the list goes on!
In all my years of consulting, I’ve run into the same question time and time again. Why use a Land Consultant? Here’s everything you need to know about Land Consultants and how they could benefit you.
What is a Land Consultant?
Accredited Land Consultants (ALC) are more than land professionals; they are the most experienced and highest-performing land real estate experts in the country and have earned that title after completing a rigorous training and educational program through the REALTORS® Land Institute.
Many Land Consultants choose to go on to specialize in different areas such as agricultural land, timberland, ranch, recreational properties, or vacant land for development. In my case, I have years of experience working with clients who own farms and agricultural real estate ranging from 40 to 10,000 acres.
What can a Land Consultant help me with?
An ALC has the expertise, experience, and usually a very well-rounded network that can be helpful for a number of needs related to your land. We will help you think through your particular needs and craft a strategic plan that will protect your assets and build wealth. At Results Land Co, we also offer active farm management specific to your property and needs, such as:
- Assistance with an internal sale to a family member or tenant
- Capabilities of property
- IRS Tax Code 1031 Exchange
- Mineral Rights and Production
- Recreational Land
- Tenancy – Written Lease or Oral Agreement
- Undivided Interest
- Valuation of property
- Water Rights
- Wind Rights and Leases
We understand the complexity that comes with the nature of many family properties, and our objective is to help you achieve your goals. Not every owner is looking to sell their farm, and we can help you sort through any issue from start to finish.
In 2020-2021 alone, I was able to help a family with multiple properties. Some were simple while others had a multitude of undivided interests. A death in the family triggered a valuation to establish a basis and later on dividing and deeding out to individuals, two internal sales, two outside sales, and five parcels included in exchanges. What could have been an ongoing and complicated issue ended up being solved with everyone’s best interest served.
Land Consultants will guide you
Thanks to our extensive training and years of hands-on experience, we can help you solve nearly any problem. As your Land Consultant, we will analyze your project and identify any potential problems ahead of time and work out the solution. Our expertise can save you time, and money and ensure your interests are served and protected.
Results Land Co’s team will give you the guidance and information needed to make the best decision. Get in touch today to learn more about what we can do for you!
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