Updated: Dec 10, 2018
Owning a ranch can be an incredibly rewarding experience, and many people are drawn to the idea for many reasons. Escaping to the country can be a peaceful and idyllic dream for people who are tired of the noise, pollution, and hustle and bustle of living in a big city.
Nevertheless, if you haven’t bought a ranch before, you will experience entirely different property negotiations than buying property in a metropolitan area. For this reason, enlisting the services of an experienced agricultural realtor will almost certainly be one of the most valuable decisions that you make.
A great realtor will:
- Listen to what you want and need from your property purchase and ask questions to ensure that they help meet these requirements.
- Be proactive in sourcing potential properties for you to consider, often finding them before they hit the general property market.
- Be a great communicator and keep you up to date with what is happening in your current situation, so that you can move as quickly as the market demands.
- Adapt to your needs. A good realtor will understand how and when you like to be contacted and will adapt to what you prefer.
- Be client motivated and committed to making your purchase as stress-free as possible.
Beyond what we mentioned above, a great realtor will have unique knowledge and experience of buying and selling ranch properties and everything that the process entails, which is a whole different ball game than purchasing a standard apartment or family home. Not only will you have to think about the property on your land where you will live, but you will also need to consider the type of ranch that you are planning on running, the amount and quality of the land included in the purchase, the boundaries, the outbuildings, and any machinery/equipment that is included.
Questions to ask your realtor to determine if they are the right person to help with your ranch acquisition
1.) What area to do you cover?
Just because a realtor is licensed in a particular state doesn’t mean that they have the best knowledge of every area within it. Make sure that the ranch realtor you choose has experience in the vicinity you wish to purchase your ranch in.
2.) Are you part of a team?
If the realtor you choose works as part of a team, you will benefit from the experience of a number of different professionals. However, this could also mean that you will end up dealing with other team members. Check out what the protocol is and make sure you are happy with it.
3.) How many clients are you currently working with?
This will give you a good indication as to whether your chosen realtor has the time to dedicate to your property purchase, or whether they are overstretching themselves. Too many clients and not enough time means that no-one on their client roster will be getting the best from them.
4.) How many ranches have you helped buy/sell?
The greater the number of transactions your realtor has negotiated, the more likely he or she is to have come across and successfully navigated queries and problems related specifically to ranch purchases. Your realtor’s experience working specifically with ranch transactions can make him the best person to help secure the right property at the right price.
Finally, make sure that your realtor is someone that you can connect with on a friendly, yet professional level and you feel you can trust. The ranch buying business can be stressful and time-consuming, so the last thing you want to do is choose a realtor who makes you uncomfortable, or who you feel does not represent your best interests.
If you are looking for an experienced and professional realtor to assist you with your ranch purchase, please do not hesitate to call our experienced Accredited Land Consultant, Jason DurJava, today at 209-431-0400.