Selling your farm is one of the biggest life decisions you can make. Not only has your farm been your livelihood, it will no doubt have also been a family home for generations. With many financial and emotional factors to consider, it’s important to appoint an experienced agent to guide you through the process and achieve the best possible result.
When to sell in lots
Lotting a farm can widen the appeal and create opportunities for a multitude of potential buyers, where budget or need heighten desire for pieces of a farm as opposed to the whole farm.
Lotting will also target buyers on the hunt for their “dream” residential property with a few acres and separate these from buyers looking for commercial farmland and buildings to add to their existing holding.
By understanding the local demand, you can create lots suitable for all budgets, appealing to a wider range of buyers, achieving the maximum possible sale price, especially when selling at public auction.
When to sell as a whole
Even though lotting is commonplace, it is important to note that not all farms will be suited to this approach, with a premium sometimes commanded for a whole farm, particularly if it is ring fenced, and especially where access or privacy may be blighted by lotting.
Kivells’ well-established reputation has seen us successfully sell some of the region’s most sought-after farms, smallholdings and land. For further information, or to arrange a valuation, contact our experienced team today.