Research just out from the Real Estate Center at Texas A&M by Dr. Charles Gilliland indicates that the recent buying frenzy is dying down and ranch buyers are becoming more selective. https://mailchi.mp/mays/reporttexas-rural-land-buying-frenzy-wanes What is the take away from this? It means buyers once again have the luxury to be more selective, taking their time to […]
A Ranch Contract Starts With 11 Pages of Fine Print; You Need Representation.
Ranch brokers in Texas are required to use contracts formulated by the Texas Real Estate Commission. The Farm and Ranch contract runs to 11 pages and with addendums and exhibits, can grow to 20 pages. Even at that, not every aspect of the land is addressed leaving a lot of questions. And, while calling in […]
Was Yesterday The Best Time To Buy A Ranch? Land Market Continues To Strengthen!
As a ranch buyer’s rep, I am frequently asked when the ranch market will soften or even crash with all the uncertainty in the world today. The answer is, “not yet”, and if 2008 is any indication, it won’t soften or crash. Long gone are the “mom and pop” ranches where the family had to […]