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 […]
Bobwhites are Pairing Up!
I am getting reports that pairs of Bobwhites are showing up all over South Texas so with eternal optimism, I pray for a great hatch. Last season was very bad over most of Texas, even in areas where the birds normally do well. As usual, I get reports of pairs where people say there simply […]
Stress Driving Buyers Out to the Country
The last 18 months have been increasingly stressful for Texans. This seems to have resulted in a “land boom” for country tracts. In a very interesting article from Bizjournals, Dr. Charles Gilliland from the Texas A&M Real Estate Center reports a 28.9% increase in rural land sales. I have experienced this surge here in Medina […]
The 544 Acre Ranch Has a Happy New Owner!
We just closed on the sale of the Mack Ranch in Medina Co.. Listed during Covid and sold during Covid. Easily the best part of my work involves matching buyers with their dream ranch. Although this was my own listing, I represented the seller 12 years ago when he bought it, and the ranch has […]
Ruby is Five Years Old Today!
Such an amazing dog that has enriched and no doubt lengthened my life. A bit standoffish at first, she has warmed up to me and Eileen a lot in five years. Sometimes, she still thinks she is a puppy and curls up in her tiny puppy bed. Other times, she is the Master of the […]
Jim Mullen Now Offering Concierge Brokerage Service to Ranch Buyers.
Brokers/agencies that advertise ranches represent the SELLER, not you. I can represent YOU at no cost, giving you the edge when looking, negotiating, and buying your ranch. Ranches are complex, made up of location, soils, vegetation, weather, history, improvements, minerals, and price. Everybody should have experienced advice when comparing ranches. With 35 years as a […]
Great Time to Look at Ranches in Texas!
Social Distance Like a Texan, Buy a Ranch
Doom And Gloom? Not So Fast; South Texas Ranch Prices Six Months Into Covid
Readers of my blog will remember that I addressed Covid and it’s potential effect on ranch prices at the onset of the pandemic. I postulated that the crisis would have a similar effect as that of the 2008 financial crisis and it appears I was correct, so far. In a recent presentation, Dr. Charles Gilliland […]
