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10 years from now
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sloughclub
Posted 1/30/2024 05:20 (#10600022 - in reply to #10598874)
Subject: RE: 10 years from now


Southern Missouri
clicker - 1/29/2024 09:10

sloughclub - 1/29/2024 02:54

I have no dea how long it’ll last and wouldn’t claim to and here I go again , but saying loaning it to some one to buy good farmland is more profitable than the guy buying the land could not possibly be more untrue in my area in the last 12 months than saying the ocean is pink .was just proven here agin this past week on another 80 that sold that no one got a chance on but one guy.


why is all the ground in your area selling privately without allowing others to make offers or bid on it? Are they worried an auction won't produce a good price for the buyer or do the sellers just have a specific owner they want to have it even if it means they lose some of the maximum value on it? Probably getting close to going back to listed real estate, as an auction that doesn't get the most motivated buyer to his maximum price hurts the sellers and most cases there is one guy that would go much higher than he gets it for in a downtrending market. At least with a listing you can list it high and find out where that guys maximum is rather than finding out where the second to last guy's maximum was while the whole public is watching and never getting it sold.


I’m trying to find where I said all the land in my area is selling privately, that’s far from the truth and as far as in the future farmland around being listed for sale in real estate listings ? That could happen along with a zillion other possibilities, I understand what you’re saying there and it’s kind of funny thinking about that at todays pace for land sales around here , but I remember when farms were for sale in the paper and stayed in there for a while, certainly can happen again,been a long long time since I just outright bought a farm , sure have 1031ed a lot the last few years though, finally getting everything close to home , been a long ,long road and so far what I’ve sold to do the 1031s has every single time been privately, just my dumb way of doing it , I like the guy I’ve been selling to tho
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