Preparing Your Property for the Open Market

As you prepare to sell your farm, taking the right steps can significantly smooth the transaction process and lead to a favorable outcome for all parties involved. Here are some key tips to consider:

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1. Acquire a Professional Survey
   If your farm hasn’t been sold recently, you may struggle to recall exact boundaries. A professional survey can prevent misunderstandings and save you from potential disputes down the line.

2. Gather Important Documentation
   Locate copies of any easements, leases, or conservation guidelines. Your attorney and broker will need to review these documents carefully, so having them ready will streamline the process.

3. Secure Access Points
   Ensure that all gates are secure to prevent unauthorized visits. Require that all showings be arranged through your realtor to maintain control over access to your property.

4. Clear Out Unwanted Items
   Remove old vehicles, equipment, and fuel tanks. Dilapidated accessory buildings should also be taken down to enhance the property’s appeal.

5. Dispose of Unused Chemicals
   Safely dispose of any unused chemicals, including paint and fertilizers, according to your local guidelines. This not only ensures safety but also demonstrates responsible stewardship of the land.

6. Inventory Your Equipment
   Take stock of all equipment, especially if it’s available for purchase or negotiation. A detailed inventory can facilitate discussions with potential buyers.

7. List Your Employees
   Compile a list of employees, including their roles and salaries. This information is often shared confidentially once an agreement is reached, so having it prepared can be beneficial.

8. Maintain Fencing
   Repair or paint fences as needed. Fences are often the first impression of your farm’s condition, and well-maintained fencing reflects care and attention to detail.

9. Ensure Good Access
   Check that drives or paths are in good shape, whether they are gravel, mown, paved, or dirt. Clear access routes enhance the overall appeal of your property.

10. Make sure drives or paths are in good shape whether gravel, mown, paved, or dirt.
     

We are dedicated to helping you develop a customized plan for your property, leveraging our extensive network of resources and deep market knowledge. If you’re considering selling, now is the perfect time for a confidential and comprehensive consultation. We would be delighted to assist you in this important transition.