The Box

LISTEN: Preparing to Sell the Farm with Real Estate Agent Ben Forrest

Written by Ben Law - The Financial Bloke | Jun 1, 2022 12:57:08 AM

Ben Forrest (Real Estate Agent and Partner at the Resolute Property Group) and Ben Law (The Financial Bloke) discuss the key things you need to know if you want to successfully sell a farm.

 

Most farmers and graziers are thinking about buying more land, not selling, but purchasing a new block sometimes requires the sale of some land to fund the new purchase. There are also those nearing retirement that will be either downsizing to a smaller block or selling up entirely and moving into town.

Selling any major asset is a complex and stressful process, so the best results are almost always achieved when you prepare well. The problem is that most of us haven’t got years of experience selling properties, so we will inevitably make some mistakes, unless we find the right people to help us navigate the complexities and avoid the traps that the inexperienced fall into.

As Benjamin Franklin famously said, “If you fail to plan, you are planning to fail,” and with the value of farms these days, the cost of getting it wrong could be significant.

You can find out more about Ben Forrest and the Resolute Property Group via their website or Facebook.

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