Ontario Agriculture

The network for agriculture in Ontario, Canada

Agriculture Real Estate??

I am interested in knowing any thoughts on what farmers are looking for from an ag real estate ad or realtor. I want to know the type of person you might want to be looking on your behalf and what type of qualifications they  have to help you.

- is it better that they tell you right out about their farming experience or should they prove it to you through their use of knowledge

- How do you go about finding farm land, hobby farm land, or acres with a home on it?

Any thoughts and advice would be great :)

mac

Views: 99

▶ Reply to This

Replies to This Discussion

Permalink Reply by OntAG Admin on July 4, 2011 at 9:45am

Hi Mackenna,

If you are looking at farmland, I would stick with someone who knows agriculture.

We have alot of good members on www.realestate.farms.com website.

Hope this helps,

Joe

 

Permalink Reply by David Kopriva on July 5, 2011 at 3:55am

What great questions.

First of all if you are selling a farm you have to prove its viability especially if it is an existing operation. Too many realtors are very inexperienced when it comes to selling the business end of the farm. They show the houses but nothing on  the operation and cash flow statements. Can't live on a farm if it is not viable. Another argument that can be used by the realtor is to state that it is the future owners responsibility to envision the farms future. This is true only if it is not an ongoing operation. Even if it is an annual crop that was grown on the land a realtor should have detailed information on the crops grown on the land for the past 5 years and types of fertilizer and herbicides used. The realtor should also have detailed soils survey from the current owner if the current owner farms the land. Any farmer worth his/her salt has this information on a split second notice ( or at least should have). This type of information can help sell the operation and also get a premium for the farm.

Permalink Reply by Mackenna Roth on July 5, 2011 at 4:02am

Thanks to both of you.

 

Joe - I am looking to see what qualities a person might look for in a person who sells AG real estate vs actually buying farmland.

 

David - thank you for the information. It is very true that with farm real estate you need to know as much about the land as you do the buildings on it.

 

Mackenna

Permalink Reply by John Schwartzentruber on July 5, 2011 at 6:29am

If I were buying a farm, I'm not sure that I would take the realtor's or the vendor's word on the viability of the farm. After all who's responsibility is it to know what will work?

 

Furthermore, it would be interesting to assess the stand-alone viability of many of the farms that have sold in this area in the past year or more. Growing legal crops, that is . . .

Permalink Reply by Greg Edwards on July 6, 2011 at 6:50am

I am not a farmer, but I do plan on buying arable land in the mid-term and perhaps in the long term farming such land. 

 

To date I have made several serious enquiries about certain parcels of land, while I don't know much about farming I know enough to ask some basic questions regarding crop history, soil samples and typical yields.  Every realtor I have asked these questions of either did not know the information or stated that such information would be provided on making an offer.  Sorry, but both excuses are weak.  I kind of want to know that information up front when considering a purchase.

 

I should say that my father has been in the real estate business for close to 40 years.  He has never really sold farms or arable land.  If he listed such property he may not know enough about the business end of the operations to speak to them with any confidence. 

 

I think there may be a need for realtors with expertise in farming, but to effectively do so they would have to have enough business to make specialization worthwhile.

▶ Reply to Discussion

RSS

Agriculture Headlines from Farms.com Canada East News - click on title for full story

Which Situations Require the Use of a Soybean Inoculant?

If soybeans have been in a rotation on the field, an inoculant is not normally recommended. Most universities recommend that if the field has not grown soybeans in the last 3 or more years an inoculant may help to prevent a yield loss. Some environmental conditions, such low pH, floods, and drought may increase the need for periodic inoculation even in fields with a history of soybean production. Care must be used when storing and handling these products as they contain a living bacteria. Soybeans form a symbiotic (mutually beneficial) relationship with nitrogen-fixing bacteria that live in the soil (Figure 1). In this relationship, Rhizobia bacteria fix atmospheric nitrogen into a plant available form in exchange for plant-derived carbon. Because soybeans are the host for the bacteria, if soybeans are grown in rotation the bacteria will persist in the soil. However, if soybeans have never been grown or have not been grown in an area for several years, the bacteria can become deple

Effects of Frost & Freeze Conditions on Young Corn and Soybeans

Air temperatures at or below 28 °F can be fatal to corn and soybeans, depending on their duration and crop growth stage. Waiting a few days after the freeze or frost event to examine affected plants, is the best way to assess the extent of damage and make management decisions. Certain management practices such as herbicide applications, may need to be delayed when frost-freeze injury occurs. Air temperatures at or below 28 °F for just a few hours can kill corn outright, even when the growing point is below ground, while air temperatures above 28 °F have a variable effect on young corn. For soybeans, when the air temperature drops below 28-32 °F, plants can experience some degree of frost damage. If the freeze period lasts for several hours and damage occurs below the cotyledons, soybeans can die. When light frost occurs, it typically shows up in bottom ground and lower parts of fields where the cold air has a chance to collect. It may also show up in fields protected by trees, since

Bfo Statement: Ontario Court Upholds The Legislation And Intent Of The Security From Trespass Act

The Beef Farmers of Ontario (BFO) is pleased to hear that the Ontario Superior Court of Justice has upheld the legislation and intent of the Security from Trespass and Protecting Food Safety Act (2020), which has been under a court challenge since 2021. We understand that while the Act has been upheld, a ruling on sections of the underlying Regulation has been suspended. We will be actively monitoring further developments regarding this case. The Security from Trespass and Protecting Food Safety Act is a critical safeguard to protect farm animals, the food supply, farmers and others from risks that are created when trespassers enter places where farm animals live or when persons engage in unauthorized interactions with farm animals. The repercussions include the risk of exposing farm animals to disease and stress, as well as the risk of introducing contaminants into the food supply. Animal neglect, abuse and cruelty is never acceptable, and animal welfare is of the utmost importance

Federal Budget 2024 Misses Key Opportunities, says Fruit and Vegetable Growers of Canada

Budget 2024 unfortunately overlooks several significant measures that could have greatly supported the fruit and vegetable sector, such as a carbon tax exemption, financial protection against market volatilities, and the establishment of a Grocery Code of Conduct. Similarly, no funding was allocated for greenhouse agriculture or the Sustainable Agriculture Strategy, both essential for climate adaptation and sustainability. Nevertheless, Fruit and Vegetable Growers of Canada (FVGC) is cautiously optimistic about several included initiatives, like the extension of the Advance Payments Program’s interest-free limit to $250,000 and the introduction of the New Canada Carbon Rebate for Small Businesses. The budget also proposes funding for maintaining the pesticides regulatory system and promoting sustainable pesticide use, which underscores the importance of sustainable crop protection practices. FVGC is particularly concerned about the rising costs affecting both growers and consumers. As

Altona's E2 Trucking acquires Rosenort-based trucking firm

E2 Trucking, an Altona-based company, has expanded it's operations by acquiring PK Friesen Trucking in Rosenort. A big step for the company, the deal closed on February 9th. . E2 owner Evan Erlandson says they learned a lot and got to know a lot of good people that he's proud to have on the team. "That added 12 trucks to our fleet, roughly an even split of north-south routes and east-west routes. The east-west trucks and trailers and business was new to us, we were not involved in that business. The north-south wasn't new to us, so we just kept those guys on. Well, we kept everyone on, and we're doing our best to keep everybody busy." The fleet now totals about 35 units. Along with the repair shop, support staff, is made up of some 10 people, including three full-time mechanics, dispatchers, administration, a couple of managers and all the drivers. From the perspective of a business owner, Erlandson feels a responsibility, especially in small town, to do what he can to preserve

© 2024   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service