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: 127

▶ 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

Trump dumps tariff on Brazil’s beef

United States President Donald Trump has ended his 40 per cent tariff on beef from Brazil. Still a tariff of 26.4 per cent remains. He also eased tariffs on Brazil’s coffee, tea, cocoa, nuts and some fruits and juices. His tariff changes come after continued rising grocery prices that have defied his election promises to reduce food prices on day one of his presidency. Brazil sold US $1.5 billion worth of beef to the U.S. over the first eight months of this year. Trump imposed the 40 per cent additional tariff against former president Jair Bolsonaro who is now serving a 27-year sentence in prison. He was thrown out by a coup. On another front in the Trump offensive against record-high beef prices, Assistant Attorney General Gail Slater said the Department of Justice is launching antitrust enforcement on the beef industry, feed, fertilizer, seed, fuel and farm equipment.

Producer egg prices increase

Egg producers are getting 9.9 cents more per dozen because the national agency has reduced levies. The decrease is due to a number of changes in levies for different purposes. It has just received approval from the National Products Council. The national agency is also increasing production because the cost of imports from the United States has risen, costing the agency about $200 million so far this year. The imports were necessary to meet Canadian demand, which the agency is obligated to fill. The production increases are balanced by a temporary increase last year when U.S. egg prices soared after millions of birds were euthanized to prevent the spread of highly-pathogenic avian influenza. The national agency has also lowered the price of eggs dedicated for industrial processing by 25 cents per dozen to $1.21. The result of the changes is an Ontario egg levy of 44.55 cents per dozen.

Ontario Celebrates Agricultural Excellence with 2025 Excellence in Agriculture Awards

The Government of Ontario is proud to recognize 12 winners and 7 honourable mentions of the 2025 Excellence in Agriculture Awards. Presented across 10 categories, these awards celebrate the outstanding contributions of individuals and organizations that are strengthening Ontario’s $51 billion agri-food sector. “I’m proud to recognize the winners and honourable mentions of the 2025 Excellence in Agriculture Awards for their hard work and commitment to building a stronger, more competitive agri-food sector,” said Trevor Jones, Minister of Agriculture, Food and Agribusiness. “Their contributions drive the success of our sector and pave the way for the next generation, ensuring Ontario agriculture continues to thrive.” The 2025 Minister’s Award recipient is Growing Chefs! Ontario, located in Middlesex County. Growing Chefs! Ontario is a registered charity that is advancing food literacy by connecting chefs, growers, educators and community members through hands-on food education projects

Nutrien selects U.S. port to build new potash export terminal

Nutrien’s decision to build a potash export terminal in the U.S. instead of one closer to home in B.C. isn’t surprising, a University of Saskatchewan professor says. The Saskatchewan-based potash giant announced last week that it plans to build a new terminal at the Port of Longview, WA to handle expected growth in international demand for its fertilizer products. Canada's onerous regulations are likely why Nutrien chose to build the terminal in the U.S., said Stuart Smyth, a professor with the U of S Agricultural and Resource Economics department. “To put a billion-dollar investment in place is going to require rail capacity improvements, and by the sounds of what Nutrient is saying, things are easier to get done in the United States than they are in Canada,” Smyth said last week in an interview with CBC's The 306 guest host Theresa Kliem. Smyth said the new terminal is part of Nutrien’s plan to expand into India, China and other international markets. Saskatchewan-based Nutrien

UI Extension surveying Eastern Idaho farmers to improve succession planning workshops

University of Idaho Extension is recruiting Eastern Idaho farmers to take an online survey that will guide the format, content, frequency and locations of future succession planning workshops. UI Extension has hosted these workshops for several years to help farmers begin what is often a difficult discussion with family about how to best pass their assets to the next generation. The survey, which will remain open through the end of the year, includes 15 questions seeking feedback to make succession planning as relevant as possible for participants. It also asks producers to share hurdles that have slowed or stopped their own planning efforts. The average age of an Idaho farmer is 56.6 years old, according to the 2022 Census of Agriculture — a reminder that many producers are nearing a point where they need to make key decisions about the future of their operations. “The goal of the ranch succession workshops is not for them to walk out with a finalized plan but to know how to start

© 2025   Created by Darren Marsland.   Powered by

Badges  |  Report an Issue  |  Terms of Service