Private Treaty February 2025
Pacific Cattle Angus, Sim-Angus, and Simmental range-raised production fall bulls available by PRIVATE TREATY FEBRUARY 2025 Carl Wisse • carl@pacificcattle.com www.pacificcattle.com • 509-539-6850 • Eltopia, WA
Published 2:29 pm Thursday, January 30, 2025
Selling farmland is different from selling regular real estate. It involves obtaining certain details like soil quality, water rights, and crop yields.
In Oregon, selling farmland requires following specific rules and regulations. For example, Oregon’s Exclusive Farm Use (EFU) zoning laws protect agricultural land from being converted to non-farm uses.
Potential buyers need to be aware of these restrictions and the implications for their plans. Additionally, water rights in Oregon are a crucial consideration. Water rights can greatly affect the value and usability of the land.
Understanding these rights and making sure they are properly disclosed and understood during the sale is essential. Whitney Land Company has plenty of experience navigating these regulations, ensuring your farmland sale complies with all legal requirements to maximize its value.
Selling farmland in Oregon comes with its own set of legal challenges. First, you need to figure out the zoning and land use laws. Oregon has specific regulations that dictate what you can and can not do with your land. These laws are in place to protect agricultural areas, so it is important to make sure your sale complies with these rules. Water rights are another big deal. If your land comes with water rights, you need to verify their status and make sure they can be transferred to the new owner.
Environmental regulations are also something to monitor, as they may change over time. These can include soil conservation rules, wetland protections, and other environmental concerns that might affect your land. Keeping track of these legal requirements can be tricky, but you can always count on Whitney Land Company.
We help you understand and comply with all the necessary legal aspects, ensuring your farmland sale So your farm is ready, now it is time to evaluate the land value. Overpricing can deter potential buyers, while underpricing means you might miss out on significant profit. To determine the correct value of your land, consider factors such as soil quality, water availability, crop history, and market trends. It’s essential to conduct a thorough analysis and compare similar properties in your area. Avoid overvaluing your land by more than 10 to 12% above the market price, as this can make it less attractive to buyers.
Working with Whitney Land Company can help you set a fair market value. Our real estate agents have the expertise to analyze all the relevant factors and make sure your land is priced competitively. Our team is familiar with the local market dynamics and can provide insights on how to position your property to attract the best offers. We can also assist with complexities like tax implications and capital gains taxes, ensuring you get the best possible outcome from your farmland sale.
Our brokers live the lifestyle and understand the fine details to yield a successful transaction.