For ranch owners and investors interested in selling, there’s no time like the present. Spring is the best time of year to sell ranches and farms. Buyers are motivated. Real estate markets are coming out of the winter doldrums, and prices are generally on the upswing. What’s more, the weather is better, allowing more people to actively shop for their next investment.
Owners and ranch brokers preparing for a spring ranch sale should also have all the needed materials in order to get a ranch on the market and ready to meet higher demand. For ranch sellers, a spring transaction gives them plenty of time to plan for post-ranch-sales issues, like capital gains taxes or rolling profits into another investment.
Higher demand and better weather
After a long winter, prospective buyers are ready to get out there and look for their next purchase. Smart ranch owners are listing their property in spring to meet the crowds of buyers, and their property is ready to show. Spring is always a busy time in the real estate market. It’s when buyers are ready to put boots on the ground and physically visit ranches they might like to buy. Wise sellers have their ranches in presentable condition, and ready for visitors. Spring ranch listings attract more attention from prospective buyers. For investors, it pays to get started early in the season to secure the best prices for the best available property.
Prices are higher
With spring comes interest and demand. With demand, of course, comes higher ranch prices. It’s a great time for ranch owners to put their property on the market. Spring ranch sales typically go for higher prices as more buyers hit the streets looking for property. If you’re a rancher looking to divest, spring is the best time to sell your ranch. Simple as that.
Motivated buyers want faster closings
With better weather and the ability to physically visit ranch property, buyers are more likely to decide on a purchase quickly. And then, they’re more likely to push for earlier closing dates. It benefits them, obviously. If they can get into the property, they can get their new investment ready for summer. They can be on the land in time to put the ranch to work or to enjoy their new homes during the warmest time of the year.
Sellers have more time to plan
For ranchers selling their land, the earlier in the year, the better. A spring sale gives sellers time to plan for financial issues, like finding their next investment or putting money aside to meet capital gains taxes (or finding shelter for ranch profits!). Not only is spring the best time to sell your ranch, it’s the best time to make financial plans once the sale is completed.
