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How long did it take you to sell your farm?

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  • #41
    <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Bumping, as I'm getting closer to putting my (microscopic) place on market while also having contract on other house. </div></BLOCKQUOTE>

    And still trying to get place on market.

    Any luck on getting good offers yet?

    Anyone else have stories?

    Comment


    • #42
      double post

      Comment


      • #43
        My boss has had her 10-1/2 acre farm on the market since last summer. Typical PA Dutch Farmhouse, built in early 1800s with a Revolutionary War settlers' cabin attached. Wide-plank floors, stone cook-in fireplace...The house has been historically preserved and maintained - nothing altered and GORGEOUS, and she and her husband put in a Japanese garden with fountain out back by the spring house. Huge bank barn with 4 box stalls (she hasn't had animals for years), an antique apple orchard, landscaped lane...beautiful.

        I am so in love with the place I can't help but post the photos.

        The House

        View approaching the barn and house (house on right, hidden)

        Interior Main House - Downstairs Living Room

        Interior Settlers' Cabin - Now Master Suite

        Master Bath - links Master Suite with Main House

        Anyway, she tried selling the place herself. Offered it at $479K, and lots of lookers but no bids. And many, many developers and realtors looked, hoping to chop the place up for houses, but thankfully the front pasture is certified wetlands so they can't do anything with it here in PA.

        Months went by...nothing, so around February or March of this year, she was approached by a realtor who said he could sell the place for her, that way it would go on the multi-list and really get out it out there, and because they'd been so unsuccessful with the DIY approach they agreed to put it up for sale through the agent.

        Again, nothing really happened for a while. Strong interest from a few people but still no offers. And then...as luck would have it, a few weeks ago a fellow down the road who owns 90 acres came by and wanted to make an offer. Turns out a woman in the area hit the lottery and offered to buy the farm adjoining his. So he decided to approach her and offer his property to her as well, since he wanted to downsize and she wants to have all this land as her own personal empire.

        He met with my boss, made an offer of $425K, my boss accepted, and barring any weird, last-minute happenings, she'll close and move out by September. And then I lose my dream farm forever...
        "I'm a quitter. I come from a long line of quitters. It's amazing I'm here at all.

        Comment


        • #44
          lee - what a beautiful place. And what she had it listed for is what newer subdivision houses are going for in my neck of the woods these days.

          Back on topic, tho, two of my critters moved into my friend's place that had been on the market for about 6 mo. at that point. I moved my two horses there for the free grass and it sold in about a month. So, if you have a farm to sell, let me bring my boys over and it will sell.

          Comment


          • #45
            lee - GORGEOUS photos, thanks SO much for sharing! How cold does it get in PA...who cares, I could just hibernate in that lovely house!

            Comment


            • #46
              I gotta say, so jealous of the lovely farms at, for my neck of the woods, VERY low prices. We are in a housing market that is so tight, realtors are literally standing on street corners with signs asking for listings! (that was on our news just the other night) Insane prices, too. Our neighbor is asking $650,000 for 43 acres of bare land--and he'll undoubtedly get it! It is in a strict zoning area (Columbia Gorge Scenic Area) and whoever buys it will be severely restricted on building, but someone will buy it. If you were selling your farm here, I'd say a week tops. We bought our farmette so fast our heads spun--we were the first to view, they took our offer and wham! we owned a farm for $260ish. It is a 5 acre, very narrow lot with a 1973 ranch house and a 30 x 60 pole shop, not even a barn. We could sell the same place, one year later, for at least $360ish, with no improvements. Scary. Especially as we want to buy more land/house than we have now. There is no way we could afford to pay the prices in our area as they stand.
              Proud member of the "Don't rush to kill wildlife" clique!

              Comment


              • #47
                <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by rottenrobbie:
                How cold does it get in PA...who cares, I could just hibernate in that lovely house! </div></BLOCKQUOTE>

                Hey robbie - We can get high temps in the 20s over the winter months, but it's not that bad. And snowfall varies. I know the main thing that affects that property is flooding. The front pasture is so low-laying (that wetlands area I mentioned) that it often gets waterlogged. But the other areas of the property aren't prone to that.

                Man, I want that place so bad. As it stands, she's cleaning up the place to prepare for a move to MD, and has given me her daughter's old saddle, a blanket, pads and surcingle, artwork, furniture, pottery...though I can't afford her farm, I'll settle for the goodies inside it.
                "I'm a quitter. I come from a long line of quitters. It's amazing I'm here at all.

                Comment


                • #48
                  I sold my last farm myself after WASTING months with a realtor. They just didn't get where to advertise. They wasted so much time bringing people who were not "real". When I took over I made a nice color brochure on my computer. Put ads in the COTH and the NYTimes - Farms and Country homes section and had 5 legitimate people come to see the property within a week. It was sold the following week - and we are still close friends with buyers.
                  Summit Sporthorses Ltd. Inc.
                  "Breeding Competition Partners & Lifelong Friends"

                  Comment


                  • #49
                    <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Back on topic, tho, two of my critters moved into my friend's place that had been on the market for about 6 mo. at that point. I moved my two horses there for the free grass and it sold in about a month. So, if you have a farm to sell, let me bring my boys over and it will sell. </div></BLOCKQUOTE>



                    That does remind me of an issue I'm debating: whether to leave the resident equines at the property or whether to board them out while the place is (hopefully) shown. It seems like a huge hassle to be sure they're in their stalls when any buyers come, but it seems unsafe to have buyers traipsing through the turnouts with horses loose in there, too. When I looked at it before I bought it, I nearly got run over by the seller's horses (my fault, as I disregarded a padlocked gate and climbed over the fence, not knowing they were lurking behind a treeline. )

                    Plus it's a small horse property and maybe it will look bigger without the horses. Then again, maybe it will look better "furnished."

                    But it's going to be nearly impossible to keep the house, yard, barn, and turnouts pristine while it's on the market. Would be far easier without the horses there bent on mess-making...

                    Maybe I'll compromise and move one out.

                    Anyone have advice?

                    Comment


                    • #50
                      my house has been on the market for 7 weeks now.
                      we have a little ranchette on contingency. We have dropped the house price twice already. We are "Motivated"....This is in Los Angeles where houses sell in 4 days, before they hit the MLS. If anyone wants a house on the Westside, 5 minutes from UCLA or the beaches, come and buy the sucker so I can get the horse(s) onto my new place.

                      Comment


                      • #51
                        Ours has been on the market about a month. We've posted flyers at the livestock sales, the farmer's co-op, Tractor Supply, etc. I have an ad in the local papers and weekly shopper. Lots of calls and lookers, but they seem to want a brand new Lindal cedar home or something.

                        We have 50 acres, 8 stall barn, 2000+ SF Craftsman style house that was built in 1948, pasture, creeks, woods, and privacy, asking $275,000. No offers yet. Sombody buy my place!

                        Edited to add link: http://www.webspawner.com/users/doubleridge/
                        Everybody lies - Gregory House, M.D.

                        Comment


                        • #52
                          feisomeday, have you asked your realtor what is wrong? Neighborhood? Neighbors? Has she advertised it? Set up an open house? Are people coming and not offering or just not coming? My mom's house took a month to sell because the pesky neighbors had all kinds of junk cars parked in the street all the time, but even then it sold for the asking price.

                          Some paint, tossing all your stuff into storage, new flowers in front, all can work wonders. Those "Designed to Sell" makeovers on HGTV are worth watching if you haven't.

                          You may want to do a "grand reopening" with some sort of rearrangement of things and a fresh open house with a new lowball type price to stimulate the whole auction-multiple offers fervor.
                          If you are allergic to a thing, it is best not to put that thing in your mouth, particularly if the thing is cats. - Lemony Snicket

                          Comment


                          • #53
                            Our house is right by the freeway, but what house isn't anymore?
                            -new paint? check
                            -all junk in storage? check
                            -plant new flowers? check
                            -bake chocochip cookies b4 open houses? check
                            -fountains and hot tub bubbling? check
                            -drop price? twice! check
                            -watch "sell this house" and Design to Sell?check.
                            -nuetral color scheme? check

                            Lots of traffic, hundreds of people for daily showings,weekly open houses, and agent caravans.
                            We had 2 low-ball offers (for less than $100,000 off the asking price-just LOWBALL). There is a million dollar house on the next block for sale.
                            Our house is $675,000 and quite a bargain at that (in S. Cali) I half want to move back to the east coast, reading about all these great farms for sale with acreage and grass. Unheard of around here.I just hate the snow.....

                            Comment

                            • Original Poster

                              #54
                              Still on the market, slight downward adjustment in price, hopefully we'll get an offer this week. 3 parties really liked it, maybe one will jump up and get serious.
                              Man plans. God laughs.

                              Comment


                              • #55
                                We're still on the market too...about 30 days now and two showings....

                                Comment


                                • #56
                                  When we were looking for a small horse property (around 5 acres), there were none to be found for sale without getting too far for a comfortable work commute.

                                  The silly realtors would send us listings of places heavily wooded or with steep hills. What part of "not suitable for horses" didn't they get??

                                  The ones that actually had land suitable for pasture had houses that were so run down that a bulldozer would be the best option for them. We are handy people, but we spent 5 years remodeling our first house and didn't care to repeat all those projects again.

                                  After looking for a full year, we spotted a place on the ForSaleByOwner.com website (had been listed that morning), drove by, saw it that night, and had a handshake deal two days later.

                                  Good luck to all you sellers! How I wish we were located in the same area!

                                  We actually want to look again for a place with more acreage now that my non-horsey husband finally "gets" how much land you really need for horses.

                                  Comment


                                  • #57
                                    We are selling our 57 acre farm with a realtor who specializes in farmettes. It went on the market last Monday with one showing on Tuesday and two showings on Wednesday. Two of the showings ruled it out immediately but the third has worked with our realtor in the past and is thinking about it. We have another showing scheduled for Friday evening.

                                    We painted, planted flowers, mowed trails and moved extra stuff to storage. We're trying to keep it clean but with three kids, two cats and a dog it is a challenge. Our house is on the cover of the Stark Home magazine coming out within a week so hopefully that will spark the interest level as well. Our realtor is very big into the right kind of advertising to attract the right kind of buyers. Although our place is a horse farm it is the land that has the most value and it would have value for hunters and other people, not just horse owners.

                                    We bought a new (100 year old) farm house that is currently being remodeled before we move in. Hopefully, we will sell our current house within a reasonable amount of time so we don't have to own two houses for a long time. I have heard that you can expect one month for every $100,000 value in your house. It makes sense that the market gets much smaller for the higher end houses.

                                    Comment

                                    • Original Poster

                                      #58
                                      That one month for every 100,000 makes me want to throw up. Should I also mention that my office closed and laid everyone off in mid April? So now I have 2 houses and no job. And keeping the place immaculate is exhausting. I'm either mowing or mopping every day. Jingle for me that

                                      -I get a job
                                      -I sell my farm
                                      -I don't have a nervous breakdown

                                      We have an ad coming out in the Equiery, we did not advertise in any other equine pubs since pretty much everyone reads the Equiery, and some of the serious people who have come out were QH people.
                                      Man plans. God laughs.

                                      Comment


                                      • #59
                                        <BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by DakotaTA:
                                        Ours has been on the market about a month. .

                                        We have 50 acres, 8 stall barn, 2000+ SF Craftsman style house that was built in 1948, pasture, creeks, woods, and privacy, asking $275,000. No offers yet. Sombody buy my place! </div></BLOCKQUOTE>


                                        WOW! If that was in WA I'd be right over! Sounds like my dreamfarm.

                                        Comment


                                        • #60
                                          Oh man you are making me sick. Why can't I talk my SO into moving??

                                          We live in a semi-bad nieghborhood in a 900 sq ft house that needs work, built in 1949 with no lot to speak of and a 1 car garage. It's now valued at 475k and houses around me sell for more than asking price within a week on the market. 8 miles down the road is Orinda, where the cheapest house in the city is 800k and anything selling for less than a million has a waiting list. Again for small old houses.

                                          I just pray the market hold around here until Nov 2006 when we can sell!
                                          On the Internet, nobody knows you're a dog

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