You need to know many important things to start a horse business. But to sell an equestrian business, there are just a few main points you should remember. To sell your horse property, there are some steps you should go through to get ready. This is done before you offer anything to your potential customers. Here’s how to prescribe a step-by-step profitable selling plan for your equestrian property.
#1 Know Your Territory and Property
First and foremost, you need to know your territory and property. You are the owner, so you are the one who knows every good and bad aspect of your land and what’s located on that land. Consequently, it’s your obligation to communicate all of these details to your potential buyers. This way, they get a full picture of what you are offering. Here are some things you will want to check and then include in your description:
- Land: Are there any slopes or heavily wooded areas? Are there any marshy areas? Poorly draining soil is not advisable for a horse facility, so a potential buyer might not be thrilled if you do have such areas. Inform them about it, but don’t make a big deal out of it.
- Barns: Do you have a bank barn? Or do you have a pole barn? Or do you have a shed row? Do you have a place for hay storage? How many bales do you have? How many stalls are there? All of these are crucial for a horse farm, so your buyer will want to know if you have them.
- Keeping Tack: Is there a place to store equipment? Everything from bridles to blankets to saddles needs a special place for storing.
- Feed Room: You probably have a feed room because it is essential for feeding horses. Check how good its state is and fix any issues that might stand out.
- Fences: Fences may seem like something But they are the ones keeping trespassers away, keeping horses inside, and circling your territory to define it better. Make sure to check your fences and fix them if necessary.
- Ride Out: Do you have any riding trails or areas off the property that are allowed for equestrian use? Inform your potential buyers about the ride out opportunities so they don’t get surprised when someone accuses them of riding in the wrong places.
- Access for Specialists: Specialists such as vets, farriers, and trailers will probably be visiting your estate from time to You need to make sure there’s access for them – and then report this to your potential buyers.
- Storage and Parking: Lastly, farm equipment storage and parking are both integral to your equestrian estate. Check how good these spaces are and whether they require any improvements before selling the estate.
#2 Organize Legal Documentation
Once you know everything you need about your property and land, you can move on to organizing legal documentation. It’s good to obtain an updated title commitment and create accurate maps of your land and property. Documents on access and easements should also be prepared with other legal documentation.
As Christina Richie from essay writing service reviews site Pick The Writer puts it, “It’s crucial that you get the legal aspect right and avoid any potential issues that could come up in this sense. You don’t want legal problems when selling your equestrian property. It may only further complicate things for you and your buyer.”
#3 Prepare Agricultural Records
Legal documentation isn’t the only part of the papers you should prepare – there are also the agricultural records. These are all kinds of records that are related to the natural resources found on your land. Here are just some examples of agricultural records that you will want to prepare:
- Water Rights: Water is an essential resource, so you will want to make sure that you own the necessary water rights and that they are documented properly. Anything from deeds to flow records to permits should be collected and kept together – and then presented to potential buyers.
- Mineral Rights: If you have ever had a mineral report done, then make sure it is prepared with all the other documents you get. If there is any production going on your land or nearby, it should also be noted.
- Leases: These include any grazing permits you got, Bureau of Land Management and the United States Forest Service leases, environmental assessments, and leases for agricultural or hunting purposes.
#4 Get the Recreational Records
Like agricultural records, recreational records are also very important, so you need to make sure to prepare all of them in due time. As the owner of the land and property, you will possess the necessary knowledge to describe your horse estate in a unique and appealing way.
As Jordan Pines from essay writing service reviews site Writing Judge says, “You need to make your equestrian estate seem unique and interesting – even if you know that it is just another horse farm like any other in the area. If you want to sell it fast and for a good price, it’s your job to make it look as good as it can.”
Final Thoughts
All in all, selling equestrian property requires you to know your estate and prepare certain documentation to be able to put together an appealing offer for your potential customer. Use the tips in this article, and you will be able to sell your horse farm for a good price.
Written by John Edwards. He is a writing specialist who is looking for ways of self-development in the field of writing and blogging. New horizons in his beloved business always attract with their varieties of opportunities. Therefore, it is so important for him to do the writing. Social Media: Linkedin and Twitter
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