LandThink

In earlier articles, I’ve discussed the ways that sellers approach determining the value of their sale property and some of the strategies sellers use in setting an asking price.

Once a seller finds his way to a dollar number that he thinks represents the value of his property, he faces a set of decisions about asking price. Should he set an asking price higher than, equal to or less than what he believes is the value of his property?

Land has always been involved in what we now call, rural economic development. Those who owned no land in rural communities were almost always poor. The larger the landholding, the more prosperous the owner was likely to be.

The seller’s asking price is one step in the sell-buy process that either encourages or discourages buyers from submitting a…

Russell interviews rural land expert Mark Skillman who has extensive knowledge of the sometimes complex and frequently changing land-use planning laws.