LANDFLIP, the premier online land for sale marketplace for connecting land buyers and sellers, announced today a new partnership with PotlatchDeltic, a leading Real Estate Investment Trust (REIT) that owns nearly 1.9 million acres of timberland in Alabama, Arkansas, Idaho, Minnesota, Louisiana and Mississippi. PotlatchDeltic, a leader in sustainable forest practices, is committed to providing superior returns to stockholders through long-term stewardship of its forest resources. The company also conducts a land sales and development business and operates wood products manufacturing facilities through its taxable REIT subsidiary.
PotlatchDeltic enters into the new partnership with an eye on enhancing brand awareness and maximizing exposure for a percentage of the REIT’s holdings that has a higher and better use than timberland or is no longer strategic, and then sold exclusively through a Preferred Broker Network.
As the only top-ranked land listing platform privately owned and operated by former land brokers, LANDFLIP draws countless motivated buyers from the U.S. and abroad to their network of sites. Utilizing LANDFLIP’s network of websites will drive significant additional exposure to PotlatchDeltic’s recreational, hunting and timberland properties, ranging in size from 10 to over 200 acres.
“Partnering with LANDFLIP is a great fit for us, because it provides a terrific way to reach the recreational land buyers that are so important to our business,” said Bill DeReu, Vice President of Real Estate for PotlatchDeltic. “It’s essential to help each of our buyers in finding the perfect property, while providing helpful information along the way, and LANDFLIP is a go-to resource on both fronts.”
PotlatchDeltic’s Preferred Broker Network is made up of brokerages in the states where it owns and sells property and are among the top land brokers in Alabama, Arkansas, Idaho, Minnesota, Louisiana and Mississippi.
LANDFLIP enjoys a strong market presence in the Southeast region and provides land buyers with one of the most extensive inventories of land listings available. The bulk of the PotlatchDeltic Preferred Broker Network are existing LANDFLIP customers, substantiating the network as a powerful tool to elevate and expand their presence as top land brokers in the region that is the hottest market for land real estate.
Properties available through the PotlatchDeltic Preferred Broker Network offer buyers a rare ownership opportunity. Many of these properties have been owned and responsibly managed by PotlatchDeltic for over a half century. Guided by a dedication to and belief in sustainable land stewardship practices, PotlatchDeltic is committed to passing well-managed forest land on to future generations.
The LANDFLIP NETWORK, which was completely redeveloped and relaunched in 2016, delivers sought after land for sale directly to buyers based on their specific set of locations and preferences, helping more qualified buyers connect with top land brokers that make up the PotlatchDeltic Preferred Broker Network.
“We’re excited to team up with PotlatchDeltic,” said Ryan Folk, Founder of LANDFLIP. ” The land market is experiencing great momentum, and recreational property is one of the most sought after land types for potential buyers. PotlatchDeltic’s decision to partner with LANDFLIP will further enhance the reach of their Preferred Broker Network to a larger audience and offer the unsurpassed website advertising they need to get their listings in front of the right buyers. This sends a message to brokers that have been watching LANDFLIP for a while but have been holding out: Be smart and meet your buyers where they are.”
The LANDFLIP NETWORK is currently comprised of LANDFLIP and its five complementary land for sale websites, FARMFLIP, RANCHFLIP, LOTFLIP, AUCTIONFLIP, COMMERCIALFLIP and LANDTHINK, which provides land-focused knowledge and advice to land professionals, buyers and enthusiasts. Founded in 2004 and headquartered in Madison, Georgia, the LANDFLIP NETWORK offers an easy and affordable way to list, market and search for land online. Working together, these land-centric real estate websites create a stronger land community, closing the gap between buyers and sellers and laying the groundwork for more successful land transactions. For more information, please visit LANDFLIP.com.
PotlatchDeltic Corporation (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns nearly 1.9 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland land sales program. PotlatchDeltic, a leader in sustainable forest practices, is dedicated to long-term stewardship and sustainable management of its timber resources. More information can be found at www.potlatchdeltic.com.
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