Agricultural Estate Agents Flashcards
1
Q
Which 3 areas do agricultural estate agents specialise in?
A
1.) Farms
2.) Agricultural land
3.) Large rural estates
2
Q
Agricultural land?
A
Land used to produce food for humans.
3
Q
Why is the agricultural and rural sector a challenging market?
A
- Property deals are often managed privately
- Amongst the wealthy properties can be vast and therefore require significant funding unless bought by high net worth buyers
4
Q
What services do agricultural estate agents offer?
A
- Auctions
- Managements of the properties
- Deal making for domestic and international clients
- Client briefing
- Bespoke property search services
5
Q
Bespoke services?
A
Services moulded for a particular customer
6
Q
Why do agricultural estate agents provide bespoke services?
A
- To find a best fit area based on client briefing
- Client may be abroad & might require details and video tours
7
Q
The specialised nature of the agricultural estate agent role means that these agents must have…
A
- Deep relationships in the community they serve
- Deep understanding of the relevant laws
