Farm Brokerage | Michigan CE Marketplace #
3 Elective Credit Hours | Online Audio and Text Course| No Tests
This comprehensive 3-hour course is designed for real estate professionals specializing in farm and ranch properties. It provides essential knowledge for mastering brokerage, valuation, and contract management specific to rural transactions. The course covers critical topics such as land and water rights, zoning, environmental considerations, and financing options, equipping participants to navigate the complexities of farm and ranch sales. Upon completion, attendees will be prepared to serve agricultural communities with confidence and expertise.
Description
Tailored for real estate professionals in Michigan who focus on farm and ranch properties, this online course prepares participants for the demands of rural and agricultural transactions. It offers insights into brokerage, valuation and contract management. The ways property rights, environmental laws and financial planning factor into the success of a sale are also covered.
Upon completing this course, students will be able to:
- Differentiate between the unique challenges of farm and ranch brokerage versus traditional real estate transactions
- Address the emotional and financial considerations of agricultural buyers and sellers
- Identify factors that can affect property valuation, such as soil quality, water resources, crop yield and livestock production
- Apply the different valuation methods used for ranch and farm properties, including the Cost, Income and Sales Comparison approaches
- Understand how environmental regulations influence agricultural property value
- Interpret and craft farm and ranch contracts, including mineral, crop and water clauses
- Explore traditional and alternative financing options available to rural real estate clients
- Explain the role of metes and bounds in rural property descriptions
- Evaluate infrastructure needs, zoning rules and water rights for agricultural sales
- Confidently guide clients in meeting regulatory requirements during property transactions