B
Bobom
New Member
Not sure whether this is an appropriate thread topic, but if anyone can give advice I would appreciate it:
My family owns some farming land and was approached by a large property developer for quite a large site - around 100 acres. Our land agent recommended accepting their offer.
We did some research and found the offer was not to our advantage, and that our land agent was probably being paid by the developer. We backed out of the agreement.
It's clear that the site has potential, however, and we have since approached another, smaller development firm ourselves and have been pleased with negotiations on developing the land.
We are rather mistrustful of land agents after our earlier experience, and want to understand and keep tabs on the whole project ourselves. But now that we are negotiating a proposal for development we are aware that we don't have the necessary experience to know whether we are getting a good deal or a fair price.
If anyone could give us advice, we'd be very grateful:
- What are the advantages of using a land agent?
- How can we find one we can totally trust?
Thank you!
My family owns some farming land and was approached by a large property developer for quite a large site - around 100 acres. Our land agent recommended accepting their offer.
We did some research and found the offer was not to our advantage, and that our land agent was probably being paid by the developer. We backed out of the agreement.
It's clear that the site has potential, however, and we have since approached another, smaller development firm ourselves and have been pleased with negotiations on developing the land.
We are rather mistrustful of land agents after our earlier experience, and want to understand and keep tabs on the whole project ourselves. But now that we are negotiating a proposal for development we are aware that we don't have the necessary experience to know whether we are getting a good deal or a fair price.
If anyone could give us advice, we'd be very grateful:
- What are the advantages of using a land agent?
- How can we find one we can totally trust?
Thank you!
