Beginning November 3, landowners will be able to buy and sell farmland, entirely online. “Farmland is a highly fragmented and opaque market,” says Steven Brockshus, Founder and CEO of FarmlandFinder, Des Moines, Iowa. “There are more absentee landowners today than ever before, farmers are looking for optionality when it comes to expanding their land base and getting access to reliable information about the farmland market is difficult. We’ve seen books, cars and houses start to transact online… why not farmland?”
Through the FarmlandFinder Offers platform, a landowner can request an offer on their land and receive offers from a private network of verified buyers in as little as a week. Once an offer is accepted, FarmlandFinder helps to navigate the rest of the process to ensure a seamless and stress-free transaction.
By digitizing the farmland transaction process, FarmlandFinder Offers can provide unique optionality to expanding farmers. Not only can they privately buy farms through the platform, but they can also expand their land base without taking on additional debt by partnering with an investor through the FarmlandFinder buyer network. This decreases the barrier of entry for beginning farmers and creates optionality for seasoned growers who are looking for unique ways to strengthen their balance sheets.