Chris Faulkner, Associate Broker, Faulkner Real Estate talks about pertinent market information regarding land and farmground sales in Southwest Kansas. Buyers and sellers of land and farm ground in western Kansas can look to this blog for up-to-date market information.
Found 10 blog entries about Southwest Kansas Farm Ground - Chris Faulkner.
Mark Faulkner, owner/broker of Faulkner Real Estate, Inc., and his southwest kansas real estate team are gearing up for this year's 3i Show in Dodge City, Kansas. They're excited to see some familiar faces and likely a lot of new ones.
Faulkner has a lot to be excited about. The last few years have been record farmland sales years for the Faulkner team of auctioneers utilizing their Private Auction sales system-a method Mark Faulkner invented 18 years ago. "The method is something I dreamed up for a multi-parcel farmland sale with farms and ranches spread over several counties and two states. The Private Auction combines the advantages of a private treaty sale with the excitement, and unlimited price potential of a public land
Have you ever stepped back and thought
about all of the available avenues for marketing real estate in western Kansas?
Your mind can spin out of control and so can your bottom line. Do you place an
ad in the paper, what about the local cable channel? Should I write a blog?
Post it on Craig’s list and hope I don't get scammed? Advertising can be
complicated and expensive. Luckily we've got a solution. Have a seat, pause
your mind and leave it to us.
Our Marketing Mix:
Professional print publications
Local cable advertising
Social media through Face book- ads, updates...
Online presence on Faulkner
Real Estate and syndication through MLS, LandWatch.com, LandsofAmerica.com and their nearly 150 partner websites
Effective July 1, 2011, wind and solar project developers in the
state of Kansas are subject to a number of new requirements. These new
requirements were proposed in Kansas Senate Bill 227,
which was introduced by the Senate Committee on Ways and Means, chaired
by Senator Carolyn McGinn. The Bill passed through Committee and the
Kansas House and Senate in a mere three weeks, and was signed by Governor Brownback on April 13, 2011.
The new requirements fall into the following categorie:
Severance of Wind and Solar Rights:
The statute states that no person other than the surface owner of a
tract of land shall have the right to use the land for the production of
wind or solar generated energy unless granted such right by the lawful
owner of the
An article in the Garden City Telegram caught our eye this past week. Whitey Whitehill writes about the importance of this time of year for land owners who have their land leased. According to Kansas law cancellation of land and pasture leases must be 1. In writing 2. at least 30 days prior to March 1st. must fix March 1st as the termination date. Remember February doesn't have 30 days in it, so your Kansas verbal land leases must be terminated by January 31st. Of course the best way to prevent a lapsed deadline is to more clearly spell out your lease in writing. There are many good attorneys in our area that are familiar with Kansas lease laws and that can help you ensure you have a sound and equitable agreement. Anyone interested in seeing a sample
I cannot believe it's been 25 years since my father, Mark struck off on his own and started Faulkner Agency in a tiny (600 square foot) office on main street in Ulysses, Kansas. I remember helping he and my mom, Suzanne, scrape the old tile (probably asbestos laden) off of the concrete slab floors of their new office space. The office was a modest cinder block building with barely enough space for a few desks. Over time the business grew and my family made the big decision to knock a hole in the north wall of our quaint office and double our space to a modest 1,200 square feet. Our office space wasn't the only thing that changed over time; our name did too. As I mentioned above, we started as Faulkner Agency. Dad was a born salesman and
The topic on everyone's mind in agriculture around the rich crop producing lands of Western Kansas is how high will land prices go and will the market continue it's climb upward. Land prices in Kansas continue to increase and have enjoyed appreciation of nearly seven percent according to a recent article in The Progressive Farmer by Victoria G. Myers.
Perhaps the perfect introduction to this topic is also taken from this same article. Victoria states,
"The federal deficit is ballooning, the housing market is teetering on another trip to the basement, unemployment lines keep getting longer, taxes are poised to climb, and the stock market seems a little schizophrenic. In the midst of all this frenetic noise, the agriculturalland market keeps quietly
Faulkner Real Estate contracted
2,880 acres for 5 Sellers in 5 counties in Kansas in January. All
properties were sold using our "Private Auction" (bid by phone) sales
method developed here in Ulysses, Kansas by Mark Faulkner 11 years ago.
The "Private Auction" still proves to be the popular choice for our
Buyers and Sellers of farm ground in Southwest Kansas. Of the 2,880
acres sold much of it was in CRP or expired CRP with about 960 acres of
Irrigated ground being sold as well. Land prices remain strong as
Buyers take advantage of thousands of acres of CRP coming out of
production. Everyone always asks, "Why are people selling?" Well,
there's not one answer. Some farmers are selling their land because
Western Kansas and Easter Colorado Land Sales Strong in 2010.
Faulkner Real Estate, is celebrating another record breaking year of residential and agricultural sales in Western Kansas and Eastern Colorado. We ended 2009 with just over 160 land, home and commercial real estate transactions on the book in over 9 counties in Kansas and Colorado. After the record setting pace of land sales, mostly production farm ground, over the last 2 years the US economy hit the wall. Many spoke of depression and the economic outlook was bleak. However, in the mighty midwest conservative values and good business principles kept us, while not untouched, less affected by the economic downturn.
Land appreciation did level slightly in 2009 compared to 2008, but still
Conservation Reserve Program Land (CRP) Selling Well (edit/delete)
Many farmers in the Western Kansas and Eastern Colorado region have expressed concern to me about the millions of acres to come out of CRP in the coming years. In 2009 alone we saw thousands of acres come out of the program and much of it come up for sale. Many feel that the increase in supply will decrease demand. While this theory is well proven and mostly true. Currently there has not been enough over supply to decrease demand.
In fact in some cases it is causing the opposite reaction. Many farmers are seeing this an an unprecedented opportunity to obtain the land they've sought for years that was tied up by CRP and absentee owners. Now that CRP is not as a viable investment option
For years now I have been dreaming of developing a more powerful, and useful, website for our customers. Although our market area is small by population we reach a very large geographic demographic. So, after several months of planning and talking and planning some more we have released www.faulknerrealestate.com 3.0.
This new website offers more tools for real estate buyers and sellers in Western Kansas than ever before. Now our customers can have the most up-to-date information on residential, agricultural and commercial real estate at their fingertips. Our new site offers so many amazing features you'll have to spend some time poking around to appreciate them all. However the following will stand out to you right away: