Real estate People do we need them!

[oneoff]

Your description can be perceived in several different ways.

"4 of us
met last week and would have cleaned him out in
30 days with money not wait till fall."

One interpretation could be that four farmers collaborated to divide up someone else's property. There were not four bidders; there was a collusion to limit bidding.
That could be seen as offensive; and borderline; if not downright illegal; and possibly the reason anyone not connected would have been given first chance.
Just a posibility; as I've seen it happen before. Warmed my heart too.

[Hopperbin]

Also sounds fishy, in one sentense you said the land was pot holes and not good in a wet year lower value, then after someone else buys you said you would have paid that price of top dollar. I am sure if look back a few years at your posts this land value was 50,000 per quarter. If you would openly state to the nieghbours maybe advertise in the local newspaper that you are looking for land and paying top dollar they or you both can pocket the realestate fees. The realestate fees are entirely the sellers cost, plus still need the lawyer yet so that is another cost. Some sellers may not realize that there is also lawyer fees. Land prices have just risen so fast that us locals are not bidding enough. Maybe the land is not worth that much. Maybe these investors just have too much money, they don't care to blow it, just want to move here. Also you don't know the selling price, isn't that all secret in fact? Is it even more or less than the stated price? I do think realestate agents are leaches and am surprised they are still in business now a days with the use of computor kijiji sort of system could put them out of business overnight. I believe they are over charging for their fees.

[bucket]

Or maybe your neighbor really didn't like you SF3.

If he is that much of a prick, keep the grain that's in your bins. At least make it difficult and point out the services you provided as goodwill.

[SASKFARMER3]

Here is the skinny. The four guys are neighbors
who the farmer quickly phoned before he signed
up with the real estate. We all know each other so
met over coffee. No collusion. All agreed. The real
estate is way over over valued, but everyone had
a price close to the same. After dust settled he will
get what we all bid with all fees deducted. So the
moral of the story is why do we need the real
estate?
One other note 3 years ago land was trading 50 to
75000 now 170 to 300.

[bucket]

Jesus, sell man sell. Come over here and you can buy land for under 80000. Never mind its only 30 bpa canola and 40 bpa wheat crops.

[hobbyfrmr]

One off has a point. In my area there is roughly
only 6 big farmers and 3 colonies in 2
municipalities. They could easily decide to have a
meeting and set rental agreements and purchase
prices. Truth of the matter is that there are very
few small to medium farmers left to pick up any
property that gets unencumbered.
When these BTO' retire multimillionaires, there
will be quite a void. 20,000 acres at a time. It's not
because the mid size guys don't want to, they just
won't be around anymore. Economies of scale.

[Hopperbin]

OK that seller is an asshole. Not much can do about that. Did he pay for his planting seed or is he going to stiff you?

[SASKFARMER3]

No I was holding off till he needed it.
All or nothing!
But the best part today the guy who sold
out with 8 quarters is phoning all us
neighbors trying to get us to sell to the
Chinese guy!
Lets just say that was a very interesting
conversation!!!!!!!!!!!!!

[Hopperbin]

Wow. I would have asked for the Chinese guys name and told the seller I don't need to pay real estate fees. Just for kicks. Then tell him you sold for 30 percent more money without real estate fees and your farming your own land back now for less rent than he is paying. Really like **** the guy up LOL.

[SASKFARMER3]

Report on the Chinese guy is he is a
English prof (yes very educated not a
migrant farm worker Me Bad) his wife is
a doctor. They did not come from Hong
Kong But Beijing. They want to plant
different crops and ship back to china.
They want FCC to finance their shipping
operations for this venture. Hm FCC is
getting tough on Canadian Farmers trying
to buy land changing rules for whats
needed for security yet it is looking to
finance these new super farmers to ship
food out of canada back home! Oh wait we
cant do nothing about it cause they are
becoming Canadian Citizens so it would
be discriminatory. Yea like their is any
law in China like that. In China the Gov
has a problem with you, your whole
family just disappears.
Its a plan to get food back to china and
not have to pay for it from Canadian
FArmers.

[Hopperbin]

Hmmmmmm did I tell you one time that the Chinese peasant has 5 times your education??? And don't kid yourself they don't need FCC, they just know every gov't program there is. They know our country better than we do. Your still underestimating.

[Hopperbin]

What do they plan to grow?