Anchor points indicate the latest upcoming real estate listings and sales results for the past few years.
I have worked with several realtors in many states over my lifetime. Some good and some not so good. But I have to say, working with the Peacock team, Chris and Lauren, has be an amazing experience for me. I had never met them before, but it didn’t take but a few minutes to feel comfortable with them and I could tell they were really on the ball. I had a time crunch I was in wanting to get a farm sold by a certain date. I knew it would not be easy but they jumped right into action and had interest in just one day. That was amazing.
After a lot of work by the Peacock team they had me a buyer to fit my time line I was needing. Their hard work and long hours, even over a holiday, got the job done. This has been the most impressive and professional team I have ever worked with!!
Auction or Private Sale
Our recommendation is that you enter the sale process with an open mind. If asked, Halderman will make a recommendation as to which type of sale is best for your farm. This recommendation is based on the method we think can best achieve your goals and the property itself. Some farms naturally lend themselves to one type of marketing system. For example a bare 80 acres in a location that typically has a lot of competition is likely a good auction candidate. In contrast, a highly improved swine operation is probably better sold as a going concern via private treaty.
Should I sell my farm?
This is a question only you can answer. Halderman Companies can help you determine what you might expect in terms of sale price and can describe the current marketplace vs the historical trends. We can also help you think about tax scenarios and family estate planning issues and put you in contact with attorneys or accountants, if needed. Once you have the information you can make a more informed decision on the timing of a sale.
What is a fair price?
Prior to selling Halderman can assist you in determining a sale price range and even complete an appraisal, if necessary. Using this information we will assist you in determining an asking price in a private sale scenario and a release price for an auction sale. Of course the fair price is determined ultimately by the market where a willing seller and a willing buyer agree on a price and terms. This can be achieved via a well marketed auction where there are a number of bidders in attendance and active bidding. It can also be achieved via private sale marketing and subsequent negotiations.
What type of appraisals does Halderman offer?
Halderman offers a variety of appraisal services ranging from market valuation to a complete detailed report for accredited, loan, estate, certified or court testimony appraisals. Reasons you may find yourself in need of an appraisal include: a property sale, condemnation proceedings, conservation easements, property purchase consideration, division of property among family members or a situation in which you may need a market value appraisal.
What is the difference between a Certified Appraisal and a Broker Price Opinion (BPO)?
Though they are both property valuations, they differ based on their intended purpose and the method in which they are conducted.
A Certified Appraisal is performed by a professional who has completed hours of education and training receiving a certified licensing to conduct certified appraisals. This type of appraisal is thorough and detailed typically for mortgage lending or various legal proceedings consisting of property condition, market trends and legal issues.
A Broker Price Opinion (BPO) is a type of appraisals that is less detailed and performed by real estate agents which can be completed quicker. Common purposes for this type of appraisal would be a foreclosure evaluation, pre-listing valuation conducted before a sale, or any situation requiring a quick marketing valuation.
Phone: 765.546.0592
Email: chrisp@halderman.com
Phone: 765.546.7359
Email: laurenp@halderman.com
Phone: 765.584.2227
Email: carlap@halderman.com
Phone: 765.546.0592
Email: abigailc@halderman.com
Appraisals can range from a market valuation to a complete, detailed report. Offerings include: loan evaluation, estate evaluation, sale, conservations easements and more. Many families, individuals, attorneys, financial institutions and investors make up our list of satisfied clients.
Our agents list and sell all types of real estate: live, online or sealed bid auctions, acquisitions or private sales. After thoroughly evaluating the property and engaging in discussions with the client, we will confidently recommend the most effective method of sale tailored to their needs. We are dedicated to ensuring a smooth and successful transaction that exceeds expectations.
We provide complete or partial management services to hundreds of farms across the US, coast to coast. Consulting and financial services are also available. All of our services are tailored to the individual landowner ranging from lease negotiation to complete management of the farm operation.
Randolph, IN - 137.04 Acres
Productive Cropland, Woods, Recreation
Madison, IN - 505.26 Acres
Productive Cropland, Development Potential, and Timber and Recreational Land
Wayne, IN - 418.82 Acres
Large Block of Contiguous Tillable Acres, Grain Storage, Well-Maintained Home, Excellent Road Frontage, Drainage Outlet
Randolph, IN - 120.32 Acres
Productive Cropland, Great Hunting and Recreational Land
Van Wert, OH - 160.83 Acres
Productive Cropland, High Percentage Pewamo Soils
Blackford, IN - 67.06 Acres
High Percentage Tillable, Productive Soils, Excellent Drainage Outlet
Delaware, IN - 625.86 Acres
Productive Cropland, Timber, Recreational Land, and Potential Building Sites
Hamilton, IN - 115.40 Acres
Productive Cropland, Potential Building Sites
Delaware, IN - 13.78 Acres
1,707,000 bu Grain Facility, 1,728 sq ft Ranch Home, Mainline Rail Access
Of those total Halderman managed acres, the Peacock Team manages 15,920+ acres throughout Central Indiana indicated by the anchor points below.
Why should I consider Farm Management?
As a farmland owner you own an asset of significant value. If you own just 200 acres that property could easily be worth more than $1 MM. What other investment of that size do you have that does not have a professional manager, watching it on a regular basis? Halderman Farm Management understands current lease terms and rates. We know the current technology available in agriculture. We make it our business to know the current USDA Farm Bill and how it can impact and benefit your farm. Our business is agriculture and specifically we know farmland ownership issues. We become your fiduciary and manage your farm like it is our own! We learn your goals and objectives and work to implement what you want to happen on your farm. The thousands of dollars you have in a mutual fund, or individual company is being managed by someone. Shouldn’t your farmland investment also be professionally managed?
How do I determine a fair rent?
The market determines the rent for any given farm. Therefore the best way to determine a fair rent is to do a competitive bid process on the lease terms you seek OR find out rents in the surrounding area and use them to compare to your farm and make your own analysis. Halderman Farm Management can execute both of these strategies on your behalf. This makes leasing your farm very simple. Turn over the management of your farm to us and we will make sure you maximize your current farm income opportunity and enhance the value of your farm over time.
How do I find a new tenant?
This process can be extensive if you are unfamiliar with the area around your farm. Start by driving the roads near your farm, learn the neighbors, see who is interested, talk to the county extension agent and local ag bankers for references. Work with the local ag vendors to see who are likely prospects. Go through a typical interview process and then once you’ve chosen some likely candidates begin negotiating. The alternative is to hire Halderman to do all of this for you! In many locations this work is already complete and known and therefore we are very efficient in this process and can deliver a few viable tenant prospects to you within a couple of weeks.
“My husband and I are appreciative of the work Chris and Lauren continue to do with our farm. As absentee land owners, there is incredible value in having local management especially when it comes to overseeing projects and knowing local contacts. They have helped us to negotiate our lease using local market information, coordinated projects to improve the value of our land and generally helped us to enjoy the land we own.
We certainly would recommend Chris and Lauren to other farm owners looking to manage their land.”
Click to sign up for the monthly newsletter directly from the Peacocks where they discuss land values, the current agriculture economy and the latest trends.
This quarterly webinar series features many agriculture professionals sharing their insight on the latest topics ranging from lending, economic landscape, and more!
Click to check out our podcast as our very own Robert McNamara interviews Lauren Peacock as to “how to market your property” and all details that may entail when selling.
Our team is deeply rooted in agriculture, bringing together multi-generational farmers, landowners, agribusiness experts, and ag brokers who confidently call this area home. We have a thorough understanding of the local economic landscape, encompassing soil productivity, inflation impacts, interest rates, and cash rents. We recognize the unique challenges and opportunities that our counties present, and we know that the best solutions often start with a thoughtful conversation.
Count on us as your trusted resource to help you achieve your farm goals. We’re committed to providing the insights and support you need to thrive in today’s agricultural environment.
