Full MLS® Listings Service - When you List your Land with with us it goes on the multiple listing system (MLS®) which benefits you because we work with all the Realtors in a co-operative to get properties sold. Your property goes on 1000+ websites. You may be surprised to hear that some large local companies selling farm land in SK do not put your farm land on the MLS® or even worse they will do an in-house exclusive listing which is not marketing it on the MLS® either. This is a costly mistake for the seller and very profitable for the Realtor® because they don't have to share any of the commission with the other Realtors®. Why this matters is by not co-operating with other agents they are excluding a lot of buyers if not the majority of buyers out there looking for farm land in SK. We list all of our farmland on the MLS® and don't play games with your equity ensuring you get maximum exposure and top dollar.
Drone - We have a drone that takes high definition photos and videos of our listings from the air. Many of our buyers purchase land sight unseen these photos/videos provide re-assurance and ultimately means a quicker and easier sale for the you.
Database of Buyers - We have a large database of buyers, some of our buyers are always looking for farmland and some are small local investors and farmers.
Negotiate on your behalf - Most sellers are not aware of all the factors affecting the marketing of their property. Buyers quite often are not comfortable dealing directly with the Seller. This situation leads to lost opportunities for sales.
Code of Conduct - Realtors ® are committed to providing a high level of service to you and to selling your property Realtors ® are bound by a strict code of ethics and as such Sellers and Buyers know that when they use a Realtor ® they will be treated Honestly & Truthfully.
Realtors ® get paid when you sell – When your property sells, for the price, terms and conditions you accept, only then does your Realtor ® get paid. Commissions cover all expenses incurred by the Realtor ® / Brokerage during the listing period and selling process including all advertising, promotion, travel, office, showings etc. If the Listing contract expires prior to the property selling, there is no cost to the Seller.
Important Tax Information for Selling Farm Land in Saskatchewan
Did you know there is a lifetime $1,000,000 dollar capital gains deduction for a qualified farm when selling land in Saskatchewan. This is as long as the farmer farmed for a long time, then this $1,000,000 is tax free. Also if the farmer has a spouse who was involved in the operation or benefited from it then there is another $1,000,000 exemption for the spouse.
The current rules for getting this exemption the land must be owned for two years before selling it, and for those two years their gross farm income must exceed all other income sources.
This is an important point, if you are receiving the Old age security pension, you will have to pay this back in the years you are claiming the exemption.
There is also the alternate minimum tax, for a farmer claiming $500,000 this could be as high as $35,000. This tax will then be refunded to the farmer over the next seven years if the farmer owes taxes in those years.
The capital gains exemption is a lifetime exemption, so if you sell $500,000 now. You will have $500,000 worth of exemption for the future.
If you have any further questions on this please talk to your accountant.
Here are a few previous sales;
We sold this land in the RM of Edenwold for $9639 per acre, the highest sale ever recorded on the MLS in the RM of Edenwold for farm land on a per acre basis.
We sold this land Rm of Edenwold for $5161 per acre and is the second highest sale for farmland in the Rm of Edenwold on MLS on a per acre basis.
We sold this land in the Rm of Sherwood for $5607 per acre.
We sold this land in the Rm of Sherwood for $3930 per acre.
We sold this land in the RM of Bratt's Lake for $3691 per acre.
100's of properties sold
Specializing in Ranch and Farm Properties
Family used to farm in Holdfast and Dinsmore Area