4 Reasons Why Your Kentucky Horse Farm Isn't Selling
Posted by Hill Parker on Wednesday, August 17th, 2016 at 9:30am.
Has your Kentucky horse farm or property been on the market for a while and you just don't understand why it's not selling? Don't worry, there's a good selection of farm buyers out there and we've got tips for sellers to ensure a quick and lucrative sale. Selling your horse farm is not as simple as selling a single-family home and there's a lot more that goes into the sale of a property. Keep reading to learn why your farm might not be selling and how you can easily fix it.
Lack of Maintenance
The most obvious reason your horse farm in Kentucky might not be selling is maintenance. Is the paint old and chipping? Is your barn a disaster? Spend a decent amount of time sprucing up the property with new paint, repairing your fence and ridding the area of weeds. Buyers want to see a property that looks like it has been impeccably maintained, rather than a farm that will potentially come with a lot of issues and repairs. Take some time to landscape and really make your farm really stand out. Or look into these horse farm staging tips.
The barn on a horse farm is easily one of the biggest selling points for potential buyers and as such, it should look as good as possible. Many veteran farm buyers understand how difficult it can be to keep your barn looking clean and tidy but this isn't the case for those on their first rodeo. It's so important that your barn shows as well as possible. If your stable has cobwebs, stalls aren't swept and generally looks neglected, you likely won't be able to sell your farm. Buyers don't want to inherit problems so make sure your barn is sparkling. Put down some fresh shavings and add rubber mats to stalls, showcasing your commitment to maintenance.
Using A Residential Real Estate Agent
If you're using an agent without an equine background, you could have trouble selling your farm. Using a horse farm specialist will help properly market your property to the right type of buyers. We know what buyers are looking for and what the market in your area looks like. And selling a 20-30 acre farm is very different than selling a home. Turftown Properties has you covered and will help you price your property competitively.
Pricing your horse farm properly is critical to selling it. Sellers who price too high or too low run the risk of scaring off potential buyers. Imagine viewing a horse farm that is incredibly inexpensive. You'd begin to wonder what's wrong with it and what problems the farm is facing. It seems too good to be true. On the other hand, if the farm is priced too high, it likely won't sell. The longer a property is on the market for, the less likely it is to sell for what you want or what it's worth.
Whether you're selling a horse farm in Georgetown, Paris or in the greater Lexington area, you should get in touch with a real estate agent that specializes in horse farms. We can help create a marketing proposal for your farm to ensure it sells for top dollar and quickly.