We buy your land at market value. Market value is determined with the help of a standard third-party appraisal through a local licensed appraiser.

Our processing fee is 4% of the purchase price. There is also an annual Flex Choice Agreement fee of 2% of the purchase price, which provides you with the right to repurchase the land at any time or direct us to sell it on the open market (see Flex Choice Agreement section for more information).

So, if we buy your land for $1,000,000 our upfront fees that you will pay at closing are 6% or $60,000. Additional annual fees will apply.

Closing Costs
Seller and Buyer each pay their traditional real estate closing costs during the initial transaction. Each transaction will differ based on the value of the land and the rules/practices of that local jurisdiction.

Annual Cash Rent
Rent is set to market for the area that the property is located using an independent 3rd Party Analytics vendor and local research as the data source. The cash rent price is discussed in advance with you and included in our Purchase Agreement, so the amount is always known prior to signing. After the Purchase Agreement is signed, we will send you the Cash Rent Agreement for review.

Rent is agreed upon in advance of the closing and will increase annually by 2.5% or CPI-U Ex-Food and Energy, whichever is greater.

Each lease is designed to annually renew for the duration of the program, which can be up to 3 years. Alternative program durations may be considered upon request. At any time, the Flex Choice Agreement holder can inform us that they want to buy back their land or to have us sell it on the open market. There is no penalty for using your Flex Choice Agreement to end a lease early.

A key element of the transaction is offering customers a Flex Choice Agreement allowing them to control the timing of the next sale of the land by buying back for the agreed upon Buyout Price (see the Buyout Price section for more information) or directing us to sell it on the open market. 

The land may go up or down in value and the Flex Choice Agreement holder retains financial exposure to the next sale. While the Flex Choice Agreement allows you to receive any and all upside if applicable, if the land goes down in value you will never have more financial risk than the Buyout Price and applicable fees and costs.

The annual Flex Choice Agreement fee is 2% of the purchase price. The first year’s fee is paid at closing when we purchase the property, and any remaining annual Flex Choice fees are paid at the time the property is repurchased or sold.

The Buyout Price is the amount of money you will pay to repurchase the property. In addition, you will pay any unpaid Flex Choice fees or other amounts owed to us at that time.

If you choose to direct us to sell the property on the open market, the Buyout Price will be retained by us from sale proceeds when the property is sold to a new party. In addition, we will also withhold any Flex Choice fees and any other amount owed to us at that time.

The Buyout Price is discussed in advance with you and included in the Flex Choice Agreement, so the amount is always known prior to signing.

The timing decision is 100% in your control as the Flex Choice Agreement holder (the former landowner and now tenant/renter).

When you choose to exercise your Flex Choice Agreement, there is a second real estate closing and either you repurchase the land from us, or we sell the land to a new party.

If you choose to use your Flex Choice Agreement to repurchase the property, you will pay the Buyout Price plus any Flex Choice fees, as well as traditional real estate buyer’s closing costs and any other amount owed to us.

If you choose to use the Flex Choice Agreement to direct us to sell on the open market, we will retain the Buyout Price from the sales proceeds. We will also retain the Flex Choice fees, real estate broker fees and any other amounts owed to us. Additional proceeds above these amounts will be paid to you.

The land may go up or down in value and the Flex Choice Agreement holder retains financial exposure to the next sale. While the Flex Choice Agreement allows you to receive any and all upside if applicable, if the land goes down in value you will never have more financial risk than the Buyout Price and applicable fees and costs.