DES MOINES, IOWA (November 2, 2020) - FarmlandFinder announced today that they’re launching the first online marketplace for farmland.
Beginning today, landowners will be able to buy and sell farmland, entirely online. “Farmland is a highly fragmented and opaque market,” says Steven Brockshus, Founder and CEO of FarmlandFinder. “There are more absentee landowners today than ever before, farmers are looking for optionality when it comes to expanding their land base and getting access to reliable information about the farmland market is difficult. We’ve seen books, cars and houses start to transact online… why not farmland?”
Through the FarmlandFinder Offers platform, a landowner can request an offer on their land and receive offers from a private network of verified buyers in as little as a week. Once an offer is accepted, FarmlandFinder helps to navigate the rest of the process to ensure a seamless and stress-free transaction.
“Farmland is the foundation for 5% of America’s annual GDP,” says Amanda Donohue-Hansen, Managing Director at Cultivian Sandbox and FarmlandFinder Board Member. “Farmland is valued in excess of $2.5 trillion with a staggering 10% -- $250billion - transferring hands in the past 5 years, most of it offline and private. Even more of America’s farmland is projected to change hands in the coming years with generational turnover and growing interest in farmland as a financial and environmental investment.”
By digitizing the farmland transaction process, FarmlandFinder Offers can provide unique optionality to expanding farmers. Not only can they privately buy farms through the platform, but they can also expand their land base without taking on additional debt by partnering with an investor through the FarmlandFinder buyer network. This decreases the barrier of entry for beginning farmers and creates optionality for seasoned growers who are looking for unique ways to strengthen their balance sheets.
“At Cultivian Sandbox, we believe that if there was ever a time for a digital revolution in farmland, the time is now and FarmlandFinder is its pioneer platform,” says Donohue-Hansen. “We align with FarmlandFinder’s values to make farmland real estate transparent and accessible to all. We’re proud to support its launch of the Offers Platform to make farmland sales simple, instant and online.”
FarmlandFinder is the first online marketplace for farmland. The Des Moines based company is bringing transparency and liquidity to the agricultural real estate market by providing a digital framework for farmland transactions to occur. The company mission is to make land sales simple, instant and online. To learn more, visit www.farmlandfinder.com.