The Big Buck Impact On Land Prices

In this episode of the Nine Finger Chronicles, host Dan Johnson speaks with Nick Skinner, a farmland real estate broker from Iowa. They discuss Nick's journey in starting his own business, the dynamics of family life, and the challenges of parenting. The conversation shifts to the intricacies of managing high-end farms, the evolution of hunting culture, and the impact of non-resident landowners on local hunting opportunities. They also explore the financial aspects of buying land, the importance of marketing in land sales, and the future of land ownership in Iowa.

Takeaways

• Nick Skinner started a farmland real estate brokerage with his brothers.
• Family dynamics play a significant role in business success.
• The hunting culture has evolved, impacting land values.
• Non-resident landowners are changing the landscape of local hunting.
• Marketing is crucial in selling high-end properties.
• Interest rates are a major factor in land price increases.
• Local farmers often have a strong relationship with landowners.
• Finding unmarketed properties can be a strategy for buyers.
• Understanding the financial implications of land ownership is essential.
• Building relationships can lead to better land acquisition opportunities.

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