Philpot: Farmland is surprisingly liquid because neighboring farmers buy available parcels
Brian Philpot · Brian Philpot – Financing Farmers at AgAmerica (Capital Allocators, EP. 296) · Feb 9, 2023 · at 28:25
Brian Philpot, CEO of AgAmerica, addresses misconceptions about liquidity in rural agricultural real estate.
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“You think, oh, it's rural America, there's not buyers, but a good parcel of land a farmer wants to sell it rarely gets to a realtor. A lot of times it's being sold to the farmer next door, and they've got, they know someone that's going to buy it. So first off, the market's more liquid than people might realize, and has been that way.”
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