AGRi iMMO is a real estate agency specialized in agricultural properties in western France with three fundamental principles:
- expertise: to estimate the value of the property and to consider the intrinsic potential of the land and its location
- service: for visits, contacts with the appropriate persons and real-time follow up on the field, by telephone and on the internet
- trust: by a total commitment to your side in complete independence and transparency
Some tips to evaluate at the right price to sell or buy:
The last balance sheet is the central tool of this evaluation of the farm. However, book values should be replaced by market values that reflect the current market. The evaluation of buildings will depend on their degree of obsolescence, other parameters are taken into account such as their level of equipment or the possible investments of upgrades. Land property is a parameter that can significantly increase the value of a farm when owners want to sell. The valuation of the house can be tricky because its value depends on the local market, and obviously the proximity of farm buildings can lead to a discount. Finally, equipment, livestock and stocks (in silos or seedlings) are easier to determine because they are surveyed a few weeks before the actual sale.
For the buyer, having a crush on the property is essential, but the economic approach is also very important, it determines the potential profitability of the property via the EBITDA. The EBITDA must be used to pay bank annuities and to make private debits. The capacity to borrow from the buyer is thus to be compared with the price requested following the property valuation of the farm.
The mission of AGRi iMMO is to allow our sellers to sell the right price often the work of a lifetime, and our buyers to buy a viable and potential business that will allow them to prosper.