Accepting and Processing the Gift
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Develop gift acceptance policies
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Verify asset meets IRS guidelines
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Due diligence research
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Physical inspection
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Environmental risk study
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Verify evidence of clear title
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Appraisal - set value
Selling the Asset
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Auction or private sale
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Market analysis to determine listing price
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Prepare fact sheet brochure
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Conduct a professional marketing campaign
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Mail brochures to prospective buyers
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Negotiate sale terms
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Facilitate the closing
Accounting
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Process revenue and expenses
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Annual reports for income tax preparation
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Internet reporting available
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Ad Valorem tax payments
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Purchaser notifications
Administration
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Leasehold management
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Lease valuation and negotiation
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Operator selection
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Livestock and crop analysis
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Oil and gas production analysis
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Systematic property review and reporting
·
Review insurance coverage
Farmers National Company, an employee-owned company,
is the nation's largest farm management, real estate, and
oil and gas management firm with a focus on institutions.
Experience
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Since 1929, Farmers National Company (FNC) has managed
and sold properties for institutions, banks, and individuals.
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We are proud of our long-term client relationships.
Over 1,600 clients have been with FNC for 25 years and more than 200 clients
have been with FNC for over 50 years.
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Our company has 200 employees and over 200 real estate
agents.
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2.5 million acres of real estate in 23 states are
currently under FNC management by over 90 professional farm managers.
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Our oil and gas management team includes 25 oil and gas
professionals including Certified Mineral Managers, Division Order and Title
Analysts, Petroleum Engineers, and Certified Professional Landmen.
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FNC manages over 70,000 oil and gas properties in 34
states.
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FNC's real estate agents have sold over 2,000 farms in
the last four years as well as agribusiness sales and home sales.
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Our State-Certified Appraisers can conduct valuation
assignments nationwide.
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Additional services include insurance, consultations, lake
management, and a national hunting lease program.
For more information on Farmers National Company
and our services, please visit our website at www.FarmersNational.com or contact Jim
Farrell at 1-800-346-2650 or jfarrell@farmersnational.com.