With the growth in land income over the previous two a long time, driven by a nationwide trend of customers hunting for second and third homes outdoors of urban facilities, Douglas Elliman Realty has introduced a new division to meet up with this increasing demand from customers.
Elliman Farm and Ranch will present extremely specialised support to purchasers and clients trying to find to acquire or provide land, farm and ranch homes. Comprising seasoned agents in Texas, Colorado, California, New York, Florida and Massachusetts, the new division will offer you personalized promoting options, tailored listing approaches, exclusive industry insights and access to some of the most outstanding farms and ranches in the state.
“The start of Farm and Ranch marks an enjoyable new chapter at Douglas Elliman Realty,” claimed Howard M. Lorber, Govt Chairman of Douglas Elliman. “We are regularly on the lookout for significant approaches to evolve in the at any time-transforming serious estate market, and we believe this will superior equip us to satisfy the wants of our clientele.”
There has been remarkable advancement in the farm and ranch sector due to greater migration from urban facilities to rural areas—a pattern notably reflected in the attractiveness of Yellowstone, 1883 and other romantic depictions of existence on the range. In accordance to facts from Elliman companion Knight Frank, 33% of all farmland promotions in 2021 were being way of living purchases. The firm produced its new division to tackle the individual demands of this booming authentic estate sector.
“Given the difficulties of the earlier two yrs, quite a few of our customers are hunting for more than just a 2nd home—they want the feeling of liberty and a further connection with the land that farm and ranch attributes offer you,” said Scott Durkin, CEO of Douglas Elliman Realty. “Drawing on our experience with equestrian qualities, we produced Elliman Farm and Ranch to serve a rising clientele for whom luxury is possessing room to selection and sweeping vistas to get pleasure from majestic sunsets. We are thrilled to launch in Texas, and we invite agents from around the place who specialize in farm and ranch opportunities to be part of us.”
The firm’s latest farm and ranch listings include things like 1270 CR 240 in Glenwood Springs, Colo., for $38,647,000, 3585, 3549, and 3531 Olde Hampton Drive in Wellington, Fla., for $35,000,000, 6 West Pond Travel in Bridgehampton, NY, for $16,000,000, 2561 Frying Pan Road in Basalt, Colo., for $15,950,000, 421 South Road and 16 Allen Farm Street in Chilmark, Mass., each individual readily available to rent for $10,000 a thirty day period, 6700 Sandy Hill Road in Brenham, Tex., for $1,995,000, and much more.