Leasing Land?

The biggest thing to keep in mind as a landowner is transparency with your tenant and to make sure everyone is on the same page and understands the term and expectations of your farm lease.

Continue reading

Do you need an appraisal?

What do I need an appraisal for? Who can I get to do an appraisal? Will it complete within my deadline? These are only a few questions that come to mind when trying to figure out the burning question: Do I need an appraisal?

Continue reading

Happy Thanksgiving!

We want to wish everyone a Happy Thanksgiving and a blessed holiday! We are thankful for our clients and look forward to serving you throughout the season.

MEET THE OWNER:
Ethan Sorensen

Ethan Sorensen is the founder and owner of NextAg Appraisal & Realty. He grew up on a third-generation family farm in Northeast Nebraska where he is still active in the family farm operation. Ethan’s unique background allows him to understand the generational transition of agricultural assets and “talk the talk” when it comes to your properties.

Ethan holds real estate broker credentials in Nebraska and Iowa and is a Certified General Appraiser in Nebraska, Iowa, and Kansas. Ethan is a 2014 graduate of the University Nebraska – Lincoln with a bachelor’s degree in Agribusiness.

In his free time, Ethan likes to play golf, attend husker football games, and do woodwork. He and his wife, Taileigh live in Lincoln with their son, Louis, and welsh corgi, Pip.

FARM MANAGEMENT:
Why is it important?

For an investor to benefit from the asset’s total appreciation, good farmland management is essential. Nowadays, farming involves more than just growing crops; landowners and farmers also need to take care of issues like profitability, fertility, conservation, and taxes, to name a few. To maximize the growth and revenue of investment farms, a qualified and experienced farm manager is crucial.

A tailored farm management plan and oversight will align the interests of the farmer and landowner to maximize their return on investment because not all farms are made equally (ROI). To run a farm effectively, one must concentrate on the following things:

  • Profitability
  •  Production
  •  Conservation
  •  Capital Improvements
  •  Communication
  •  Leasing
  •  Fertility
  •  Insurance
  • Taxes

The degeneration of agriculture or a severe loss in ROI can result from…

READ MORE