|
|
|
In-Kind Donations and Charitable
Gifts of Real Estate
|
|
Services for
Universities, Endowments and Non-Profits
|
|
Farmers
National Company assists in facilitating the acceptance of
in-kind gifts of real estate and oil and gas properties
through the following process...
|
|
|
Accepting and Processing the Gift
|
Selling the
Asset
|
|
|
·
Develop gift acceptance policies
|
·
Prepare fact sheet brochure
|
|
|
·
Verify asset meets IRS guidelines
|
·
Market analysis to determine listing price
|
|
|
·
Due diligence research
|
·
Conduct a professional marketing campaign
|
|
|
·
Physical inspection
|
·
Mail brochures to prospective buyers
|
|
|
·
Environmental risk study
|
·
Auction or private sale
|
|
|
·
Verify evidence of clear title
|
·
Negotiate sale terms
|
|
|
·
Appraisal - set value
|
·
Facilitate the closing
|
|
|
|
|
|
|
Accounting
|
Administration
|
|
|
·
Process revenue and expenses
|
·
Leasehold management
|
|
|
·
Annual reports for income tax preparation
|
·
Lease valuation and negotiation
|
|
|
·
Internet reporting available
|
·
Operator selection
|
|
|
·
Internet reporting available
|
·
Livestock and crop analysis
|
|
|
·
Ad Valorem tax payments
|
·
Oil and gas production analysis
|
|
|
·
Purchaser notifications
|
·
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
|
|
·
Since 1929, Farmers National Company (FNC) has
managed and sold properties for institutions, banks, and individuals.
|
|
·
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.
|
|
·
Our company has 200 employees and over 200 real
estate agents.
|
|
·
2.5 million acres of real estate in 23 states are
currently under FNC management by over 90 professional farm managers.
|
|
·
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.
|
|
·
FNC manages over 120,000 oil and gas properties in 36
states.
|
|
·
FNC's real estate agents have sold over 2,000 farms
in the last four years as well as agribusiness sales and home sales.
|
|
·
Our State-Certified Appraisers can conduct valuation
assignments nationwide.
|
|
·
Additional services include insurance, consultations,
lake management, and a national hunting lease program.
|
