Oklahoma Farm Brokerage

This in-depth three-hour course offers Oklahoma real estate professionals a thorough overview of farm and ranch property management techniques to effectively navigate complex transactions. It provides critical insights into valuation, brokerage and contracts. It also covers key knowledge regarding environmental factors, land and water rights, financing and zoning laws that can impact sales.

At the end of the course, students will be able to:

• Explain the unique challenges associated with rural property brokerage and how they differ from those of traditional real estate transactions
• Recognize the complex needs of farm and real estate clients, including their financial and emotional concerns
• Identify the main factors that impact agricultural property valuation: soil health, water resources and crop/livestock production
• Analyze the different valuation methods used for farm and ranch properties, including the Cost, Income and Sales Comparison Approaches
• Understand the impact of environmental regulations on agricultural property value
• Review and construct rural property contracts, including clauses pertaining to water, mineral and crop rights
• Explore the various financing opportunities available to clients through traditional loans, grants or alternative funding sources
• Acknowledge the role of metes and bounds when describing rural property and drafting contracts
• Evaluate the role of infrastructure, water rights and zoning rules in farm and ranch real estate transactions
• Guide clients throughout the entire sale or purchase transaction, ensuring compliance with industry regulations

Course Format: Text

Credit Type: Elective

Course ID(s): 3004619

Approved By: Real Estate Commission