Speaker - Danny Thomas, LAWD - The current state of the Rural Property market

To buy a ticket to the FarmTender2024 - Entrepreneurs in Farming event, click here

Speaker - Danny Thomas

About Danny

Danny Thomas is a leading Rural Real Estate agent with LAWD, arguably the best in the country. Danny has sold many high-profile and highly-priced properties in his time. Just recently, he sold a Cattle Station for around $300 million.

Danny will be speaking 3:00 pm to 3:30 pm.

Some of the questions we want to fire at Danny might include:

• We spoke to Danny 12 months ago, and as we all know, a lot has changed in the last 12 months in the Rural Property game. What have been some of those changes have been?
• How would you describe the health of the market?
• We will ask about all the different classes of Rural Property buyers 1) Institutional Investors/Pension Funds, 2) Corporations, 3) Large scale/Corporate Families and 4) Locals/Farmers to see where each is at.
• The Canadian Pension Funds seem to be very active, and their appetite doesn't seem to be waning. Where are they at, and what can we expect from them?
• What's it like to sell a property for $320 million? Was it a hard deal to negotiate? Can I ask what sort of commission is on a deal like that?
• In 2023, was the shine taken off Grazing Land because of the downturn in Livestock prices?
• Because a bit of shine has come off the market, does EOI (Expression of Interest) work as well?
• Do you ever see any Vendor Finance deals, or is there too much money involved now?
• If Danny had $10 million to buy a Rural Property, what sort of Property would you buy?