For years, Congress has been thinking of making changes to 1031 exchanges but no one really took them seriously. Well, I think that we better start taking them seriously now because the general consensus is that they are going to make changes and it’s going to happen sooner than later. And it probably won’t be pretty. Read Article
Amarillo, TX – On Saturday evening, April 1, 2017, George Clift, owner of Clift Land Brokers and Clift Land Auctions here in Amarillo, received the Graduate of Distinction Award from Oklahoma State University in Stillwater, OK. “This award, presented annually since 1949, recognizes graduates with a B.S. degree in Animal Science at OSU who have compiled outstanding records of achievement and service.” (okstate.edu).
George has been involved in Agriculture for over 40 years. After graduating from Oklahoma State University in 1979 with Animal Science and Agribusiness degrees, he went to work for the Ralston Purina Company, where he spent 18 years working in the livestock feeding industry. In 1997, George began his real estate brokerage business in Amarillo, specializing in farm and ranch real estate and land auctions. George is a licensed Real Estate Broker in Texas, Kansas, Oklahoma, Nebraska and Colorado. In 2005, he earned the Advanced Accredited Land Consultant (ALC) designation from the REALTORS® Land Institute. In 2015, George received the Institute’s most prestigious honor, the 2015 Land Realtor of America Award. Of the OSU award George said, “It is truly an honor to be recognized by my alma mater in this way. I have dedicated my career to helping farmers and ranchers across our region achieve their business goals.”
George Clift spearheaded a campaign to challenge all Texas Association of Realtors® members and REALTOR® Land Institute members to donate to the Wildfire Relief Fund. We sent out the following letter to all TAR Members. A similar letter went out to RLI members, also offering the Ashland Community Foundation Wildfire Relief Fund as a suggestion for donations.
The numbers are mind boggling….
-hundreds of thousands of acres of grassland burned
-thousands of square miles of devastation
-homes and barns destroyed
-tens of thousands of head of cattle burned to death
-ranchers’ lives lost trying to save their livestock
-so many lives changed forever
We are tough, here in the Texas Panhandle, but the week of March 6th was devastating to so many of our friends, neighbors, and clients. Some ranchers have lost everything.
As we have watched this unfold, we have felt a strong need to “do something”. So many from across our Region, the State of Texas, and our Nation have come forward to ask, “What can we do to help?”. Most are stepping up to the plate by sending supplies to those who are fighting the fires, hay to feed the cattle that are left, equipment, labor, and monetary donations.
We have reached out to those we knew were affected by this week’s wildfires, and asked what they needed the most. Their answer was help replacing the miles and miles of burned fences. That’s a priority, after making sure their families are safe and their surviving stock are fed. Our job was to find the best way to direct our help to those who need it the most.
The needs will be ongoing for quite some time. With cost running somewhere around $10,000.00 per mile to rebuild these fences, we believe this is exactly where those of us in the land business need to step up to the plate and help.
I am reaching out to all our TAR colleagues, asking you to help us do this for these ranchers. I would like to challenge you to make a donation to the following Foundation. WRCF is a 501(c)3 organization, so your donation will be tax deductible. I believe the WRCF will be the most efficient means in getting donated funds to where they are needed, as quickly as possible.
Working Ranch Cowboys Foundation
% Kaycee Hooper, Foundation Manager
408 SW 7th Avenue – Amarillo, TX 79101
(Reference “Wildfire Relief Fund” in the memo line of your check)
To make an online donation, go to http://wrca.org/foundation/ and click on “Make a Donation”. In the comment section write “Wildfire Relief Fund”. The foundation will make sure your donation goes directly to ranchers who have been effected by these wildfires.
It’s times like these that we all have to stick together and help one another. I appreciate any assistance you might offer. Thank you for your kind support.
George Clift, ALC
Clift Land Brokers
3430 I-40 West – Amarillo, TX 79102
(806) 355-9856 – (806) 674-8979
Ashland Community Foundation – P.O. Box 276, Ashland, Kansas 67831
Go to www.ashlandcf.com. Scroll down to the bottom and click the Donate button. If paying by check, write “Wildfire Relief Fund” in the Memo Line. If donating online, click on “+ Add Special Instructions” and designate Wildfire Relief Fund.
There was a lot of excitement around the office this morning as we closed another successful online auction. We had a total of 18 registered bidders with about half of the bids coming in the last 30 minutes of the auction. Online Auctions are becoming more important in the marketing options for selling your farms and ranches. Five of our registered bidders were from “out of the area”. These bidders more than likely would not have attended a live auction. Call Clift Land Auctions for more information about our online auctions. 800-299-5263.
George Clift handed out 2016 Sales Awards at our Company Sales Meeting on Wednesday, March 1st in Amarillo, TX. 2016 Awards included:
Top Sales Agent – Gross Commission Generated – Hadley Perkins
Most Transactions – Hadley Perkins
Thanks to these Sales Associates for all of their hard work in 2016, and Congratulations!
Clift Land Auctions held another successful land auction in Clarendon, TX on the 16th. We had a good crowd with 53 attendees and 20 registered bidders. We were offering 990 +/- acres in Hall County, Texas in three individual tracts. We had one tract of dryland (if sold separately) farmland, one tract of grassland/hunting property, and one irrigated tract. The bidding reflected a strong interest in owning the hunting tract, as well as the entire property. In the end, we had one buyer purchasing the entire property. Our charity auction netted the Donley Co. Activity Center a donation of $250.00 from Gary and Karin Sutherland of Pampa, TX. Clift Land Auctions will match that donation to the center for a total donation of $500.00.
February 14, 2017 (Chicago, Ill.)- Recreational and residential land sales accounted for 50 percent of all closed land transactions between October 2015 and September 2016 according to a newly released Land Markets Survey published by the REALTORS® Land Institute and the National Association of REALTORS® Research Department. Broken down, sales increased at the largest rate for timberland at 5 percent and residential land at 4 percent, with the northeast region of the U.S. leading the way for both types of land. In turn, land prices increased the most for timberland at 5 percent and residential land at 3 percent. During the same period, prices of agricultural irrigated land decreased by 1 percent and non-irrigated land decreased by two percent. This shift from a growth in agricultural lands to a growth in recreational and residential land is likely related to the slump in commodity prices. The survey also took a look at the types of buyers and sellers involved in the transactions. Individual/family were the major buyers and sellers of U.S. land, with the northeast U.S. accounting for the largest share of individual/family buyers (35 percent) and sellers (26 percent). The survey also predicted an average growth of 2 percent across all land types through October 2017, with a 3 percent growth expected in each sector for timber, residential, and greenfield development land. Of all properties bought or sold, mineral rights were conveyed in 68 percent of all transactions, making knowledge in mineral, oil, and property rights a hot topic for real estate professionals. READ ENTIRE PRESS RELEASE
February 16, 2017 – Hall Co. TX 990 + Acres will be offered in three tracts. – Donley Co. Activity Center, Clarendon, TX – 2:00 pm. Capital Farm Credit will sponsor a Hamburger/Hotdog Feed prior to this auction. If you will attend this auction, please feel free to come early and join us for lunch.
March 3-9, 2017 – Sherman Co. TX ONLINE AUCTION. 653 + Acres of Mostly CRP Land.
March 10-16, 2017 – Dallam Co. TX ONLINE AUCTION. 640 + Acre Irrigated Farm.
Download our Clift Land App to your mobile device or bid directly from our website at http://www.cliftlandauctions.com/online-auctions/.
On October 27th, CLA concluded its first online land auction. And what a success! We had bidders from Oklahoma, Texas, Tennessee, and Louisiana, for a total of 42 bids. Half of those bids came in the last two hours of the auction. We had bidders on this auction who would not have come to a live auction. So we are excited about this outcome. Download our Clift Land App today to check out our next auction. It is set for December 2nd at 8:00 am CST thru December 8th at 12:00 noon CST and involves a 158 +/- Acre Farm in Carson Co. TX. You can also access our app through our Clift Land Auctions website, Online Auctions tab.