Land Markets Survey Shows Individuals and Families Continue to Invest in Land

Land Markets Survey Shows Individuals and Families Continue to Invest in Land
The REALTORS® Land Institute

September 2, 2014 (Chicago, Ill.)- While overall median land prices steadily rose 4 percent, individuals and families continued to invest in land and account for 58 percent of buyers in land sales transactions, according to a 2014 Land Markets Survey, conducted jointly by the REALTORS® Land Institute and National Association of REALTORS®. In addition, the survey also revealed that 17 percent of land purchasers are corporations/partnerships, 17 percent are investors, and 10 percent are expansion farmers.

The 2014 Land Market Survey is the first of many biannual reports aimed to develop accurate information on current trends in the land markets and on the general state of land sales. The results are representative of over 625 land professional respondents from across the United States.

According to the survey, 43 percent of the purchases where individuals/families were buyers were purposed for farm and ranch (24 percent agriculture and 17 percent ranch) and 31 percent for recreation. Of those surveyed, expansion farmers purchased 98 percent of land for farm and ranch (85 percent agriculture and 13 percent ranch). Investors purchased a diversified portfolio of land (21 percent agriculture, 20 percent timber, 17 percent development, 14 percent commercial). Of the 17 percent of land purchased by corporations, development land accounted for 30 percent, commercial land accounted for 26 percent, and 17 percent accounted for timber.

Terri Jensen, ALC Advanced, 2014 Institute National President-Elect of REALTORS® Land Institute, states that the findings “follow my experience in that 70 to 85 percent of land buyers are expansion farmers/individuals/families; the balance are investors and/or 1031 exchange buyers.”

The results appropriately correlate to the findings that responding land professionals across the United States primarily focus their practices in agriculture (69 percent) and recreation (59 percent). The market and growth for land is steady. The survey recorded that over the past twelve months, ending in July 2014, the median land price change is growth of 4 percent.

According to Jensen, “Land prices are noting stable versus rapidly rising prices with decreases noted in some areas. Most decreases were less than 10 percent of responses and reflected 0 to 10 percent decreases and increases. The 0 to 5 percent increase in 50 plus percent of responses note the change to stability versus rapid changes up or down.”

The 2014 Land Market Survey was based on data collected in July 2014. The survey was emailed to 1,000 REALTORS® Land Institute members and approximately 9,500 non-members and generated 629 usable responses. The full survey is available for free online.

Brandon Rogillio, ALC, Named 2015 Institute National Vice President

Brandon Rogillio, ALC, Named 2015 Institute National Vice President
The REALTORS® Land Institute
An affiliate of the National Association of REALTORS®

June 13, 2014 (Chicago, IL) –The REALTORS® Land Institute is proud to announce Brandon Rogillio,ALC, as the 2015 Institute National Vice President. As an experienced Accredited Land Consultant (ALC) with a passionate commitment to the land industry, Rogillio will be a strong addition to the Institute Executive Leadership team. This honor confirms he will serve as the 2017 Institute National President.

Rogillio is the owner/broker of Rogillio Real Estate in Baton Rouge, LA and began practicing real estate as a profession while studying economics at Southeastern Louisiana University. In the spring of 2009, he earned the Accredited Land Consultant (ALC) designation, an indication of the most accomplished, experienced, educated, and highest performing land expert in the country. He has completed a rigorous education program and has a proven track record of transaction performance. Among the marketplace, Rogillio is one of the most respected and trusted land experts.

Over the past six years, Rogillio held several Institute leadership roles including the Representative to the National Association of REALTORS® Commercial Committee, an active member of the Government Affairs Committee, and the 2011 Co-Chair of the National Land Conference. His experiences have allowed him to see firsthand the importance of the Institute’s political voice in Washington.

Rogillio will be inducted on Thursday, November 6, 2014, during the 2014 National Association of REALTORS® Conference and Expo in New Orleans, LA.

Statistics show Accredited Land Consultants earn $100,000 more

Statistics show Accredited Land Consultants earn $100,000 more
REALTORS® Land Institute 2013 survey uncovers remarkable results

June 6, 2014 (Chicago, IL) –The results of a REALTORS® Land Institute survey indicate that the average Accredited Land Consultant (ALC) earned $373,925 in 2013, which is approximately $100,000 more a year than the average non-designee respondents. The largest ALC transaction in 2013 was $80 million and the largest ALC transaction reported to date in 2014 is $562 million.

The results are a clear indication of the value and benefits of working with an Accredited Land Consultant (ALC) when participating in land transactions. These credentialed professionals have completed a rigorous education program and have a proven track record of transaction performance. By leveraging an in-depth understanding of the land market, they are the most qualified to create solutions, add value, and build wealth for clients.

ALCs are current on legislative and regulatory issues that impact land, understand a range of financing, tax, and estate planning strategies; provide thoughtful, educated analysis of land values; and are committed to ethics, integrity, and professionalism. Among the marketplace, ALCs are the most respected and trusted land experts.

To work with an Accredited Land Consultant, visit www.rliland.com/find-a-land-consultant or call 800-441-5263. To learn more about attaining the designation, visit www.rliland.com/alc-requirements.

REALTORS Land Institute Honors 2013 Award Winners

REALTORS® Land Institute Honors 2013 Award Winners 

The REALTORS® Land Institute
An affiliate of the National Association of REALTORS®

Chapter, Instructor, and Networking Awards Given at the 2014 National Land Conference

March 25, 2014 (Chicago, IL) –The REALTORS® Land Institute named the award winners for the 2013 Outstanding Chapter of the Year, the 2013 Excellence in Instruction awards, and the 2013 ALC-to-ALC Networking awards, at the 2014 National Land Conference in Charleston, SC, on March 12-14. The awards are an honor among the REALTORS® Land Institute and prestigious Accredited Land Consultant (ALC) professional community.

The Institute recognized the Iowa Chapter #2 of the REALTORS® Land Institute as the recipient of the 2013 Outstanding Chapter of the Year award. This honor recognizes a chapter that has demonstrated excellence and creativity in member retention, education, volunteering, technology, outreach, and collaboration. The Iowa Chapter is known for “doing it all” and “doing it well.” The award was accepted by Kyle Hansen, ALC, 2013 Chapter President; Terry Pauling, 2014 Chapter President, and Molly Suarez, Chapter Administrator.

The 2013 Excellence in Instruction awards honored Randy Hertz, ALC Advanced, and Jim Miller, Esq. Both LANDU instructors bring quality, timely, and accurate information to their students. By updating courses and providing up-to-date technology and discussion on current industry laws, they capture the true spirit of businessmen who share and believe in the importance of knowledge and professional development.

The ALC-to-ALC Networking awards recognized Accredited Land Consultants (ALCs) with the most lucrative peer collaboration during 2013. The deals are a clear indication of increased productivity and business expansion from networking among ALCs. Murray Wise, ALC, and Ben Crosby, ALC, won both the 2013 Largest In-State ALC-to-ALC Transaction by Sales Volume, and the 2013 Largest In-State ALC-to-ALC Transaction by Total Acreage. The Largest National Referral for an ALC-to-ALC Transaction by Sales Volume was awarded to Randy Hertz, ALC Advanced; Terry Rupp, ALC, and Troy Louwagie, ALC. The final award, the ALC-to-ALC Networking Award for Overall Collaboration was presented to Ben Crosby, ALC; Squire Smith, ALC; Clay Taylor, ALC; and David Hitchcock, ALC Advanced.

Accredited Land Consultants (ALCs) are more than just land professionals, they are the most accomplished, experienced, and highest performing land experts across the country. They specialize in agricultural land, timberland, ranch, and recreational properties, or vacant land for developments.

2014 National Land Conference Attracts Land Industry Experts

FOR IMMEDIATE RELEASE
For additional information contact:
Kate Noble
800-441-5263
knoble@realtors.org

2014 National Land Conference Attracts Land Industry Experts
The REALTORS® Land Institute
An affiliate of the National Association of REALTORS®

Institute Continues its Commitment to Building Knowledge and Promoting Business

March 19, 2014 (Chicago, IL)- The 2014 National Land Conference: If land could talk, attracted  professionals from across the nation to learn from experts, connect with industry peers, and make deals. The conference, presented by the REALTORS® Land Institute on March 12-14 in Charleston, SC, hit record attendance and incoming reports indicate it was the best conference yet for professionals in the agriculture, timber, ranch, recreation, appraisal, auction, farm management, site selection, and land investment industries.

Attendees expanded their knowledge base from world renown experts on hot topics including the economy; energy, hydraulic fracturing, and mineral rights; marketing and new technology; land conservation opportunities for land owners; 1031 exchanges that benefit land owners; and international business opportunities. Presenters included Leonard Jordan, Associate Chief of Conservation at the USDA Natural Resources Conservation Service; William Emmons, PhD, Assistant Vice President and Economist at the Federal Reserve Bank of St. Louis; and Samuel Boxer, Esq., Partner of the Environmental Practice Group of Sidley Austin LLP.

Accredited Land Consultants (ALCs) met during a preconference with Bill Eshenbaugh, ALC, to discuss how to utilize the ALC designation in business strategies and provide the best service to clients. TheAccredited Land Consultant (ALC) designation is an indication of the land professional who is the most accomplished, experienced, educated, and highest performing land expert. It requires successful completion of a rigorous education program and a proven track record of success. They are the most trusted land professionals as a result of their commitment to professional development and a strong code of conduct.

ALCs were honored with awards for peer networking and making deals. For 2013, the recipients of the National ALC-to-ALC Networking Award for sales volume collaborated on a $77,300,000 transaction. Other honors awarded included the Chapter of the Year award and the Excellence in Instruction awards. The Institute also recognized the 23 ALCs who were awarded the ALC Advanced for their commitment to lifelong professional learning and stewardship for success of an organization.

The 2015 National Land Conference will take place in Tucson, AZ, on March 23-25. For more information visitwww.rliland.com/2015NationalLandConference.

About the REALTORS® Land Institute
The REALTORS® Land Institute is the professional membership organization for real estate practitioners who specialize in land transactions. An affiliate organization of the National Association of REALTORS®, the Institute provides a wide range of programs and services that build knowledge, relationships, and business opportunities for the best in the land business. Through its best-in-class LandU curriculum, the REALTORS® Land Institute confers its Accredited Land Consultant (ALC) designation to only those real estate practitioners who achieve the highest levels of education, experience, and professionalism.

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Institute Recognizes 2013 Award Winners

Institute Recognizes 2013 Award Winners
Accredited Land Consultants (ALC) honored with Land REALTOR® of America Award
and Meeks Distinguished Service Award

November 12, 2013 (Chicago, IL) –The REALTORS® Land Institute named Bill Eshenbaugh, ALC, the 2013 Meeks Distinguished Service Award honoree, and Kirk Goble, ALC, the 2013 Land REALTOR® of America at the 2013 REALTORS® Land Institute Day on November 7 in San Francisco, CA. The awards are an honor among the prestigious Accredited Land Consultant (ALC) professional community.

The Meeks Distinguished Service Award recognizes an ALC with a long-term commitment and service to fellow Institute members, the land profession, and the community. Recipient, Bill Eshenbaugh, ALC, of Tampa, FL is leader, mentor, educator, philanthropist and strong advocate for the advancement of the land professional. As Danny Smith, ALC, stated, “The recipient’s love of ‘mentoring’ up and comers as well as seasoned professionals has reinforced the feeling that the recipient has always had–that it’s all of our responsibilities to “bring along” others and to be there to answer any question–no matter how small—and to introduce people to others they may want or need to know.”

In commitment to community, Eshenbaugh began a scholarship fund in remembrance of his parents that has allowed numerous students to attend college. Additionally, he taught as an instructor for the REALTORS® Land Institute, created the ALC Review Manual and served as a speaker and facilitator at numerous Institute events. He is continually supporting education through training programs and funding of numerous scholarships for students.

The 2013 REALTOR® of America, Kirk Goble, ALC, was chosen by past award recipients as distinguished in his efforts and work expended in the interest of Institute members, their profession, and their community. Goble, from Greeley, CO has influenced the Institute in numerous ways. Norma Nisbet, ALC, stated “He has the giving ‘spirit’ that distinguishes the Land REALTOR® of America from others—helping and assisting others with their businesses in the land organization while not asking for anything for himself, but the satisfaction of ‘helping his fellow land broker’.”

Real estate professionals to convene in Chicago to enhance land skills

Real estate professionals to convene in Chicago to enhance land skills
REALTORS® Land Institute LANDU Education Week held June 22-30 in Chicago

May 6, 2014 (Chicago, IL) –On June 22-30, real estate professionals from across the country will meet in Chicago, Ill. for the Institute’s 2014 LANDU Education Week. The Institute will offer six in-person LANDU approved courses, all counting towards the requirements of the prestigious Accredited Land Consultant (ALC) designation.

Many aspire to attain the ALC designation, an indication of the most accomplished, experienced, educated, and highest performing land professional across the country. According to a 2013 REALTORS® Land Institute membership survey, ALCs earn about $373,925 per year, approximately $100,000 more than members without the designation.

Students have the opportunity to complete one to six face-to-face courses throughout the extended week–Land Investment Analysis (24 contact hours), Site Selection (16 contact hours), Land 101: The Fundamentals of Land Brokerage (16 contact hours), Agricultural Land Brokerage and Marketing (16 contact hours), Tax Deferred 1031 Exchanges (16 contact hours), and Marketing Strategies (16 contact hours). Combined, these six courses total 104 contact hours, the total hours needed for completing the educational requirements of the ALC designation.

Boyd L. Harris of Farmers National Company attended LANDU Education Week in 2013 and stated, “The week was well worth the time and investment. The courses I took tied some 20 plus years of other schooling back together from the perspective of application rather than just mechanics. New in the business or experienced, there were many points to take home and have a new, invigorated look at business practice. And the new networking contacts are always beneficial.”

This June, multiple members of the Institute’s Military Transition Program (MTP) will be in attendance to hone their land skills and network with industry peers. In late 2013, the Institute announced its commitment to support veteran’s employment opportunities with the MTP, to help active duty military and veterans, who’ve served since 2000, build a career in the land real estate business. A program benefit is two complimentary LANDU courses (LAND 101: The Fundamentals of Land Brokerage and one elective course).

For more information on the REALTORS® Land Institute LANDU Education Week and to see the course schedule, visit www.rliland.com/landu-education-week

REALTORS Land Institute Announces Military Transition Program (MTP)

FOR IMMEDIATE RELEASE
For additional information contact:
Kate Noble
800-441-5263
knoble@realtors.org
Institute Logo

REALTORS�� Land Institute Announces Military Transition Program (MTP)
The REALTORS�� Land Institute
An affiliate of the National Association of REALTORS��
New Program Provides Quality Land Education to Military Service Members

November 13, 2013 (Chicago, IL) –The REALTORS�� Land Institute announced its commitment to support veterans’ employment opportunities with a new Military Transition Program (MTP), created to help military build a career in the real estate land business. All members of United States Armed Forces that have served on active duty since 2000 are eligible.
The 2014 Institute National President George Clift, ALC, remarked, “The Institute is honored to give back to those who protect our land. Our military service members possess leadership qualities, dedication, and a commitment to success that is valuable among land professionals. By joining the Military Transition Program, they will be connected to prestigious Accredited Land Consultants (ALCs) nationwide as they begin their education and business as a land expert.”

The MTP is designed to assist military to jumpstart their careers as real estate land professionals. Through this program, the Institute will waive fees for one year of membership, a LAND 101 course, and one elective LANDU course, valued at over $1500. Course hours accumulated will contribute to the requirements of the ALC designation—an indication of the most accomplished, experienced, and high performing land sales experts.

With the one year membership in the Institute, the program offers access to a national network of land REALTORS��, legislative advocacy and a voice in Washington through the National Association of REALTORS��, the 2014 National Land Conference, educational opportunities through the LANDU curriculum, the opportunity to earn the ALC designation, and access to exclusive property listing services, resources, social networking sites and publications. Access the application online.

About the REALTORS�� Land Institute
The REALTORS�� Land Institute is the professional membership organization for real estate practitioners who specialize in land transactions. An affiliate organization of the National Association of REALTORS��, the Institute provides a wide range of programs and services that build knowledge, relationships, and business opportunities for the best in the land business. Through its best-in-class LandU curriculum, the REALTORS�� Land Institute confers its Accredited Land Consultant (ALC) designation to only those real estate practitioners who achieve the highest levels of education, experience, and professionalism. For more information visit www.rliland.com.

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Generous Accredited Land Consultant (ALC) Funds Five New Scholarships for Military

Generous Accredited Land Consultant (ALC) Funds Five New Scholarships for Military
Bill Eshenbaugh, ALC, Generously Supports Institute’s Military Transition Program (MTP)

December 3, 2013 (Chicago, IL)–The REALTORS® Land Institute announced today that Accredited Land Consultant (ALC) Bill Eshenbaugh will fund five Eshenbaugh Land Company Military Course Scholarships for the Institute’s Military Transition Program (MTP). The scholarships, valued at $445 each, will be awarded to the first MTP participants who request the scholarship.

The REALTORS® Land Institute created the MTP to support veterans’ employment opportunities through assisting military interested in the land business in earning the prestigious Accredited Land Consultant (ALC) designation–an indication of the most accomplished, experienced, and highest performing land sales experts. The program, open to all U.S. Military who have served from 2000 forward, waives fees for one-year of membership to the Institute, offers a complimentary LAND 101: Fundamentals of Land Brokerage and Marketing course, and one elective LANDU course, valued at over $1500. The Eshenbaugh Land Company Military Course Scholarship will honor five members with an additional LANDU elective course, for a total of three free courses. Access the application online.

Bill Eshenbaugh, ALC, 2013 Institute Meeks Distinguished Service award recipient, is the owner of Eshenbaugh Land Company in Tampa, Florida. As a successful ALC land expert, Eshenbaugh has served as an instructor and course contributor for the Institute. He created the scholarship in honor of his brother John, who was awarded two Purple Hearts and a Bronze Star for valor.

Institute to Launch Exclusive Land Listing Site—THE LAND CONNECTIONS

Institute to Launch Exclusive Land Listing Site—THE LAND CONNECTIONS
REALTORS® Land Institute creates central listing site of land experts

December 13, 2013 (Chicago, IL)- The REALTORS® Land Institute announced that on January 3, 2014 they will unveil THE LAND CONNECTIONS-Do Business with the Best in the Business, the official central listing site for land experts nationwide. The online listing site will display properties from Institute members and prestigious Accredited Land Consultants (ALCs). ALCs are the most knowledgeable, trusted, experienced, and highest producing land experts nationwide.

When buying or selling land, ALCs have the experience, education, and network to create solutions, add value, and build wealth for clients. THE LAND CONNECTIONS will provide a seamless connection between buyers, sellers, and trusted land experts. Those interested in working with an expert land consultant will be able to navigate the listing site to view properties available by location.

On January 3, the website www.thelandconnections.com will go live and a site link will be located on the Institute homepage, www.rliland.com. The homepage of THE LAND CONNECTIONS will include 12 featured listings along with banner advertisements. These opportunities are available for purchase. Call the Institute at 800-441-5263 for pricing.
In order to be featured or listed on the site, land experts must hold membership in the REALTORS® Land Institute, ensuring that clients Do Business with the Best in the Business. Those interested in joining the Institute, please call 1-800-441-5263 or apply online.