fbpx

Tillable’s Price Discovery Process

Share on linkedin
Share on facebook
Share on twitter
Share on email
Share on linkedin
Share on facebook
Share on twitter
Share on email

When a farm needs a new farmer, choosing the right new farmer is the single most important decision a fiduciary makes. The decision is normally a 3-5 year decision if not longer and the right farmer positively impacts performance and the long term value of the asset. It’s a decision no fiduciary can afford to get wrong.

Tillable’s Price Discovery process is the only process that ensures that the farm is advertised publicly to all area farmers, provides a fair transparent application process, and provides an audit trail of how the farmer was chosen ensuring that no conflict of interest exists.

Tillable’s Price Discovery process is only made available to professional managers of farmland and investors. This is to ensure that the process is used as intended. If you are a small landowner and interested in Price Discovery please use our Hassle Free Price Discovery product.

Step 1:

Set up a Tillable account and invite other users or collaborators as needed. Tillable’s platform supports multiple users.

Step 2:

Create the farm using Tillable’s digital tool set and submit the farm for verification. A Tillable representative will reach out with a request for documents that substantiate that you have the authority to make rental decisions for the property.

Step 3:

Select an offer deadline by contacting Tillable. The farm must be listed for a minimum of 2 weeks. Once a deadline is set, the farm will be made public on Tillable’s website, emails will be sent to all farmers within 30 miles on Tillable’s platform, and public advertising will begin across a number of digital platforms using Tillable’s proprietary algorithms to identify farmers.

Step 4:

Review Offers on the farm, interview candidate growers, and check references.

Step 6

Sign your lease digitally and schedule electronic payments.

Related Resources

How to Rent Land for Farming

As a farmer looking for land to rent, you may have to do some research to find a landowner willing to lease out their land for farming. Land and farm owners can be skeptical of farmers they don’t know for many reasons. But if you look in the right places, and find the right lease agreement that works for both land owner and renter, you may find the acreage you need and make a healthy profit doing so.

Why Farmers Renting Land Need Farm Insurance Coverage

Just like landowners, lease-holding farmers need to have insurance coverage for their farm personal property that’s used and stored on rented land. Because accidents happen on the farm, it’s key to know you’ve got the right coverage for your operation.

American Agriculture Defines Resilience

Today’s USDA Crop Progress Report indicates:
U.S. corn 88% completed compared to 55% this week last year. Tillable’s farmland specialist, Mason, shares his perspective.

Information is power

Sign up to receive the latest insights and best practices in farmland rental from Tillable. While our info is meaty, we promise it's never spam.