Looking for a buyer for your farm? Look no further than your neighbour
The most active customers in the farm property market continue to be neighbouring farmers or landowners. There is no sector in particular splurging on land, says Paddy Jordan of Jordan auctioneers in Newbridge, Co Kildare.
"The man or woman looking over the neighbouring ditch is your most likely customer for land.
"Even the sales of larger farms are most often dominated by neighbours - the two biggest farm we sold this year were bought by neighbours," he said.
His colleague Clive Kavanagh agrees saying that any analysis of their sales shows that adjoining or local farmers are most likely to be the last customers standing in the auction room.
Stephen Barry of Raymond Potterton auctioneers in Navan concurs saying local big farmers are buying the bigger farms and local businessmen are also now joining the fray.
He says that by far the most active customers in his area have been tillage farmers.
"I know the sector is on its knees, prices are under the floor and this year's harvest is very difficult but so far in 2017 I have sold more land to tillage farmers than I did during all of 2016," he said.
Other strong buyers in the market are the hobby farmers, these buyers, with good jobs and perhaps a property to off-load in Dublin.