Land And Housing,
or landandhousing.com,
a new style of real estate service.
We are going to offer you a way
to list, offer, sell, buy, trade, and browse real estate, from your state.
We will offer:
- A service which will be "patented"
computerized © incremental bidding on land tracts, in the exact sizes you desire to buy
rather than the arbitrary size some quick-buck worker wants to survey, while he keeps one
eye on the clock, and another on his production schedule.
Which is of more importance ? Land surveyed to your
specifications, with you able to bid up to your budget limit, or the whim of some
transient worker who is paid by the hour, claims no responsibility and disclaims that
liability rests with him, someone who has no reason to be concerned about the exacting
needs of a potential purchaser which he has no practical way to identify before the sale
offer is initially tendered .
- A willing buyer and a willing sellor, a meeting
of the minds, and no coersion on either side, which is the US Supreme Court definition of
a fair market price.
We also
want you to take note of the economic principle that you do not hire a person who does not
increase your "capital", your endeavor's value, by the addition of his
"skill" or talent. The mere fact that a person claims to be due a large fee as
reward for a certificate on his wall is irrational thinking. Entitlement to a slice of
your "pie", must depend upon his skill (human capital) applied to make your pie
larger by more than the payment it claims from you.
- We also have the overview of the PACE
(irrevocable Purchase of Agricultural Conservation Easement) program in Kentucky, and the
various TDR (revocable, tradeable Transferrable Development Rights) programs applied in
various other states. A landowner who has a desire that his land remain undeveloped would
want to determine how much the development rights might be sold for separate from the
land, since the long term investment-value of farm land includes the increased pressure to
subdivide that land for occupancy of homes and businesses. This process is based on sound
economic reasoning and complex formulas. If the right ever existed to build or live on a
piece of land, no law short of condemnation with 5th Amendment protections of Federal
Court can reduce that right.
The Economic articles are in progress today.
- We will do the surveying, tracting and
subdividing on a computer screen, which reduces labor cost, allows custom bidding, closely
matches the desires of the most interested bidders, and makes that huge broker's fee
actually increase the value of your property, rather than just being a slice of the
"pie" for some transient stranger, while the landowner get less for his valuable
investment property.