What Is a Land Management Company? 

Land management companies oversee the use of land by a government agency or other entity. This includes fire application to land. The term “land manager” refers to a local, state, or federal entity that is responsible for overseeing land use. In some circumstances, this is the Grantee. The federal land manager oversees federal lands. This agency has the authority to apply fire to land and apply restrictions on the use of the land. 

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Peoples Company is a land management company 

Peoples Company is one of the leading providers of agricultural land services in the U.S. Its team of professionals is dedicated to providing the best in land investment services. Through a collaborative culture, market knowledge, and innovative processes, it delivers the most effective outcomes for its clients. Its services include traditional listing services, public auctions, and online auctions. 

Peoples Company started out in the 1960s as the farm management department of Peoples Trust and Savings Bank in Indianola, Iowa. In 1972, the bank separated its farm management department and real estate brokerage. In 2002, the current ownership team acquired a majority stake in the company. They set about building a strong foundation for the company’s organization and future growth. 

Fees 

When considering hiring a land management company, it is essential to consider what services they will provide, and their fee structure. Some companies offer all-inclusive fee structures that cover a full range of services. Other companies offer unbundled packages that allow clients to pay for additional assistance as needed. You should know what services you will receive in addition to the management fee, and how much you will pay on average each month. 

Property managers typically charge a percentage of the monthly rent, although they will also charge a flat fee. Typically, the percentage ranges from eight to 12% of gross monthly rent. The percentage will be lower for properties with ten or more units, and higher for smaller properties. 

Programs 

Land management is an essential link in the value chain for exploration and production organizations. To stay competitive, land departments need to invest in technology. This will improve their systems and operations. Real-time data will allow teams to make better decisions and assess their performance. It is important to involve stakeholders early in the process. Otherwise, the best software may not be utilized to its full potential. 

Before you start shopping for land management software, identify business and technical requirements. The software you select must handle the complexities of land management. It should also support processes that have been traditionally managed in spreadsheets. During the evaluation process, create a detailed list of business and technical requirements, identifying leads for each category.