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National Land Sales Surge in 2010

Press Room
National Land Sales Surge in 2010
United Country Real Estate Reports Double-Digit
Increases in Land Segment
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February 15, 2011 – (KANSAS CITY, Mo.) – From farmers and investors to retirees and outdoor enthusiasts, 2010 found many people planting money in the soil—investing in land, that is. According to United Country Real Estate, the nation’s largest real estate company specializing in land and lifestyle properties, land sales experienced a dramatic rebound in 2010, resulting in double-digit national

Land as a very profitable, diversified investment isn’t a new idea. In fact, it’s advice that has been handed down for generations. As Will Rogers said, “Buy land, they aren’t making any more of the stuff.”

According to Jason Cole, chief financial officer of United Country Real Estate, land was the company’s most improved national property segment throughout 2010, posting a nearly 20 percent increase over 2009 land sales volume and a 10 percent increase in land units sold during the same period.

“Farms and recreational land in particular showed the most substantial growth in the land category
with 30 percent increases year-over-year,” said Cole. “Our offices across the nation began to report a rebound in land sales in early 2010 and those numbers held steady throughout the year.”

Land sales were strong across the country for United Country offices, with the Northeast region
showing significant increases in sales activity with a nearly four-fold rise in land sales volumes over
2009 sales. The Western region posted a 70 percent sales volume increase, followed by a 32 percent
rise in the Midwest and sales also remained steady across the Southern region of the country.

So, who’s buying all this land? Recent news stories have reported an increase in both investor groups
and individual investors from across the globe eyeing U.S. farmland. United Country Real Estate has found that professional investors aren’t the only buyers who see the potential in land. The company has worked with farmers who see this as a smart time to expand their acreage holdings, investors taking advantage of lower land prices, retirees looking for an ideal property for building a country home in the years to come and outdoor enthusiasts who want to own a piece of land for recreation.

“What makes land such an attractive investment option is that unlike stocks and bonds, land offers an intrinsic value that can be seen, used and enjoyed for recreational purposes such as hunting, fishing, hiking, camping, vacationing or as a source of additional income by purchasing cropland, hunting leases and other programs that allow owners to receive cash rents,” said Dan Duffy, chief executive officer of United Country Real Estate.”

The rise in land sales is refreshing news for many sellers, who have taken advantage of the demand for prime land by bringing their properties to the market using both conventional and auction sales. Through United Country’s website, www.unitedcountry.com, buyers are able to search thousands of listings for both traditional land for sale and land auctions across the nation based on specific property details, as well as desired location and price. The company also offers a search-based iPhone application to easily connect users to land for sale across the country.

About United Country

United Country Real Estate is the largest fully integrated network of conventional and auction real
estate professionals in the United States. Based in Kansas City, Mo., the company has been an innovator in real estate marketing since 1925. United Country supports nearly 600 offices across the U.S., Costa Rica, Panama and the resort areas of Mexico, with a unique, comprehensive marketing program that includes one of the largest portfolios of property marketing web sites (more than 1,400 separate sites), seven proprietary real estate catalogs with a cumulative distribution of 1.5 million readers, an extensive, current buyer database and national advertising of properties that reaches more than 90 million homes per week. United Country has recently been recognized by AllBusiness.com, The Land Report, Entrepreneur and The Wall Street Journal as one of the top U.S. real estate companies.

2820 NW Barry Road, Kansas City, MO 64154
816-420-6200  www.unitedcountry.com

Members of the media needing information on United Country or our marketplace, contact
Angela Smith, Public Relations & Social Media Manager
Phone: 816.620.6241 or Email: asmith@unitedcountry.com
All materials contained as part of United Country's website cannot be broadcast, duplicated,
edited, manipulated or published without permission.

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