FOA 169: Investing in Farmland with Carter Malloy of AcreTrader
Carter Malloy is the Founder and CEO of AcreTrader, an online platform that seeks to provide a bridge that connects investors and farm sellers. Before starting his company, Carter was a successful Managing Director at Stephens Inc., a large private investment bank. His passion for conservation and agriculture was drawn from his experience growing up in an Arkansas farming family. This passion eventually led to founding AcreTrader.
Carter joins me to share what AcreTrader can do for farm owners and people seeking a long-term investment. He explains how the platform works, what a typical transaction would look like, and some of the fees involved. Carter discusses the total amount of investments in farmland and why it’s still insignificant from the perspective of the entire ag industry. He also describes some of the reasons why farm sellers should use their platform over traditional methods.
“There's a lot of ways we can work with people who want to sell farmland. For us, it's exciting to bring new solutions to the market.” - Carter Malloy
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