Gurjit Ghai, REALTOR®

Written by Gurjit Ghai, REALTOR®

Rexara Realty Inc.·Published: August 29, 2026·Selling Farmland

Selling a farm as a going concern, an operating business with equipment, quota, water rights, and a production history, can attract a different buyer and a different price than selling the same land bare, because the buyer is purchasing a working operation rather than land to start from scratch. The right choice depends on the farm's condition, your timeline, and the market for that operation type.

A going-concern sale can carry GST and business-transfer complexities that a bare-land sale may not, and the assets included, quota, equipment, irrigation infrastructure, even a brand, each need to be valued and structured. A bare-land sale is simpler but may leave value on the table if the operation is profitable and transferable.

I help sellers weigh the two paths based on the farm's actual state and the likely buyer pool, because the wrong choice can mean a longer sale or a lower price. Read our Selling a Farm guide for the framework, and get professional advice on the tax and structuring differences before you decide.

Important: This answer is general professional guidance for educational purposes and is not legal, tax, financial or regulatory advice. ALR rules, water licensing, zoning and farm-classification requirements can change and depend on your specific property. Always verify with the relevant BC authorities and qualified professionals before making decisions.

Gurjit Ghai, REALTOR®

Gurjit Ghai, REALTOR®

Personal Real Estate Corporation

Brokerage: Rexara Realty Inc.

Gurjit Ghai is a BC real estate professional specializing in agricultural land, ALR properties, and farm operations across British Columbia. He helps buyers and sellers navigate water rights, soil capability, farm classification, and the unique due diligence that farmland transactions require.