GRIZZLY CREEK RAN CH - Amazon S3€¦ · “as the crow flies.” this is one of the more unique areas of the park, and notable land features such as electric Peak and mammoth hot

grizzly Creek ranChgardiner, montana

$19,250,000 | 1,967 ± acres

Listing Agent: Tim murphy

924 stoneridge drive, suite 2 bozemAn, montAnA 59718

P: 406.587.3090 m: 406.209.0644

[email protected]

http://www.hallandhall.com

mailto:tmurphy%40hallandhall.com?subject=

mailto:tmurphy%40hallandhall.com?subject=

Land… that’s where it all begins. Whether it is ranch land or family retreats, working cattle ranches, plantations, farms, estancias, timber or recreational ranches for sale, it all starts with the land.

Since 1946, Hall and Hall has specialized in serving the owners and prospective owners of quality rural real estate by providing mortgage loans, appraisals, land management, auction and brokerage services within a unique, integrated partnership structure.

Our business began by cultivating long-term relationships built upon personal service and expert counsel. We have continued to grow today by being client-focused and results-oriented—because while it all starts with the land, we know it ends with you.

With Offices in :

SALES | AUCTIONS | F INANCE | APPRAISALS | MANAGEMENT

Eaton, Colorado

dEnvEr, Colorado

StEamboat SpringS, Colorado

Sun vallEy, idaho

hutChinSon, KanSaS

north plattE, nEbraSKa

bill ingS, montana

bozEman, montana

miSSoula, montana

buffalo, Wyoming

CollEgE Station, tExaS

lubboCK, tExaS

SouthEaStErn uS

— 2 —© 2015 hall and hall | www.hallandhall.com | [email protected] | 406.587.3090

http://www.hallandhall.com

http://hallhall.com/ranches-for-sale

http://hallhall.com/real-estate-auctions

http://hallhall.com/financing-services

http://hallhall.com/appraisal-services

http://hallhall.com/resource-management


ExEcutivE Summary Grizzly Creek Ranch is a rare and highly scenic 1,967± acre block of deeded land that lies virtually contiguous to Yellowstone National Park northwest of Gardiner, Montana and about a 45 minute drive south of Livingston. The property lies at the head of Tom Miner Basin, which is an absolutely spectacular private tributary valley to the Yellowstone River. The basin is rimmed by high peaks which form the northern boundary of Yellowstone Park. The ride over the ridge from the ranch takes one into a remote area of Yellowstone Park that is home to extensive wildlife but rarely visited by humans. The ranch compound which includes a main residence, homestead cabins, barns and ancillary buildings was fully converted in 2006 to a luxurious and environmentally sensitive executive retreat with commercial applications, making it capable of hosting dozens of guests but equally comfortable as a private family getaway. The lands are home to a wide array of wildlife, from big horn sheep and elk to the full spectrum of predator species. It also boasts three perennial streams including 1½± miles of Horse Creek, which supports a population of native cutthroat trout.


LOcatiONgrizzly creek ranch is located in tom miner basin, 39 miles southwest of Livingston, montana, and 24 miles north of gardiner, the north entrance to yellowstone national Park. Access is by paved state highway 89 from either Livingston (pop. 6,851) or gardiner (pop. 851) to the tom miner basin turnoff, and then a short six mile drive on a county-maintained graveled road which provides year-round access to the ranch entrance.

bozeman (pop. 37,280) is located 25 miles west of Livingston, providing additional services including commercial and private airfields. An Fbo located nine miles east of Livingston is capable of handling large private jets. A shorter airstrip more suitable for small propeller driven aircraft is located just south of the ranch about 2 miles north of gardiner.

rizzly creek ranch comprises one of the two main drainages in tom miner basin and is one of four large landowners that control virtually all of the private land in the upper basin. the ranch adjoins the gallatin national Forest along its southern boundary which transitions into yellowstone Park just a few miles away “as the crow flies.” this is one of the more unique areas of the park, and notable land features such as electric Peak and mammoth hot springs are literally within “trekable” distance from the ranch. the ranch occupies one of the most desirable addresses in the greater yellowstone ecosystem and is on par aesthetically with all of the great viewsheds of the rocky mountain West including, some would argue, the incomparable grand tetons.


LOcaLEgrizzly creek ranch is part of the giant caldera that forms yellowstone Park, where erupting geysers and whole rivers emerge from the nutrient rich belly of this volcano, reminding us that she is very much alive. the ranch is also part of the fertile and very scenic Paradise valley, which most certainly lives up to its name. the ranch is literally on the cusp of where civilization meets the wild side. the fabled yellowstone river courses down the center of Paradise valley and flows north through Livingston, prior to turning east and heading across the vast montana prairie before joining the missouri river in north dakota.

Paradise valley has a long history of cattle ranching, beginning with its founding back in 1838, nearly 50 years prior to Park county’s official formation. the development of the northern Pacific railroad further established this region. in 1864, gold was discovered in emigrant gulch, spawning a brief gold rush. this also put chico hot springs on the map. chico remains a destination for local and global travelers as a developed hot springs resort that retains its historic charm, offers a relaxed environment and a full range of services. it was one of the first in the state to offer a “gourmet” dining experience, and locals will travel hours to enjoy a great meal in chico’s dining room and/or a soak in the hot springs pool.

the area offers a real mix of cultures that includes traditional deep-rooted ranchers, recreationalists and seasonal residents that range from corporate ceo’s to artists, writers, musicians, fishing guides and entrepreneurs. year-round access to yellowstone Park has always been a draw, as are the dramatic mountain views and the world-class fishing.


GENEraL DEScriPtiONApproaching the ranch from the northeast, the old yellowstone trail crosses the yellowstone river and climbs the rocky hills out of the relatively arid valley and into tom miner basin. the climatological and ecosystem change is pronounced where sparse, short grasses give way to lush meadows, and scattered junipers are replaced by thick groves of aspen. After continuing the ascent past neighboring ranches perched on the mountain slope, one reaches the upper basin and is literally “confronted” by the grizzly creek ranch, which dominates the view just as the road makes a right angle turn to the west and proceeds to the far side of the basin.

the 180-degree vista ahead includes what appears to be a deep box canyon. this magnificent panorama is framed by steep-timbered crests to the left and right and the jagged ridges and imposing peaks which form the boundary of yellowstone Park to the south. in the foreground of this picture are the verdant irrigated meadows of the horse creek valley, which provide a lush contrast to the open and timbered slopes that lead to rocky peaks on the skyline. Feeding into horse creek from the snowpack above are the smaller grizzly and reeder creeks. surveying this sight from the compound, one appreciates both the grandeur of the scenery and the fact that everything in view is either, grizzly creek ranch, u.s. national Forest, or yellowstone national Park. the greater landscape that encapsulates the ranch includes the Absaroka-beartooth Wilderness, gallatin national Forest and yellowstone national Park.

the ranch entrance is marked by a stately overhead gate which opens onto a private graveled road that meanders through hay meadows lined by dense concentrations of willows that mark the course of horse creek. the topography is gentle and continues to roll through the main compound, which overlooks the creek and is surrounded by large grass pastures with pockets of aspens. the meadows are diverse with a mixture


of grass, clover and wildflowers which erupt in the spring and early summer. the lands continue to gain elevation, graduating into conifer forests as the ranch transitions into the national forest. the box canyon from which horse creek emerges is lined with trees and shows extended cliff faces that punctuate the landscape.

seven separate communities of aspen cover approximately 124 acres with conifers (primarily fir) covering an additional 561 acres. the riparian area along the creek bottom contains an estimated 54 acres of deciduous shrubs; 683 acres are native range inclusive of grasses, sage, forbs and other shrubs, while another 508 acres

have been converted to “tame” grasses. the balance of the acreage includes the facilities.

elevations range from approximately 6,300 feet on the lower part of the valley floor to nearly 8,400 feet in the upper reaches of the ranch.

Winters tend to be prolonged and deep snows give way to a late spring, with grass and wildflowers growing in earnest in early June. Warm days, cool nights and low relative humidity make summers idyllic. Fall colors are prolific and, although it is possible for winter to arrive early, fall can typically be quite pleasant through october and in some years all the way to thanksgiving.

Although there is no public access through the ranch, there is a private road easement to a cabin located on the south boundary of the ranch adjacent to the Forest service. Additionally, the neighboring hubbard ranch leases section 12 for hunting and has an easement to access an adjoining section.


StructuraL amENitiES the structures at grizzly creek ranch have been created to embrace the architecture of the west through log and timber frame construction that retains the charm and appearance of a working ranch. the ranch does operate as a cattle ranch. however, it has undergone a recent transition into a retreat capable of hosting large groups of people for family get-togethers, corporate gatherings, and other scalable functions. the ranch offers a multitude of small-to-mid-size dwellings that include some original “homestead” cabins that offer guests the opportunity to escape. this allows smaller spaces to be utilized when there are only a few guests or just the owners staying at the ranch. this flexibility allows the ranch to be utilized for a variety of purposes.

the ranch compound is primarily situated within a ten-acre envelope. the grounds are immaculately landscaped with lush turf, flowerbeds, lilac shrubs, mature aspen and cottonwood trees, a vegetable garden with wooden post and rail fencing, fringed by fields of wildflowers and grassy meadows. A massive stone patio joins the barn structures together and is complimented by a fire pit and an outdoor kitchen with a full bar, perfect for summer entertaining. Just north of the compound is the corral system used for horses and cattle at various times of the year, as well as the working facilities. the compound is virtually surrounded by hay meadows and takes in brilliant views in all directions. A short distance to the southwest of the main compound, another ‘homestead’ including two small cabins and a tent camp are located along the creek.


main house:

the main residence is a 3,816 sq.ft., two-story home of log construction built in 1991. the home is spatially comfortable with a substantial rock fireplace dominating the main living area off of the kitchen. Large windows afford views of the meadows and high peaks towering over the horse creek basin. Adjacent to the great room are two guest bedrooms, each with their own bath. upstairs is the master bedroom suite with its own fireplace matching the one in the guest bedroom downstairs. the master bath is accented by bright tile and boasts an elevated tub in a recessed nook, with windows exposing the panorama of the timbered hillsides, peaks, and lush mountain parks. Adjoining the master bedroom is a tastefully decorated office/library.

Adjacent to the main residence is a 950-sq.ft. outbuilding, which was fully converted into a yoga studio complete with a massage room.

manager’s house:

Also located within the main compound is a log sided 1,440 sq.ft. manager’s house constructed in 1996. the house includes four bedrooms and two baths, and is heated by a wood-burning stove and electric heat. the house is situated towards the entrance of the compound and also takes in the amazing southern views. A 903 sq.ft. detached garage also includes two storage room areas.


pfohl Cabin:

this quaint 672 sq.ft. log cabin was the original house on the ranch, constructed shortly after the turn of the last century. the cabin was masterfully refurbished in recent times, restoring it to its original period charm. the cabin has a single bedroom, full bath with a clawfoot tub, wood stove, and a delightful porch shaded by mature lilacs and aspens that overlook the impeccably landscaped lawn just above grizzly hall.

The bunkhouse:

near the Pfohl cabin and also centered within the main compound, this 700 sq.ft. cabin was constructed about the same time as its neighboring structure and is also constructed of log and stone. the bunkhouse offers a loft for additional sleeping quarters and can accommodate 2 to 4 people. it includes a kitchenette as well as a full bath. this structure was fully refurbished at the same time as the Pfohl cabin and done to the same level of quality.



marTin house:

A short distance from the main compound, along the banks of horse creek, is the martin house. this historical structure, built during the same era, experienced remodels in 1991 and again in 2007. the house is a 720 sq.ft. two-story structure and has the same century-old feel as many of the other buildings, but with modern refinements such as stone countertops and stainless steel appliances. the upstairs can accommodate two king-size beds and the lower level includes a full bath, full kitchen and comfortable living area.

marTin Cabin:

Adjacent to the martin house stands the 646 sq.ft. martin cabin. similar in size, this single story cabin has an open floor plan that also includes a full kitchen and bath, and like most of the structures, boasts a welcoming front porch. the cabin was constructed at the same time as the martin house and was also recently fully remodeled. both structures are of stick frame construction with wood siding and cedar roofs. they take on the appearance of having “always been there” and are tucked away from the main compound.

seasonally, two teepees have been erected very near the martin cabin, adding character to the setting and additional space for more adventuresome guests.


barn lofT:

unlike any barn you have ever seen, the barn loft takes on the appearance of its original use, but has been fully converted to accommodate guests in an expansive and luxurious second floor. constructed as a barn in 1994, this 3,840 sq.ft. building underwent a full remodel and transformation beginning in 2007. the upper level includes four bedrooms and six baths with three large balconies that overlook the compound and beautiful mountains that surround the ranch. there is a full kitchen, dining area, and also several lounge rooms. the loft is capable of accommodating up to sixteen guests.

the lower level has multiple uses. it has remained utilitarian with storage, laundry facilities an office and rest room. but it also includes recreation and entertainment facilities including billiards, foosball, ping pong and free weights. the lower level walks out to a terrace overlooking the massive patio area adjoining grizzly hall.


grizzly hall:

grizzly hall is the centerpiece of the ranch compound. originally constructed as a barn in 1994, this 4,475 sq.ft. two-story structure was fully reconstructed, morphing the building into a lodge and central meeting place for guests to gather. the building is log-sided with timber frame accents, wood flooring, and oversized windows that bring the outdoors in. grizzly hall is capable of hosting as many as 125 guests and is supported by a commercial kitchen. A large dining area is flanked by a bar and two seating areas adjacent to substantial rock fireplaces. two opposing second story lofts provide breakaway areas for meeting, gaming and relaxing.

these commercial grade structures, including the barn Loft, are fully modernized with internet services, multiple phone systems, satellite tv, fire suppression systems and built-in surround sound. Also, cell phones work in most areas of the ranch.


anCillary buildings:

Ancillary buildings include a stone cellar used for cool storage and perfect for wine. there is also a 2,500 sq.ft. shop built in 2007 that is fully insulated, heated and offers a bathroom. Attached to this structure are

two small, but nice, apartments with full baths and kitchens. these apartments can be used for overflow guests or staff. A full set of working corrals spans between the shop and grizzly hall and includes a commercial livestock scale.


GENEraL OPEratiONcurrent owners of grizzly creek ranch have been outstanding stewards of the land. the ranch property has been studied by top range consultants as well as members of mt Fish and Wildlife, montana state university and the national Park service. Pastures have been reseeded and restored from years of overgrazing, and the ecosystem continues to improve thru environmentally-conscious and sustainable ranch practices. Weed eradication has been meticulous and range management is a daily chore for the agricultural and livestock manager. A natural approach to land management takes a lot of work, but the result is a rich diversity of plant species that thrive in fertile soils. Plant diversity promotes animal diversity, further preserving the integrity of this rugged yet fragile environment. these practices are in stride with the neighboring b bar ranch, who is a certified organic land steward.

Livestock has been used effectively as a tool on the ranch, and a well-orchestrated grazing plan has carefully and consistently improved the conditions of the range. grazing populations have been carefully monitored and the ranch has found harmony between domesticated livestock and the multitude of wildlife that frequents the ranch.

elevation also plays a factor in range management, as snow limits the cattle’s ability to forage through the winter months and may extend the time needed to feed harvested hay. currently the owners are running upwards of 100 cow/calf pairs plus replacement heifers and bulls and up to 40 horses on the ranch for six to eight months, depending on conditions, and then utilizing a lower property to feed and calve during the winter months. the summer operations are supported through grazing allotments on the adjacent national forest lands that provide additional grazing for up to 290 animal unit months (Aum’s) from July 1st through september 30th. Water rights are utilized out of horse creek and its tributaries for irrigation and stock water. the ranch irrigates upwards of 200 acres of grass hay yielding 1 to 1½± tons per acre. copies of the water rights on file with the montana dnrc are available upon request.


rEcrEatiON aND WiLDLiFE recreational opportunities in the surrounding region seem endless, both on and off the ranch. immediate proximity to yellowstone Park and the yellowstone river offers a lifetime of exploration and fishing. the river, with its origins in yellowstone Lake, exits the park near gardiner and travels north to Livingston before turning east towards north dakota. the country’s longest undammed river is host to some of the finest trout fishing in the world. From the ranch, an angler can be standing on its banks within ten minutes. this reach of the river affords fishermen an opportunity at brown, rainbow and cutthroat trout. the river can be fished from the bank or floated. Popular in late spring/early summer is floating a section of the river known as yankee Jim canyon, located just upstream (south) from tom miner basin. here the river takes on a different character as it narrows into a deep canyon, becoming a whitewater delight boasting tall standing waves as the river crashes and falls through the canyon before tailing out just above the turnoff to the ranch.

some of the best fly fishing in the world is located within yellowstone Park. deep volcanic vents spew nutrient-rich, cold spring water into the upper watersheds that create such noted rivers as the snake, shoshone, madison, gallatin and of course the yellowstone, which is the largest of them all. these waters support huge biomass and consequently host large volumes of trout. tributary streams of the yellowstone river, such as the gardiner, Lamar and slough creek, provide outstanding angling from mid-may through mid-november as the park’s fishing season regulations allow. horse creek, located on the ranch, supports a small population of native (and endangered) west-slope cutthroat trout.

the 2.2 million acre yellowstone national Park spans from the montana line just south of the ranch to grand teton national Park just north of Jackson hole, Wyoming, covering 3,468 square miles and literally walking distance from the ranch, redefining what we often refer to as our “big backyard”. one can saddle up horses and ride (or hike) from the ranch in many directions, encountering alpine lakes and unique geological features such as thermal springs, petrified forests, electrically-charged mountain peaks, and all of the things that make this area unique to our planet.

As one might expect, wildlife is as diverse as it is abundant. ungulates such as elk, mule deer, whitetail deer and moose are present. so, too, are their predators. cats, coyote, fox, grey wolf, black bear and the namesake grizzly bear all find home in this area


and many frequent the ranch on a regular basis. raptors also find paradise here as they utilize the canyon drafts and cliff faces to hover over their prey. For the hunter and non-hunter alike, one can enjoy bountiful wildlife in and around this ranch. Additionally, winter viewing could include a short trip to dome mountain on the east side of the river to observe the large herds of elk as they migrate en masse to their wintering grounds down the valley. one might also enjoy a day trip through the north entrance of the park at gardiner and into the Lamar valley to observe vast herds of bison and elk that are highlighted by regular sightings of wolf and bear.

neighboring the ranch is hubbard’s yellowstone Lodge which is an orvis-endorsed fly-fishing operation which also offers park tours, horseback riding and elk hunting. hubbard’s operates on more than 25 square miles of tom miner basin that includes merrell Lake, which covers 85 surface acres and is filled with jumbo sized trout.

For winter sports enthusiasts, bridger bowl is located just over an hour to the north towards bozeman and is a tremendous local downhill ski area, along with the adjacent bohart ranch for cross-country fans. eighteen air miles to the west is the yellowstone club, which is a private luxury ski and golf community and is contiguous to big sky resort and moonlight basin, all of which are outstanding alpine ski areas. trekking on skis in the park is always a winter option, as is the ranch itself, which has more than enough desirable terrain for skiing or snowmobiling.

A short distance from the ranch to the west is the neighboring b bar ranch. this ranch is open to the public during the winter months for cross-country skiing on their maintained trail system.

snowmobiling both on and off the ranch also has endless opportunities on permitted trails within the national forest. Another “local” pastime is bicycle touring in the park in the late spring months of April and early may. the roads are often cleared and free of snow well in advance of being open to vehicular traffic. this season also coincides with the calving season for bison and elk.


taxESAnnual property taxes are approximately

$36,000.


BrOKErS cOmmENtGrizzly Creek Ranch is part of an untamed and fragile ecosystem that is as unique as it is beautiful. Not many ranches can truly claim having Yellowstone Park in their backyard and fewer yet are perfected to this degree. The ranch has become a vision due to the current owners’ respect for and care of these lands while also providing space for others to experience this rarity in complete comfort and style. Alternatively, it is a place where one can find solitude. Grizzly Creek Ranch has always been deeply loved by its owners. Each owner has improved it immeasurably in terms of the facilities, but always

notice: offering is subject to errors, omissions, prior sale, change or withdrawal without notice, and approval of purchase by owner. information regarding land classifications, acreages, building measurements, carrying capacities, potential profits, etc., are intended only as general guidelines and have been provided by sources deemed reliable, but whose accuracy we cannot guarantee. Prospective buyers should verify all information to their satisfaction. Prospective buyers should also be aware that the photographs in this brochure may have been digitally enhanced.

— 21 —© 2015 hall and hall | www.hallandhall.com | [email protected] | 303.861 .8282

in the best of taste. Even so, the improvements, as wonderful as they are, pale in comparison to their natural surroundings which are truly magnificent.

PricE

$19,250,000

* hall and hall would like to acknowledge craig hergert of montana Panoramic gallery

Click on map above for link to Google Earth map of property.

aDDitiONaL SErvicES OFFErED By HaLL aND HaLL1. managemenT serViCes – hall and hall’s management division has a very clear mission–to represent the owner and

to ensure that his or her experience is a positive one. services are customized to suit the owner’s needs. they often

begin with the recruiting and hiring of a suitable ranch manager or caretaker and are followed by the development of

a management or operating plan along with appropriate budgets. ongoing services include bill paying, ranch oversight,

and consulting services as needed. even the most sophisticated and experienced ranch owners appreciate the value of a

management firm representing them and providing advice on local area practices and costs. Wes oja and Jerome chvilicek

at (406) 656-7500 or randy clavel at (308) 534-9000 are available to describe and discuss these services in detail

and welcome your call.

2. resourCe enhanCemenT serViCes – increasingly the value of a ranch is measured by the quality of each and every

one of its resources. coincidentally the enhancement of a ranch’s resources also increases the pleasure that one derives

from the ownership of a ranch. our management services have included the assessment of everything from wildlife

habitat to bird habitat to water resources and fisheries and the subsequent oversight of the process involved with the

enhancement of these resources. Wes oja or Jerome chvilicek at (406) 656-7500 are available to describe and discuss

these services in detail and welcome your call.

3. auCTions - hall and hall Auctions offers “Another solution” to create liquidity for the owners of investment-Quality

rural real estate. our auction team has experience in marketing farmland, ranchland, timberland and recreational

properties throughout the nation. extreme attention to detail and complete transparency coupled with hall and hall’s

“rolodex” of over 40,000 targeted owners and buyers of rural real estate help assure that there are multiple bidders at

each auction. in addition the unique hall and hall partnership model creates a teamwork approach that helps to assure

that we realize true market value on auction day. For more information on our auction services contact scott shuman

at (800) 829-8747.

4. speCialized lending - since 1946 hall and hall has created a legacy by efficiently providing capital to the

intermountain west. in addition to traditional farm and ranch loans, we specialize in understanding the unique aspects

of placing loans on ranches where value may be influenced by recreational features, location and improvements and

repayment may come from outside sources. our extensive experience and strong relationships with our lenders allows us

to quickly tell you whether we can provide the required financing.

competitive Pricing | Flexible terms | efficient Processing

in-house Appraisals | common sense underwriting

Dave Roddy • (406) 656-7500 | Mike Hall or Judy Chirila • (303) 861-8282

Randy Clavel • (308) 534-9000 | Monte Lyons • (806) 698-6882



[email protected]

[email protected]

[email protected]


[email protected]

[email protected]

http://hallhall.com/real-estate-auctions

mailto:scott%40hallandhall.com?subject=

http://hallhall.com/financing-services

[email protected]

[email protected]

[email protected]

[email protected]

[email protected]

uNDErStaNDiNG WHOm rEaL EStatE aGENtS rEPrESENtmontana law requires that buyer’s and seLLer’s be advised about the different types of agency relat ionships avai lable to them (mcA § 37-51-102 & 37-51-321). A real estate agent is qualif ied to advise only on real estate matters. As the cl ient or as the customer, please be advised that you have the option of hir ing outside professional services on your own behalf ( legal and tax counsel, home or building inspectors, accountant, environmental inspectors, range management or agricultural advisors, etc.) at any t ime during the course of a transaction to obtain addit ional information to make an informed decision. each and every agent has obl igations to each other party to a transaction no matter whom the agent represents. the various relat ionships are as fol lows:

seLLer’s Agent: exclusively represents the seLLer (or landlord). this agency relat ionship is created when a l ist ing is signed by a seLLer/owner and a real estate l icensee. the seLLer’s agent represents the seLLer only, and works toward securing an offer in the best interest of the seLLer. the seLLer agent st i l l has obl igations to the buyer as enumerated herein.

buyer’s Agent: exclusively represents the buyer (or tenant). this agency relat ionship is created when a buyer signs a written buyer-broker agreement with a real estate l icensee. the buyer agent represents the buyer only, and works towards securing a transaction under the terms and condit ions established by the buyer and in the best interest of the buyer. the buyer agent has obl igations to the seLLer as enumerated herein.

dual Agent: does not represent the interests of either the buyer or seLLer exclusively. this agency relat ionship is created when an agent is the seLLer’s agent (or subagent) and enters into a buyer-broker agreement with the buyer. this relat ionship must receive ful l informed consent by al l part ies before a “dual-agency” relat ionship can exist. the “dual agent” does not work exclusively for the seLLer or the buyer but works for both part ies in securing a conclusion to the transaction. i f you want an agent to represent you exclusively, do not sign the “dual Agency” disclosure and consent” form.

statutory broker: is a l icensee who assists one or more of the part ies in a transaction, but does not represent any party as an agent. A l icensee is presumed to be acting as a “statutory broker” unless they have entered into a l ist ing agreement with the seLLer, a buyer-broker agreement with the buyer, or a dual agency agreement with al l part ies.

in-house seLLer Agent designate: is a l icensee designated by the broker- owner/manager (of the real estate brokerage) to be the exclusive agent for the seLLer for a specif ic transaction in which the brokerage has the property l isted and the buyer is working directly through the same brokerage also. this agent may not act on behalf of any other member of the transaction and works for the benefit of the seLLer, but st i l l is obl igated to the buyer as any seLLer’s agent would be.

in-house buyer Agent designate: is a l icensee designated by the broker- owner/manager (of the real estate brokerage) to be the exclusive agent for the buyer for a specif ic transaction in which the brokerage has the property l isted and the buyer is working directly through the same brokerage also. this agent may not act on behalf of any other member of the transaction and works for the benefit of the buyer, but st i l l obl igated to the seLLer as any buyer’s agent would be.

subagent: is an agent of the l icensee already acting as an agent for either the seLLer or buyer. A “seLLer agent” can offer “subagency” to an agent to act on his behalf to show the property and sol icit offers from buyer’s. A “buyer agent can offer “subagency” to an agent to act on his behalf to locate and secure certain property meeting the buyer’s cr i ter ia.

Tim Murphy of Hall and Hall is the exclusive agent of the Seller.


mailto:mcdavid%40hallandhall.com?subject=The%20River%20Farm

Documents

GRIZZLY CREEK RAN CH - Amazon S3€¦ · “as the crow flies.” this is one of the more unique areas of the park, and notable land features such as electric Peak and mammoth hot