Land Agent

A land agent is trained to assess the true value of a parcel of land based on the natural resources that may exist underground or on its surface. Land agents do not necessarily work on behalf of the land owner or the entity that wishes to purchase the land. Rather they serve as a liaison or negotiator between the two parties. Normally governmental agencies or large oil gas or other mining companies want to gain ownership of parcels of land so they can use it for mining purposes. Likewise land owners who know that there is an inherent value to their land because it is rich in oil minerals or other natural resources wants to obtain the best possible price for the land’s sale or use rights. Sometimes land owners do not sell their land entirely but they sell the rights to mine the land for valuable resources to the organization wishing to utilize the land for these purposes. A land agent is normally considered objective and unbiased yet knowledgeable and fair when it comes to the negotiation process. Not only must a land agent have excellent negotiation skills but they must also be extremely knowledgeable about natural resources minerals oil and gas and the potential value that a piece of land might have to the government mining companies and land owners. According to www.ehow.com a land agent must have a minimum of a bachelor’s degree in a subject related to geology mineralogy or land development. Additionally extensive knowledge on how to assess mineral deposits and value a parcel of land based on the potential for mining is required for this profession. A land agent does not necessarily work on a commission basis as a real estate agent might. The website www.salary.com lists the median salary for a land agent in the United States at $68933.

Education Required: Bachelor's Degree
Avg Salary: $68933
High Salary: $76933
Low Salary: $60933
Tasks: Advises on the value of land.
Negotiates land purchase price.
Knows about land and mineral rights.
Conducts research on plots of land.
Also Called: Mineralogist
Geologist
Land Assessor
Land Evaluator
Additional Resources: http://www.ehow.com/about_7239638_job-description-land-agent.html
http://en.wikipedia.org/wiki/Land_agent
http://www.landthink.com/how-a-land-agent-earns-his-money/