The Annual Trip to Marco!

“G with an O, O with a D, T with an I, M with an E, that spells: GOOD TIME!”

This probably is going to be my favorite blog to write, because who doesn’t love writing about a good time? Our Bankers South team had the opportunity to make the annual trip down to Marco Island for the Florida Cattlemen’s Association Convention & Trade Show, and what a trip it was! The trade show could not have went better. We enjoyed seeing familiar faces, catching up with old friends, meeting new folks, and giving out heaps of awesome goodies.

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One of the highlights for our team, though, was the Whiskey & Wine Event we hosted Tuesday night.

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We teamed up with the Seminole Tribe of Florida, Inc. and Boehringer Ingelheim to throw a lively, energetic party. We were thrilled to have everyone come out, and from what we have heard, good times were had by all! The Seminole Tribe was gracious enough to contribute their various wines as well as tastings of their delightful rib eye.

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Not only that, but we had a fantastic musician, Ed Horowitz, serenading the evening with his guitar, mandolin, and even violin. At one point, Ed broke out in “The Devil Went Down to Georgia,” and a few of our own sang along!

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Of course, it can’t be “work, work, all week long,” so we had a photo booth at the entrance to the party for our guests to have the chance to put on a different hat (literally!) and show their goofy, spunky, crazy sides. It was great seeing everyone, from little kids to grown cowboys, have a blast in front of the camera.

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It was a wonderful evening full of food, fun, and friends – and overall was a fantastic week. After learning that we will not be calling it “Marco” for the next two years, though, it was bittersweet having to say goodbye – but we are looking forward to what’s in store for next year!

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Bankers South Founders Predicted Real Estate Changes

Last year, Florida Trend magazine did a great profile of Bankers South founders Brian Philpot and Rob Harper. It was fun seeing coworkers highlighted so nicely in print, but more than that, it gave them credit where credit is due for predicting trends in the market.

The article, by Amy Keller, explained how Brian and Rob bought up 350,000 acres across the Southeast, mostly of timberland. In 2004, they noticed that acreage prices had skyrocketed, and they figured the market was in a bubble.

By the time the market crashed in 2007, Brian and Rob had sold off all but 13,000 acres of the land, protecting themselves against big losses.

The crisis that followed made it difficult to acquire agriculture loans, so Brian and Rob turned their attention to ag loans. They used their own experiences in land purchases to build Bankers South into a company that understands its clients.

Now, the market has turned around, and investors have returned, creating a run on ag lending and timberland loans. It has been a decade since farmland has been selling as fast as it is today, and that’s increasing the need for commercial farm loans.

For those worried about stepping back into the market for ag land, Bankers South offers personalized service for each of our customers. We’ll walk you through every aspect of a hard-money loan, farm credit, or an AgAmerica low-interest loan.

Brian and Rob instilled their company with the knowledge they gained riding the real estate wave. Now let us help you stay ahead of the curve.


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