I want to sell my assets - how do I do this?

It is important to keep in mind that Impact Farming is designed to be a long-term investment and the full value of your asset is only realised if you stay invested for the whole term. This is particularly important when you consider that both hives and blueberry bushes produce more the longer you have them. Solar power will become increasingly in demand as the cost of electricity from the grid rises. Therefore, your income ramps up over time. The longer you keep your asset, the better your returns will become.

Please also keep in mind that once you purchase your assets, we incur substantial costs in installing and maintaining your assets. For solar panels, there is installation, optimisation, insurance and maintenance. For beehives, there is construction, swarming, harvesting and transport. For blueberries, there is the planting, harvesting and watering. In addition, the longer you have owned the asset the less it is worth, because it has already generated an income, and the time that is left to generate an income decreases. There is also wear and tear on solar panels and beehives. All these factors combine to decrease your sales price.

Because these are physical assets that are installed at a particular site, and not fixed investments or stock market investments, we cannot simply pay you a market-related price when you wish to sell them. A buyer needs to be in place and the assets need to be transferred for an asset sale to be finalised.

Please also note that a transfer fee may be charged at our discretion, dependant on factors such as the size of the transfer and whether you have sold assets in the past. This rate will be communicated to you and if you accept it, we can proceed with the transfer process.

If, after careful consideration, you still decide to sell your asset, you have two options. You can find a willing buyer who is willing to purchase your asset at a price that you negotiate between yourselves. To effect the transfer, the relevant documentation will be sent to you for completion. If a transfer fee is applicable, Fedgroup would first have to receive these fees before the transfer can be finalised.

Alternatively, we will attempt to find a willing buyer for you at the calculated market value of your asset if you instruct us to do so. This process can take up to three months, or even longer. The larger the value of the assets you want to sell, the longer it usually takes to find a willing buyer. Fedgroup will subtract the transfer fees, if applicable, and pay the balance over to you.

Please email us at IFcontact@fedgroup.co.za.

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