Have more questions? Feel free to browse our list of commonly-asked questions. If you do not find your answer, please e-mail us at [email protected]. We look forward to hearing from you!

Quick list of commonly-asked questions:


How can I contact a sales associate about working to find the perfect property for me?

Our sales associates can be reached via email, telephone, or regular mail. Please feel free to e-mail us at [email protected], call us at 800-238-8616, or mail us at 395 Gallatin Park Drive, Bozeman, MT 59715. We look forward to assisting you in finding a slice of paradise.

How long has Fay Ranches been in existence?

Fay Ranches, Inc. was founded by Greg Fay in 1992 in response to the growing threat of development to the Rocky Mountain Region’s river corridors and agricultural landscapes. Initially created as Fay Fly Fishing Properties, our organization has grown substantially since then and is now the top sporting real estate brokerage firm in the country.

If I have a property to sell, how should I go about exploring listing it with Fay Ranches?

If you feel you have a property that we could sell for you, please feel free to contact us at 800-238-8616 or at [email protected]. Any of our qualified sales associates can illustrate to you what Fay Ranches has to offer in regard to marketing and effectively selling your land or ranch. We look forward to hearing from you!

What sets the sales associates at Fay Ranches apart from other sales associates with other organizations?

The sales associates with Fay Ranches, Inc., are passionate ranchers, fly fishers, bird hunters, big-game hunters, and overall outdoor enthusiasts. Our agents consist of multi-generational ranchers, timber professionals, financial strategists, outdoor enthusiasts and just good, hardworking land professionals with decades of experience.  Our professional and recreational pursuits have taken us to almost every corner of the United States and various portions of the globe.  Our ability to relate personal experience and enthusiasm for this vast and beautiful country is one of the unique aspects of Fay Ranches, which sets us apart in the brokering of the finest sporting and agricultural ranches. In addition, our associates continually research the market to identify the finest ranches for sale throughout the entire United States and select international locations.

What is a 1031 tax deferred exchange, and how can I find out whether it would work for me?

Under Section 1031 of the Internal Revenue Code, a real property owner can sell his property and then reinvest the proceeds in ownership of like-kind property and defer the capital gains taxes. To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and in the treasury regulations. The 1031 exchange can offer significant tax advantages to real estate buyers. Often overlooked, a 1031 exchange is considered one of the best-kept secrets in the Internal Revenue Code. 

In which states does Fay Ranches offer real estate services?

Fay Ranches sales associates are licensed in the states of Colorado, Idaho, Montana, New Mexico, Oregon, North Carolina, and Wyoming. However, our agents consistently research and are aware of properties throughout the entire United States and beyond, including international locations. For assistance in finding the perfect property to fit your needs, feel free to contact us at 1-800-238-8616 or e-mail us at [email protected].

What is a conservation easement, and how do I decide whether it would work for my property?

As defined by the Montana Land Reliance: A Conservation Easement is the "legal glue" that binds a landowner's good intentions to the land. Under the terms of a Conservation Easement, the landowner retains ownership of the land and is free to manage or sell the property and enhance agricultural productivity and wildlife habitat. The purpose of the Conservation Easement is to restrict unsuitable or irrevocable development. Conservation Easements are granted in perpetuity and run with the land regardless of ownership. Despite common features precluding subdivision and commercial development, each easement is tailored to the unique character of the land and the conservation desires of its owner. Conservation Easements are voluntary.

A Conservation Easement fulfills different needs for different landowners. For one family, it may be the vehicle by which a farm or ranch is passed on to future generations. For another, it preserves the watershed of a prized trout stream or a wintering ground for elk. There is a story behind every Conservation Easement, but the underlying reason is the landowner's desire to preserve a special piece of land forever.

The donor of a Conservation Easement may be entitled to a reduction in income and/or estate taxes if it is determined that the easement meets Federal requirements as a charitable gift and if it is donated to a qualified organization. The size of the tax benefit is a function of the land and the restrictions of the easement and is determined by an independent appraiser. 

Fay Ranches was recently featured in Open Spaces, in an article explaining conservation easements and how important they are. Read the article here.