Currently, the real estate market is competitive, and it’s imperative to be creative in selling land. Are you thinking of selling land but aren’t sure what the process is?
In this article, explore just how easy and quick selling land can really be. Read on as we here at Sell The Land Now break down how to sell your land fast with this guide, and be free of your land!
What Do Land Buyers Want?
When you’re wondering how to sell land fast, it’s important to understand what land buyers are looking for. Land buyers can be pickier about what they’re looking for since they’re going to be building their own homes.
They’ll want land sold as is that’s easy to customize. They’ll want to know the different zoning laws, and what can be built. It’s also about location.
Whether they’re contemplating building a multi-unit complex or a home, they’ll want to make sure that the property you’re selling fits their needs.
Some things they might want to know are:
- If drilling for a well is possible
- Property taxes
- Any restrictions
- Water access
- Accessibility of the property
- Utilities that are available
- Environmental concerns
It’s difficult to agree to a deal with the public since can always back out at any time. Sometimes it’s better to just sell your land fast, get cash for it, and not have to worry about coming to a deal with a potential land buyer.
How to Price Your Land
Before you put up a sign of selling land by owner, you’ll want to set a price for the land. You can have an appraiser come to evaluate the property and let you know the value of your land.
How to Find Potential Buyers
Ensure that any maintenance or landscaping that needs to be done is completed. You’ll want to make sure that the property is in tip-top shape before anyone comes to see it.
You’re more likely to get a higher offer when your land is more attractive. Make sure to trim the bushes and mow the lawn. If you’re not able to do intensive property maintenance, consider hiring someone else to do this for you.
Make sure that the road leading up to your property is well-maintained as well. Consider updating the driveway if it’s filled with holes and other dangers.
Any junk laying around, make sure to throw out. Make sure that any hazardous material is properly disposed of according to local laws. Any items that you can recycle, you’ll want to.
Consider planting wildflowers on the property to make it more beautiful and appealing. Remove any weeds that are on the property.
Once this is done you can hire a real estate agent to help you market the property. They’ll work to try to get the best deal for you.
You’ll save more money by not hiring a real estate agent. If you do decide to forego a real estate agent, it’s a long-drawn-out process without one. They’ll normally receive a percentage of the sale price of your land.
List the Property
Once you have what documents are needed to sell land, you can place your land for sale on different sites online. You can use eBay, Zillow, Craigslist, and Facebook. The goal is to have as many views as possible for your property since that can lead to a higher likelihood of a sale.
Also, offer to show the land to prospective buyers. Don’t just let them go by what’s online, let them see it in person. Show them the businesses in the area, the neighborhood, and the property lines.
Know Zoning Laws
You’ll want to know the rules of zoning before you sell your land. Prospective buyers might ask you about the different zoning laws, and rules of the property.
The last thing you’ll want to do is make them wait for an answer. Worse than this is providing the wrong information. This can go from a prospect to a cold lead fast.
Selling Your Property to the Government
If your land is far out near protected territory, you might be able to sell your land to the government. You can find out what the requirements are to sell your land to them.
Tell Family and Friends
Besides listing it online, tell your friends and family that you’re selling land. If they’re not interested, they might show someone who is. Share the link to your land for sale online, and ask your friends and family to share it on their social media pages.
Talk to Neighbors
Do you have neighbors close by who might be interested in expanding their land? It doesn’t hurt to reach out to neighbors in the area and see if they’re interested in buying your property.
Negotiating the Price
If you’ve never sold land before, it might be hard to get the price you desire. This is where selling your land fast, or hiring a real estate agent comes in.
You can use some tactics to try to up the offer, but keep in mind it can detract the potential buyer. If you’re in a competitive area you can decline the first offer to try and encourage the buyer to come back at a higher price.
Consider renting the land if you’re not ready to sell it. You can also add extra features to the land such as a riding mower.
Exploring the Process of Selling Land
Now that you’ve explored the process of selling land, you should be well on your way to selling your property. Are you ready to skip the process and sell your land fast?
Dreaming of getting cash fast for your property? Contact us today and find out why it’s safe and easy to sell land online!