Selling land is an important step for many property owners. However, unlike the process of selling a home, selling land can be complicated due to unique real estate laws and other considerations. If you are thinking about selling your land, consider working with an experienced real estate professional. They can help you determine the right price and find buyers quickly. In addition, they can also assist you with drafting and negotiating the necessary legal documents.
The first step in selling land is gathering the necessary documents. This includes the most recent land survey, title, and deed. These documents will allow potential buyers to know all the information about your land, including zoning and resources. You should also gather any information that will help you market your land, including aerial photos, topographical maps, renderings, and estimates from utility companies. This can help potential buyers see how they can use the property for different purposes.
Another important factor to consider is local zoning laws. Before you put your land on the market, check to make sure that it meets local zoning laws for building homes. You may also need a septic system or other infrastructure that will require permits. If you’re unsure about local zoning laws, it’s best to hire an attorney to help ensure that your sale is compliant with all regulations.
While you may want to sell your land in the spring or summer, the fall and winter are great seasons for selling raw land. Not only will you have fewer competitors, but the weather will allow buyers to better see your land’s features and potential. In addition, if you’re selling development or farming land, the colder months can give potential buyers time to prepare their property before planting season.
One of the biggest challenges when selling land is reaching a wide audience. Since a large majority of people who buy land are local, you’ll need to advertise your property locally in order to reach enough potential buyers. You can also try using online tools to market your land, which is a good way to reach out to people from a variety of locations.
In addition to advertising, you can also use social media sites to market your land. However, be aware that some of these methods may involve publicly listing your phone number. To keep your privacy, consider getting a second phone number that you can use for business purposes.
If you decide to work with a real estate agent, they’ll likely charge a commission for their services. This can add up to a lot of money, especially for a small piece of land. Luckily, there are ways to avoid paying commissions by selling your land to an investor instead. By doing this, you’ll save money on the commission and still be able to get your land sold quickly. If you’re interested in selling your land, contact us today for a fair cash offer. We can usually complete the sale within two weeks.