How to find a buyer for your land – The Basics

Posted on: November 23rd, 2016 by , No Comments

Do you own a parcel of land that you want to sell, but don’t know how to find a buyer for it? In this day and age, there are many different ways to sell real estate, and it can be a bit confusing as to which method works best. In this article, we’ll go over the most common ways to find a buyer for your land, and which methods are most effective.

 

When the time comes sell your land, typically the first thing that comes to mind is to call up a real estate agent. Agents are used in the majority of real estate transactions, and for a good reason: Their sole purpose is to do all of the legwork of finding a buyer for the seller. This mareal-estate-agent-find-buyerkes things extremely easy for the seller. All you have to do is make a phone call, and the agent does the rest. An added benefit to working with an agent is that your property will be listed on the MLS (multiple listing service). This gives your property a ton of exposure, and increases your chance of finding a buyer. However, all of this does come at a cost. Real estate agents most always charge some sort of commission fees, which can add up, depending on the purchase price of the property. Another thing to consider is the length of time it takes for an agent to actually find a buyer. A lot of agents will have multiple properties that they are marketing at the same time, and a specific property might not be their priority.

 

Another way to find a buyer is to market your property through the Internet. There are so many different places that you can list your property online, and some of the most common websites include: Zillow, Craigslist, Facebook, and Backpage. These websites are free to use, and can give your property the exposure it needs to find a qualified buyer. On the other hand, posting your property on these sites does require a fair bit of time, and energy. This is one of those things where the results are equal to the amount of effort put into the listing.

 

Using a real estate agent and listing your property yourself online can both be great ways for finding a buyer… but what if you don’t want to pay realtor fees, or spend a lot of time and energy listing your land online? This is where the private investor comes in. This can be one of the easiest, least expensive, and fastest ways to sell your land.. All you have to do is search online for a land investment company, and fill out a short form with information about your property. They will usually send you an offer within a day or two, and will handle the entire closing process! When an investor buys your land, you typically won’t have to pay anything out of pocket, including unpaid property taxes. It should be noted however, that most investors will make offers that are below market value, in exchange for a quick and easy transaction.letting-go-of-land-find-buyer

 

In a nutshell, these are some of the most common ways to find a buyer for your land. It doesn’t have to be confusing, or expensive! In most cases, a simple search online will lead you to the right place. Once the buyer is found, the closing process begins, and you will be one step closer to selling the land that you no longer need.