Time to sell your land? Whether you’ve reached the point of exit with the investment, your dreams have changed, the parcel no longer suits your building plans, or life has taken an unexpected turn, it’s easy to understand that you don’t want to split the profits with a real estate agent when you can sell the land on your own. Agents typically charge six percent of the sales price in commission on land with a value of under $1M.
Most people think that selling land is as easy as walking in the park. On the surface, it seems like you don’t have to do any remodeling or clean up before you can list your house for sale. However, it’s a huge mistake to think that selling land isn’t an involved process. The sale process is going to be significantly more drawn out, and finding the right buyer can feel like finding Nemo. The truth is that not many people are buying lands compared to ready to move-in houses. Not only do you have to up your marketing game tremendously to find a buyer, but you also have to gather relevant information about your land allowable usage to present to your buyer.
We have gathered the following tips on how to sell land without a Augusta real estate agent.
Know Your Buyer
Understanding who your buyer is will help you sell your land without a Augusta real estate agent. Your buyer might be a building developer or a prospective homeowner wanting to build their dream home. You will want to highlight different characteristics of the land that will make different buyers tick. For example, a developer will care more about his building cost, resale value and profitability. On the other hand, a homeowner will just care more about the location of the land and what type of house style they can build on it. It is definitely an involved process to market your land correctly while pulling together all the relevant data.
On the other hand, by making a direct sale of your land to HBI Home Solutions, you won’t need to be bother with setting up a costly marketing campaign. Plus, we are direct properties buyer, so you won’t have to pay hefty real estate agent fees on the sale.
The Facts
When you set out to sell land without a Augusta real estate agent, you will need to gather all of the critical data about the property. For example, does the property have road access, what utilities exist, does the land need to be drilled for water, the size of the land, the boundaries are marked, are there any easements, and the zoning? What about environmental concerns? If you’re selling land with water footage, you should know your water rights as well. These are just a few of the questions you’ll face from potential buyers. The direct buyers at HBI Home Solutions work with a full-service team, quickly locating any information on the property needed, which helps speed the process.
Right Price
Like selling anything, determine the sale price is big factor for selling land without a Augusta real estate agent. You will have to think about several characteristics of the land which are influential to its value. These include, but not limit to: distance from major employers in Augusta, any water frontage, or scenic views that the property has. It is challenging to quantitatively put a dollar amount on each of those feature. If you set your price incorrectly, it can be a kiss of death to the sale of the land. Land buyers have often been looking at a lot of properties and can have a good feel for the price point. If you price yours too high, they’re likely just going to pass on it. On the other hand, if you price too low, they will begin asking mental questions of what is wrong with your listing. When you decide to sell your land to HBI Home Solutions, price valuation won’t be an issue since we’ll do all that for you and provide you with the information. We will be ready for closing on the date of your choice. How soon or how long you can sell is up to you.
Marketing to Your Buyer
After you’ve drafted an ads for your land sale, gather appropriate information about the land, and settle on a reasonable asking price, the last step is to market it to as many people as possible. The most common marketing options are local newspapers and on the internet. You can elect to create your own website for the listing, or post your property on common sites like zillow, realtor, redfin, or Craigslist. If your land is buildable, you can try contacting local developers to see who want to take on new projects. By selling your land to the direct buyers at HBI Home Solutions, you can forget about waiting and answering phone calls/emails day in day out. Our investor network include developers and builders who would love to tackle new projects.
HBI Home Solutions
A direct sale to HBI Home Solutions is a fast and easy way to sell land without a Augusta real estate agent. Our core values are honesty and being fair, so we will arm you with all the information and let you decide for yourself how you want to sell your land. You will have a side-by-side comparison between our offer and how much you can sell it on your own. Our credible builder and developer partners will guarantee a fast and smooth closing on your property. Call HBI Home Solutions at (706) 389-5419 or send us a message to learn more!