Selling your land to a vacant land specialist is easier, faster, and there are no fees or commissions involved when you sell your vacant land to us!
If you are thinking of selling your vacant land, you may be wondering whether to work with a real estate agent or sell direct to a land buyer. Does it really make any difference which you choose?
The answer is most definitely โyes it does!โ. Here are three reasons why selling vacant land to a direct land buyer can be the smart choice.
1. Itโs Quicker
There are far fewer people looking to buy land compared to those looking for homes. Therefore, it can take many months or even years to find a buyer. The market tends to be limited to cash buyers since obtaining finance for land purchases can be difficult. These cash buyers are few and far between and so it requires specialized marketing to find those buyers. Real estate agents often donโt put the same amount of effort into selling land as they know the market is slow and the commission rates are lower. They are not specialists in vacant land sales and so may struggle to provide the service that you need to sell your land at the best price.
Direct land buyers, however, are specialists in buying and selling vacant land and are specifically set up to close on the deal fast. Once you have provided them with details of your land, they will undertake the necessary research and make you an offer, often within a few hours. They donโt need to source financing to buy your land, so once the sale price is agreed to, the deal can move ahead. They often use third-party mobile notaries and title companies that are local to the area which makes the whole process even faster. Deals can be closed in as little as two weeks.
2. Itโs Less Expensive
Selling with a real estate agent involves considerable costs. Typically, they charge a commission of between 6% - 10% of the sale price. On top of that, when the deal is closed, youโll need to pay attorney and brokerage fees, as well as a fee for deed preparation. Direct land buyers, on the other hand, cover all your costs. They donโt charge commission or listing fees and they will cover all your closing fees. This can result in considerable savings.
3. Itโs Less Hassle
Selling land can be a stressful experience. Using a direct land buyer can reduce the hassle for you. Firstly, they will generally buy your land, whatever state itโs in. They will take care of cleaning up any rubbish or overgrowth once they have purchased your land, meaning you donโt have to organize or pay for this yourself. Secondly, you wonโt be involved in months of waiting for a buyer and then having to face the additional stress of protracted and high-pressure negotiations with your agent and buyer. Finally, because they are buying and selling land every day, they have streamlined the whole process and are able to handle the paperwork very efficiently for you.
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