Selling Your Land To Us vs. w/an Agent vs. Selling On Your Own
If you’re thinking about selling your land, it’s smart to think about the different options that are open to you before making the decision.
|Selling w/Agent||Selling Land Yourself||SOLD to Value Land Buyers|
|Commissions//Fees:||6% on average. That is if they will take the listing||Listing fees, MLS fees, Land site fees, Marketing fees.||ZERO!|
|Average Days Until Sold:||6 mo. +. Land can be hard to sell, sometimes land sits for years.||6 mo. +. Land can be hard to sell, sometimes land sits for years.||We can make you an offer this week!|
|Number of Showings:||It Depends||It Depends||NONE!|
|Who Pays Closing Costs?:||2% on average is paid by seller.||2% on average is paid by seller.||We pay.|
|Closing Date:||30-60 +/- days after accepting buyers offer||Variable.||Up to You!|
|Costs for Land Improvements:||Variable.||Depends on land condition||NONE!|
When most people think about selling their land, their minds usually go straight to listing with a real estate agent. Their hope is that the agent will spend the time to put together a great marketing plan, send it out to buyers, and then the seller will get a great offer for their land. If your land is smaller or very rural, then you may think about selling it on your own. Here are a couple thoughts.
Getting an Agent
The problem is, land is tricky. First of all, it’s often hard to get a real estate agent to represent your lot or land in the first place. Many of the properties we buy are small or rural and so there aren’t as many buyers available. Many real estate agents will consider that and not really put effort into selling and marketing your land.
Listing Time for Selling Land
The other issue with land is the selling time….regardless if you chose to sell it yourself or go with an agent. Because land and lots are a more specialized piece of real estate, there aren’t as many buyers. It’s usually a niche buyer that will consider a piece of land in the first place. So the seller or agent has to do a lot of networking and contact work. That’s not to mention the prep work and showings that will be necessary as various buyers come to “kick the tires.”
Some properties will be listed for years without much interest! With us you don’t worry about that at all. We can give you an offer this week!
We’ve broken down the ways to sell your land, below, so you can compare your options to make an informed decision.