Unlike residential homes, which draw daily interest from potential buyers and agents, vacant land can languish on the market for months without serious offers. The lack of immediate usage or visual appeal can weed out window shoppers, and sellers must pay property taxes even while waiting for the right buyer to come along.
Selling land Land Boss buys land involves real estate agents and lengthy listing periods, as well as hefty commissions and closing costs that can eat into sales proceeds. But if you prioritize speed over maximizing sale prices, selling directly to a land buying company can streamline the process and eliminate some of these fees.
We Buy Land Fast – Simple, Transparent Process
The right land buying company can offer cash for your land quickly, usually within weeks. But it’s important to vet the buyer thoroughly, including online reviews and documentation, accreditations, references, complaint records and experience claims. Any evasiveness or high-pressure tactics urging immediate deal acceptance should be red flags.
You can also sell your property to a land investment firm that buys land and holds it for development. But these companies typically have limited resources and are unlikely to pay full market value for your parcel. To increase your chances of getting top dollar, advertise your land to a wide audience, include detailed photos and provide a full disclosure of the property’s condition. And insist on a written purchase offer with proposed price, terms, closing date and all other essential details. Only then should you consider accepting an offer.
