4 Quick Tips Every Land Seller Should Know
There’s never been a better time to sell your land.
Pre-pandemic, the national average price per acre of land had already increased by $1000 in a year. But with renewed interest in owning properties with outdoor space, the shift to working from home, and more affordable house-building opportunities, vacant land sales are set to soar in the coming years.
That said, selling land can be tricky. Not least because you’ll need to complete a series of vital steps for a successful sale.
So, how can I sell my land faster and for a better profit? Keep reading to find out!
1. Determine the Value of Your Land
If you’re wondering, “how much is my land worth?”, you can click on the link to find out the steps you need to follow. Remember, whether you choose to do it yourself or contract a professional appraiser, the value will only ever be an approximation. In reality, the price a buyer is willing to pay and the price you’re willing to accept is the true measure of how much your land is worth.
That said, determining your land’s value gives you some much-needed extra insight when selling your land for cash.
2. Prepare the Documentation
Having all the necessary documents needed to sell land at your disposal is also vital for a quick sale. If you’re not sure where the deeds to your property are, find them and scan them so you also have a digital copy. If you’re able to produce the legal documents for selling your land at a moment’s notice, this puts prospective buyers at ease, making them far more likely to enter into a deal.
3. Clean and Tidy Your Land
As well as preparing the documentation, you need to prepare the land itself. You might not be able to stage your land as you would a home, but you can improve your land’s curb appeal by removing debris, mowing the grass, and trimming overgrown bushes. Being able to see your land looking its best will make it far more attractive to potential buyers.
4. Maximize Your Listing
If you’re unsure of where or how to sell land by owner, remember that quality and quantity both count. Once your land is looking good, it’s time to prepare the listing. For optimal results and maximum buyer interest, include HD photos, a few drone shots from the air, and even a virtual tour.
As for where to list, covering all angles is the best tactic. From Craigslist and Facebook to specific land sale sites, more eyes on your listing means more chance of a sale. Placing a “for sale” sign on your lot will encourage local interest. As will getting in touch with neighbors and any land developers working nearby.
Your Quick Guide to Selling Land
Selling land often means taking a different approach to what you’d use to sell a home.
But with these tips to guide you, attracting potential buyers and securing a quick sale for a good profit will be a lot easier.
Want more great advice and inside scoops? Be sure to check out our other posts for all the latest tips and guides on everything from travel to real estate.