Do you have vacant land that you want to sell? Then you’re probably searching right now for land buyers in who can buy your raw land. While there are many people who want to buy real estate with a house already on site, you might be having a harder time finding someone to buy your empty land. The good news is: there are buyers you there. Keep reading this blog post for top tips for finding land buyers in for your vacant land.
Tip #1. Know what your land is good for
There are many different kinds of land buyers in . For example:
- You might encounter land buyers who want the land because they intend to build a house for themselves.
- You might find land buyers who are looking for recreational land where they can enjoy hunting and fishing on the weekends.
- You might meet land buyers who want to buy the property and hold it until a future point when it can be developed.
- You might talk to land buyers who want to buy the property so they can develop it and subdivide it right away and sell off smaller parcels to builders.
Figure out what your land is good for, including what it is zoned for by the city or state (if applicable), and use that to help you find the right land buyers in for your property.
Tip #2. Skip the agent; sell directly to land buyers in
A real estate agent may try to list your land for you but the reality is, land doesn’t sell the same way that a developed lot sells, and most agents focus on land that already has a house on it. Sometimes, land owners find that their land sits for a long time because the agent doesn’t sell it. If an agent hasn’t been able to sell your land, or if you’d prefer not to wait for an agent to try and sell your land, you can sell your land directly to land buyers in (like us at House Hub Real Estate Solutions).
Tip #3. Take good pictures of your land
Land buyers in may not always be able to travel to your land to view it in person but they will want to see what it looks like and what opportunities exist. So take many great pictures of the land, including pictures facing in each direction as well as pictures of the neighboring land. If there is development nearby, such as a growing urban area or even just a new road being built, take pictures of that so the buyer knows.
Tip #4. Consider accepting seller financing
Some land owners want all the money up-front because of a financial need. However, this is not always the case. If you want some money up-front but think you’ll benefit from some cash flow then consider financing the land buyers in who buy from you.