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Selling land without a realtor
You can sell land yourself. Here is what the agent would have done, so you know what you are taking on.
What you handle yourself
- Pricing: from recent sales of similar land, not asking prices.
- Marketing: photos, a clear description of access and utilities, and listings on land sites.
- Enquiries and showings.
- The contract: use a title company or attorney for the paperwork.
- Closing: the closing office handles title, the deed and payment.
When an agent is worth it
For land in an active market, a local land agent's reach usually pays for the commission. For land that is hard to sell, many agents will not take the listing, and a direct sale or selling it yourself are the realistic options.
Selling to a direct buyer
A direct sale is the simplest version of selling without an agent: one buyer, one written offer, and a closing office doing the paperwork.
Plainly stated. Our offer is a cash offer. It will be lower than what the land might bring if you listed it with an agent and waited for a buyer. In exchange you avoid commissions, listing time and the uncertainty of a sale falling through. We may buy the property ourselves or assign our purchase agreement to another buyer; either way the price you agreed is the price you are paid at closing.