Everyone wants to have a place they call home, and buying or selling a piece of property is one of the ways to find your dream home. But owning property is more than just having a typical three-bedroom, two-bath home with an attached in-law suite. Some real estate owners own land that is vacant without any improvements.

When it’s time to sell your land, you’ll need to do more than stick a “for sale” sign in the ground if you want to get the highest price. Here, we’ll look at factors that affect land value and suggest ways to improve your property so you can get the best possible price.

Understanding the Land Market 

One of the toughest questions landowners ask when considering whether to put a property up for sale is, “What’s it worth?” Valuing real estate with an existing building is pretty straightforward–valuation is determined by the income it produces or by looking at comparables in the area which have recently sold.

Market trends and factors affecting the value of land

Stock markets, inflation, and high employment can significantly impact the value of everything, including land. During the recent pandemic, where and how people live and work changed dramatically. Many were allowed to work from home, and commute times and distance no longer factored into workers’ geographic locations. As a result, land in once stagnant markets was purchased and, combined with historically low-interest rates, made prices soar.

Other factors, including location, zoning requirements, and local demand, affect the value of land, and we’ll explore them below.

• Location and accessibility – If you’re hoping to sell your land for maximum profit, your location will probably be the most significant factor if buyers choose to walk away. If folks are looking for oceanfront property but you’re 45 miles inland, it might take longer to find the right buyer. It’s the same for accessibility–meaning land that is difficult to reach, whether it’s miles outside the city or requires a four-wheel drive to get up the driveway, can be difficult to sell.
• Zoning and land use regulations – Local governments usually dictate zoning requirements and have a say regarding how your property can be used. Specifically, if you own land in residential areas and want to create an amusement park, government zoning boards will decide whether or not to issue the permit to proceed with construction.
• Demand for land type (residential, commercial, agricultural, etc.) – Single-family home construction continues to dominate the market, but multi-family properties are on the rise in many markets. Additionally, commercial properties remain hot as developers continue to meet the demands of a growing population looking for more restaurants and entertainment venues.

Researching the local land market

Another way to maximize the value of your property is by comparing prices of recently sold properties, otherwise known as comps. You can use several methods, including the “go it alone” approach, where you use online resources to perform market analysis or consult with local real estate agents, land appraisers, or land buyers who can give you a better feel for what the land market is currently doing.

Maximizing the Value of Your Property

Once you’ve researched zoning regulations and analyzed the local market, it’s time to highlight the finer points of your land and make it as desirable to potential buyers as possible. What is your property’s biggest selling point? Why would potential buyers choose your land over similar properties? Let’s highlight some of the answers to these questions in the sections below.

Improving the land’s physical appearance 

Making your property look its best not only makes sense when you’re attempting to sell it but also as a way of preventing accidents and wildfires. Depending on your location, clearing debris such as downed trees and underbrush can prevent wildfires from spreading to structures on your property.

Additionally, making necessary repairs to fences and roads will let potential buyers know they will have one less thing to worry about and could decide whether they choose to make an offer. Finally, if your land doesn’t have fences or other landscaping features, adding a fence row or even a pond can add thousands of dollars to the value of your property.

Marketing the property effectively 

The first line in your land listing should highlight your land’s unique features and benefits. What makes it extraordinary compared to nearby listings? Why did you buy it? Answering these questions goes a long way to ensure you get the most money for your land.

There are many ways to sell your property in today’s market. Utilizing multiple channels for marketing, such as online listings, open houses, and selling brochures left on-site, can reach more buyers and get the property sold quickly.

Our Final Thoughts

Selling your land can be challenging in a tough economic market. You’ll need to understand market trends, how to negotiate with buyers, and improve the appearance of the land to get top dollar. Working with a trusted advisor specializing in the land market is an intelligent way to ensure the price you receive for your land is fair and makes sense financially.

The post Understanding the Land Market – How to Maximize Land Values appeared first on EasyLandSell.

The recent pandemic has shown that location doesn’t matter as much as it used to. Many workers now have the flexibility to work remotely from anywhere there is an internet connection. Now, more than ever, workers can look for available home options never before possible because of affordability and commuting distance.

This new reality allows people to now have the freedom to live where they want and no longer worry about the daily commute. For many, this includes the option of moving away from urban areas filled with smog and congestion and back to small towns where life moves at a slower pace. Families are looking for good schools in quiet neighborhoods and with many occupations seeing increased wages, building a home and living the American dream is entirely possible.

If you’ve considered selling your land but weren’t sure of the timing, the reasons mentioned above and the ones we’ll mention below will show you why there’s no time like the present.

Here are five reasons to sell your land now and take advantage of a fantastic real estate market.

How Strong is the Real Estate Market?

The demand for real estate will stay strong nationally as the country continues to recover from the pandemic. Many workers who lost their jobs or were forced to close businesses can now seek opportunities elsewhere. Across the country, rental prices continue to rise and in many communities, not only is it challenging to find an affordable apartment or home to rent, it’s almost impossible to find anything to rent as many towns suffer from housing shortages.

As the shift continues away from urban areas and into rural settings, buyers are looking for ways to have a home while having a smaller carbon footprint. In addition, the price of lumber and the scarcity of other essential building supplies have shifted the way many think about the home-buying process.

The great thing about owning vacant land is the opportunity to do what you want with it, or at least what’s allowed by local ordinances. With rental prices so high, tiny homes, recreational vehicles, and other manufactured structures are now a viable option. With the purchase of a small plot of land buyers can have the foundation to live the life they desire while still being connected to the outside world.

Have Your Plans Changed?

Did you purchase property with the intent to build a retirement home or to use it for recreational purposes, and your plans have changed due to economic hardship or other personal reasons? While some try to plan out every aspect of their future, life sometimes takes a turn and heads in a totally different direction. If your life plans have changed and you find yourself no longer needing the land you inherited or purchased, choosing to sell it can bring a much-needed financial benefit.

Are the Taxes or Dues Too High?

As the nation faces record consumer prices and inflation, many local towns and communities struggle to keep up by raising taxes. In addition, as the shift continues to work from home, many heavily taxed states like California and New York are losing residents as they relocate to states with better tax rates.

Another reason why now might be a good time to sell your land is that the HOA fees or membership dues required to own property in certain developments have gone up or are just unreasonable.

If you bought your land at a low price and it has increased significantly in value, you could save money on your taxes by selling it now. The capital gains tax is a tax on the profit made from a non-inventory asset. In simpler terms, the difference between the purchase price and the selling price of your land is considered profit, and you’ll have to pay taxes on it in most cases. Alternatively, if you overpaid for your property and ended up selling it for a loss, you can use that capital loss to offset any capital gains.

Although selling at a lower price might not make sense, the tax benefits outweigh the lower selling price to some with complicated investment portfolios. Of course, consulting with a tax professional is the best way to know if this applies to your situation or not.

Mortgage Rates are the Lowest in History

If you have a good credit score, then applying for a mortgage right now is the first step in the home-buying process. With a vacant land purchase, you have the opportunity to design and build your home while paying thousands less in interest than those who pursued the same dream in the early 2000s.

Before the housing bubble burst in 2008, the average annual percentage rate for a 30-year fixed mortgage rate was above six percent. By comparison, the same 30-year fixed mortgage rate in today’s market is less than 3.5 percent. Over the life of the loan, this equates to paying over $145,000 more in interest on a $250,000 mortgage.

While mortgage rates are generally higher for land-only purchases, they are still lower than previous years. To qualify for a loan on vacant real estate, buyers will typically have to have a larger down payment. Mortgage companies will consider your intentions with the property–whether for recreational purposes or to build a home–and will often base your rate on that.

As a seller, one option to keep in mind is owner-financing with a land contract. If you have found it challenging to attract the right buyers, owner-financing can be an attractive selling point and increases the odds of selling your land quickly.

Low Inventory

Vacant land is a limited commodity. There’s only so much of it, and it doesn’t matter if you’re looking to buy or sell because today’s favorable economic climate is good for business. Low-interest rates mean new homebuyers can build their dream home with affordable terms, and landowners looking to sell can get record prices for the land they no longer want or need.

The post 5 Reasons To Sell Your Land Now appeared first on EasyLandSell.

Vacant Land Valuation

How much is my land worth? Do you want to find your land’s market value in your area? Finding out the market value of raw or vacant land can be challenging in a fluctuating market. There are so many factors at play when estimating land values that often, landowners can overprice their properties resulting in more time on the market.

The tips in our guide can help you price your raw or vacant land effectively and bring buyers including developers and investors to the table, allowing you to sell your land quickly. Read on to learn more.

Comparable Land Sales

How to find the cost of my land? How to find the land value of a property? One of the easiest ways to estimate the market value of your land is by looking at comparable sales in your area. Using online search engines can usually provide a rough idea of past land sales in your area and how long listings have been on the market. Or, if you’re not having much luck finding recent sales comparable to your listing, then speaking with an experienced real estate agent who specializes in the vacant land appraisal values can often prove beneficial.

Exploring Sources for Land Valuation Comparisons

If performing a general online search isn’t getting the results you expected, you may need to research specific sites. There are many real estate websites, but two of the most popular land value search sites are listed below.

Landwatch

If the property you are trying to value is situated in a rural setting, this site will probably bring the best results. Landwatch is best known for providing listings for vacant land, farms, ranches, and mountain property.

Zillow

This site offers everything a potential buyer or seller could need when it comes to real estate. From current property listings to mortgage lenders to recent sales, Zillow has a lot of information available to consumers.

Both sites offer land value search parameters by ZIP code, state, county, and acreage, meaning you can get recent sales specific to your area. As with any search, findings will show recent sales and estimated values of current listings. Ultimately, the value of anything is determined by the agreed-upon price between buyer and seller.

What Factors Change Raw Or Vacant Land Values?

How to determine the land value of a property in your area? Suppose you’re considering listing your land for sale and have a general idea about its value from searching comparable listings. In that case, there are other things to consider which could increase the estimate. Read on to learn more about why your land may be worth more than you thought.

Acreage

According to the U.S. Census Bureau, the average size of a lot for a residential home is around 8,892 square feet or roughly one-fifth of an acre. Therefore, if the land you are selling is several acres or larger, the potential for selling it at a higher price is significantly increased. Not only are buyers looking for larger lots to build new homes, but if the property is big enough, developers and investors might be interested in building new subdivisions or for commercial development.

But it’s not just buyers looking to build a new home that might be interested in your land. Some dream of living out in the country or owning a farm, and if your land meets these requirements, it can increase the amount buyers are willing to pay.

Utilities

Some of the features that many land buyers look for are listings that have access to utilities already on-site or are available nearby. A lot depends on what potential buyers intend to do with the property they purchase and which utilities they prefer. For example, buyers looking to build a new home may pay more for a listing that already has access to electricity and water.

Conversely, buyers looking for land for recreational purposes such as hunting and fishing might not need any utilities, except perhaps, a road to access the property, thus saving you money by not making unneeded improvements.

Topography/Usable Space

If your land is in a desirable location, such as close to the beach or near a famous attraction, chances are your listing will sell quickly if it’s priced correctly. If your land doesn’t fall into this category, then the next step is to highlight any special features or usable space.

Does it have a view? Is there room for the kids and dogs to run? Any natural habitats or wildlife nearby? These characteristics are great to include in your listing and are what buyers are looking for. Plus, they can also add thousands of dollars to the value of your land.

Road Access

Can buyers get to your land easily? Does it have road frontage and a driveway already in place? If so, this can increase the value of your land by thousands. There are many factors to consider when estimating costs for a driveway, such as the type of material used, the length of the drive, and the professional crew performing the work. Sometimes, a load of gravel is all it takes to make a parking area on unimproved land and make it more desirable to interested buyers.

 Surrounding Area

As the saying goes: Location is everything, and that’s especially true when buying and selling real estate. But, again, the appeal of your land will vary greatly, and some who are interested in oceanfront living won’t be as interested in a listing with five acres and room for a pool. The key to selling any property is pricing it at fair market value and finding the right land buyers, developers, or invcstors.

Land Property Use

As we mentioned previously, the value of your land depends a lot on its intended use. For example, if the land is suitable for recreational purposes, buyers might not pay as much for it as land close to a major attraction or a prime building location.

Hiring a Real Estate Appraiser For Land Valuation

If you’ve done the research and spoken with agents and are still finding it difficult to estimate the value of raw or vacant land in your area, then it might be time to hire a real estate appraiser. Not all land appraisers are created equal, though, and you should make sure they are knowledgeable about vacant land appraisal and not just appraising homes.

A smart idea is to ask for their license number and speak with the real estate governing board in your state to make sure they are legitimate with an active appraiser’s license.

By using the tips mentioned above, estimating the value of your raw or vacant land can be a simple process.

Do your research on where to find the land value of your property, set your price, and let the land buyers come to you.

The post What is My Land Worth? How to Estimate Land Valuation appeared first on EasyLandSell.

Do we need to pay tax for selling land? Whether it is for business or personal use, owning property is a dream of many across the country. However, depending on the circumstances, landowners may find they no longer have use for their land or may wish to sell land and buy something else. Whatever reason you decide to sell your land, there might be tax consequences when it comes time to file your yearly return.

This article takes a look at the different taxes involved when selling land. Of course, this isn’t an exhaustive list, and sellers should consult with a tax professional to find which options work best for them.

Let’s get started.

Federal Capital Gains Tax on Land Sales 

According to BankRate.com, a capital asset is an item you own for business or personal purposes, such as a car, a home, a baseball collection, or vacant land. When you sell a capital asset, you incur a capital gain, or a capital loss, depending on the price paid and the price sold. Capital gains have a special tax rate, and capital losses can often reduce the tax owed.

What does this mean for you as a seller? Many scenarios apply to capital gains or losses, such as the length of time owned, whether the asset was a gift and your unique tax situation. Briefly, capital gains are classified as long-term, meaning the asset is owned longer than a year, and short-term, which is held for less than a year.

The tax code has undergone significant changes in recent years and may well do so again under a new administration. Also, depending on where you live or where the land you sell is located, you could be liable for state capital gains taxes as well.

Let’s move on and look at other taxes involved when selling land.

Net Investment Income Tax

The net investment income tax (NIIT), often called the Medicare Surtax, is based on your overall income and can add up to 3.8 percent on your capital gains from real estate. Single taxpayers making up to $200,000 annually are immune to this tax, while married couples filing jointly can make up to $250,000.

To further explain the NIIT, a simple land transaction breakdown is as follows: Landowner sells a parcel of land for $75,000. To find out the net investment income tax, multiply the sales price of $75,000 by 3.8 percent, and you get $285. This isn’t a large amount but could certainly increase on higher-priced land transactions.

Section 121 Personal Residence Exclusion

If the parcel of land you are selling is also your primary residence, you may be able to deduct up to $250,000 for single and up to $500,000 for married couples of capital gains. Residency restrictions apply, and you must have lived in the house for two out of the last five years to receive this benefit.

Section 1031 Tax-Deferred Exchange

This tax benefit is ideal for those that want to use the proceeds of one transaction to buy another piece of real estate. The requirements are that the new purchase must be of equal or greater value, and you can defer the capital gains on the first transaction until the subsequent purchase is sold.

The logic behind this rule is that you are reinvesting any gains and are not changing your overall wealth. One thing to consider is even if you keeping selling and reinvesting in real estate; eventually, the tax will have to be paid.

Section 664 Charitable Remainder Trust

Another way to save on capital gains made from a real estate transaction is to place the proceeds from the sale in a charitable remainder trust. A charitable remainder trust is an irrevocable trust designed to reduce the tax burden of land sellers by paying beneficiaries of the trust for a specified period and then donating the remaining monies to a specified charity.

The benefits of a charitable remainder trust are that the trust can provide regular income for a specified time while allowing for philanthropic pursuits at the same time.

Selling Land Taxes

As with any of these tax strategies, some or none of them may apply to your situation. To find out which of these might work best for you, consult with a tax professional who specializes in land ownership.

We Buy Land

Do you have raw or vacant land for sale? Contact us and get a quick offer!

The post Taxes Involved When Selling Land appeared first on EasyLandSell.

Selling land fast can be a challenge. Sales cycles for land sales are typically longer than homes or other types of real estate. Marketing and selling land fast can be a challenge, especially for a first-time land seller.

Here are some tips on how to sell land fast!

Price it right

People are always looking for a deal and pricing your slightly below market value is one way to attract the attention of motivated land buyers.

If you want to sell land fast, price is often the most significant factor. Discounted properties tend to sell much faster than those priced at or above market value, especially in a market where there is a lot of inventory.

Check out local listings, see what comparable properties are selling, and try and price your property competitively. If you’re motivated to sell your land fast and the price is not the biggest issue. Consider offering a price that is too good to pass up.

Price is king, so pricing your property right is one of the first steps to selling your land.

Have Your Land Information Ready

Research the property thoroughly before creating a listing, and make sure you have all the necessary property information included in your land presentation. Informed land buyers are more likely to make a decision, and having all the information available to your buyer will allow them to move forward with a sale faster. Make sure and provide any information you’re land buyer will need and make it readily available.

Having pertinent property information accessible to your buyer makes selling your land fast possible because it eliminates the buyer having to spend valuable time collecting the information on their own.

Increase your Exposure – Find Multiple Listing Sites to Sell Your Land

Getting as many people as to see your property listing is critical to selling land fast.

Find as many different land listing sites or places you can sell your land.

Here are a few websites where you can list your land:

• Landwatch
• Land and Farm
• Lands of America
• Craigslist.com
• Backpage.com
• Facebook Marketplace

Sell Buyer Direct – Find a Land Buyer

One of the fastest ways to sell your land is to sell directly to your buyer. If you are comfortable talking to potential buyers, showing your property, and negotiating directly, your best option may be to directly deal with your buyer. Including go-betweens in the transaction will likely slow the process as you’ll have to deal with many backs and forth and additional paperwork and requirements that will slow the sales process.

If you have a motivated buyer who wants to buy your property and has made you an offer that you’re willing to accept, then it makes sense to get the deal done now. One of the critical factors in selling land fast is to take the initiative and push the sale forward whenever possible. Put the terms in writing with a sales contract and get it into escrow ASAP.

Waiting for 3rd parties to go back and forth can take days, and sometimes deals fall, though, because your land buyer finds another piece of land for sale that they like better. If you’re comfortable communicating with potential land buyers on your own, all you’ll need to get started is a basic real estate agreement.

Depending on the property’s price and your experience with real estate transactions, you may need to consult a real estate attorney to make sure you cover all liabilities and potential issues.

You can then find a local title company that can handle the escrow and asks that they set up as quick a closing as possible.

If you’ve priced your property right, you can ask that the buyer wave any contingencies or inspection and ask for a quick closing.

Follow these tips and you’ll be on your way to a faster land sale. Good luck! 

The post Tips to Sell Land Fast appeared first on EasyLandSell.

Owning real estate is a dream for many across the United States. For most landowners, the idea of having county records list your info on searchable public platforms isn’t an issue, but some property owners might be an exception to this rule. One way to minimize access to your data and keep your name out of the public record is to place your real estate into a land trust.

In this article, we will explain what a trust is and how to sell land already held in a trust, so you can decide if it’s something that works for your real estate leads.

Let’s get started.

What is a Land Trust in Real Estate?

A simple Google search reveals three common types of land trusts, distinguished by their structure and how they operate. These land trusts are a real estate investment trust, a conservation land trust, and a community land trust.

• Real estate investment trust — This trust is managed by a trustee and works on behalf of the beneficiaries.
• A conservation land trust is a private, nonprofit entity that acquires land and easements to limit development in certain areas.
• Community land trust — Also a nonprofit, this trust works to acquire affordable housing and develop land for various purposes.

Although you might be involved in any of these land trusts, we will explain selling land held in a real estate investment trust for our purposes.

Benefits Of A Land Trust

Why do you put land in a land trust? Perhaps the most significant benefit of owning land in a land trust is anonymity. The land is recorded in public records under the land trust’s name, keeping actual owner names off the record. Famous landowners often use land trusts to keep their personal information private, and other owners use land trusts to keep their information confidential during the buying and selling process.

Another benefit of holding land in a land trust is to preserve large tracts of land for future use. This benefit can aid developers whose business it is to buy and hold on to potential development sites while going through the planning stages.

Selling Land Held in a Trust 

Selling land held in a trust is often the same process as selling land that isn’t in a trust. The only difference is that the transaction’s public record will list the land trust’s name and not the landowner’s name.

Besides anonymity, another reason landowners hold property in a land trust is to protect against litigation. For owners who have tenants on their property, having the property listed in a trust can prevent unnecessary judgments brought against them. Litigation attorneys often work on contingency, so an owner who doesn’t appear to have many assets may limit their exposure to further litigation attempts.

Do You Have The Authority To Sell The Property?

If more than one owner holds the title in a land trust, then selling off the trust assets might be difficult. The trustee will negotiate on behalf of all interested parties to find an acceptable selling price. This is often done by other members of the trust buying out the other party.

Of course, if ownership of the trust is limited to one party, then there are no problems with selling off the trust assets. Sellers can use the anonymity of the trust to conduct business without fear of intrusion from outside parties.

What Happens To Property Sold From A Land Trust

As with all real estate transactions, a seller wants to get the best possible price on every deal. When a deal is made and the land is transferred from the trust to the new owner, the money is converted into a personal property trust. It holds the money in place for the beneficiaries, and everything remains in place.

As an investor, placing income property in a land trust has numerous benefits. It provides anonymity while also shielding owners from unjust litigation. This is not without its criticisms either, because some owners classified as “slumlords” use trusts to hide from public officials regarding code enforcement issues on their property.

Now that you have a basic understanding of the types of land trusts available, you will be better informed to see if a land trust works for your real estate needs.

The post What to Know About Selling Land in a Trust appeared first on EasyLandSell.

Whether it’s a small farm near the Great Smoky Mountains or a beachfront lot on one of the coasts, when it comes time to sell, you’ll want to know how to create a land listing that sells.

The Internet has made selling property a whole lot easier in some ways. By having your listing on one of the many sites available like eBay, Craigslist, or one of the local Facebook marketplaces, interested buyers are only one-click away. Having well-crafted headlines, detail-rich listings, and high-quality images can make finding the right buyer for your land easier than ever.

Alternatively, poor ad copy that lacks enticing details might do little to sell your land. Here’s what we mean: “For sale: 2-acre land property. Call 555-5555.”

Would you bother clicking through to learn more? Neither, would we. In this article, we will show you how to create a land listing that gets clickthroughs and qualified buyers. Let’s get started.

Make The Right First Impression

They say a picture is worth a thousand words, and when it comes to a real estate listing, especially vacant land, they are probably right. If you are using photographs, video, or any other medium, lead with the image that sets your listing apart from the others.

Have an ocean view? Then that’s the image you want a buyer to see first. It can also be a mountain view. Or a green space view? Whatever the key feature of your property is, that’s what you want to present to prospective buyers and make an excellent first impression.

Perhaps you’ve taken great photos to showcase your property, but it still doesn’t attract qualified buyers. What’s the next step? If you’ve spent time online researching, you know that many listings have videos or 3D virtual tours. If this isn’t something you’re comfortable DIY, you may want to enlist a professional photographer or a real estate agent specializing in selling land.

Of course, an easy way to create a video-type look for a listing is to take your multiple photos and turn them into a slide-show. Also, the benefits of having a video or virtual tour of your property are giving potential buyers a realistic walk-through of your land and the ability to share your video on social media and email.

Offer as many Land Details as Possible 

If you can reveal your property’s location in your listing, you may save yourself and prospective buyers a lot of time. Interested parties want to know what’s nearby and any potential problems before leaving home in today’s busy lifestyles.

Use tools like Google Maps or Bing to encourage buyers to search using a specific address, or if that isn’t possible, then closest landmarks or a nearby town are great ways to let buyers do their search. Buyers aren’t the only ones with busy lifestyles. As a seller, there are many details to take care of. The last thing you want to do is show your listing to folks more interested in a Sunday afternoon drive then purchasing your property.

Perhaps, another great reason to include as detail in your listing is to attract the attention of out of state buyers. Suppose you provide enough information in your listing. In that case, prospective buyers or investors might input specific parameters into a search box and see your listing pop up for that search feature. The more details and property characteristics you feature in your listing, the greater the potential of finding the right buyer looking for exactly what your selling.

Go With The Land Pros To Sell your Land 

If you’ve tried all of the above to attract buyers to your property and are still not seeing results, then it might be time to rethink your gameplan. If time isn’t a concern and you’re waiting on the market to turn around or waiting until a friend or relative has enough money saved up for the downpayment, then patience is your best strategy. With that being said, there is a big difference between actively marketing your land and being patient and simply not doing anything at all. Selling land takes effort on the part of the seller.

If you’re unwilling to wait for all of the stars to align so everything is just perfect, then selling your property to someone that buys land directly from owners may be the key to placing a “Sold” sign on your property.

There are land buyers that buy land in multiple states and are well-versed in land transactions. If your past efforts haven’t helped you succeed in selling your land, a land buyer might be the way to go.

Partnering with a company that will buy your land owner-direct can remove the hassles from selling land and get you to the closing table faster.

The post How To Create A Land Listing That Sells appeared first on EasyLandSell.

How To Sell Land Fast

Do you want to sell your land property fast? Unlike conventional real estate listings, such as the traditional 3bd/2ba home on a corner lot, which can sell even before coming to the market, selling vacant land is challenging.

In the following article, we’re going to show you five simple ways to sell your land quickly and get you the most money at closing.

Let’s take a look.

1. • Get The Right Word Out

In the advertising world, there’s an adage called The Rule of Seven. It says that a prospective customer needs to see or hear your message seven times before they take action.

In today’s fast-paced society of continuous information, including non-stop scrolling, how can you make potential buyers stop and read your listing? It all starts with a great real estate listing. Buyers want to know what’s unique about your listing right away. Don’t waste time in the ad describing why you’re selling your land; instead, highlight the best feature directly in the first sentence.

1. • Paint The Right Picture

Got a great view? That’s the perfect beginning to any real estate listing. Close to town? Just outside of town? Wooded farmland with abundant wildlife? Whatever your property’s best feature is what should be in the first sentence of your listing.

Pictures go a long way in grabbing buyers’ attention. In addition to a great description, you want to have photographs or videos emphasizing your land’s best features. Consider using professionals if you’re unable to take quality photos.

1. • Have The Land Ready to Sell

First impressions go a long way in real estate. Buyers will be disappointed if your ad copy and the actual property don’t match up. Make sure and have your land ready for buyers to tour. If the “great view” they’re expecting to see is a pile of garbage or a fallen tree blocking the road, it will kill your potential deal.

Here are several things you can do to make your land out:

1. 1. • Clearly marked property lines
      • Removal of any trash or dead tree limbs
      • Plant some wildflowers

Another great tip is to have a sales flyer at the property so buyers can investigate the property’s best features if they’ve just stumbled on the property while traveling through the area.

If you live near your listing, be flexible in the times available for showings of your property. Not everyone is on the same schedule, and although a hassle to you when you’ve made other plans for the day, unexpected visitors could result in the sale you’ve been waiting on for several months.

1. • Price Your Land Right

Slapping up a “For Sale” sign with a telephone number may not result in too many inquiries about your property. Neither will setting a listing price that is thousands more than comparable listings in the area. One simple thing to remember is to establish a price slightly above what you’re willing to accept to allow room for negotiation between yourself and the buyer.

Selling land is trickier than selling a home, and unless you’re familiar with the latest market trends and actually what your property is worth, hiring a professional to help you through the process may be your best option.

1. • Offer Incentives

 A common theme on television programs about buying and selling real estate is for sellers to pay all or part of the closing costs on the property sale. This may not be a bad idea, especially when you consider that land buyers are usually required to have a 20 percent or higher down payment on vacant property.

The large down payment required for vacant land by many mortgage lenders can limit the pool of prospective buyers. If you’re able to offer some form of owner-financing, you may see an increase in qualified buyers who are eager to build a dream but may have had some financial concerns in the past.

Work With Raw and Vacant Land Buyers

If none of the above steps has resulted in the sale you were hoping for, you might want to consider selling your property directly to a company that buys land directly from landowners.

Many direct land buyers sell properties in multiple states and are well-versed in the local economy. They will offer you a simple and easy solution to your problem and buy your land from you at a fair price.

Don’t underestimate what a professional team can bring to the table when it comes to something as important as selling your land. They can offer you quick cash for your land and ensure a fast sale.

The post 5 Tips For Selling Land Faster appeared first on EasyLandSell.

Now that you have decided to sell your property, there are several factors you should consider when it comes time to create a listing and get your land ready for the market. This article will show you five steps for selling land to make the process go smoothly for all parties involved.

Make A Good First Impression

The easiest way to make a great first impression is to present your listing in the best possible light. The headline in your advertisement should include mention of your property’s best feature. Whether it’s an ocean view, lake frontage, tall trees, or a stunning mountain view, it should be one of the first items in your property title and description.

Another great way to attract potential buyers to your listing is with great photos.

Not that good with a camera?

If taking pictures isn’t your thing, you should probably invest in a professional photographer to take the pictures for you. High-quality images don’t need to cost you a fortune these days. You can often find photographers through craigslist that can photograph your property for $100 or less.

A professional will be able to highlight the uniqueness of your property in at the best of time. Add videos that capture attractive aspects of your property or add aerial drone footage for a better vantage point.

Video tours will appeal to out-of-town and sign unseen buyers, so invest in great images and video; it can add a ton of value to your listing and is a real difference-maker.

It’s All In The Details

A great photo will attract buyers, but the details are what will convince them to buy. Young buyers with kids looking for a five-acre homesite are probably not going to make an offer on a two-bedroom condo in a gated active living community. It could happen, but highly unlikely, so you’ll want to make sure your listing is correct, so buyers don’t get frustrated.

Land buyers are not looking for the same things as home buyers. Land buyers are looking at a blank canvas, so including relevant details such as site maps, local utilities, HOA restrictions, and other information can bring more insight to the property so buyers can make an informed decision.

Making Improvements To Your Land

Now that you’ve listed your property for sale, it’s time to check a few items off your to-do list. Even though there aren’t any structures on your property, there are still ways to improve it to make it look desirable.

Some of the ways to show what your land has to offer include:

• Clearing away fallen trees and downed limbs
• Repairing fences and gates
• Having clearly marked boundary lines for buyers to walk the property
• Cleaning up any trash or debris
• Planting trees or wildflowers

One trait buyers are always looking for when it comes to buying land is whether electricity and other utilities are available. If prospective buyers are planning on building a new home, then additional services like septic and water will usually increase the overall asking price for your land.

Although cost-prohibitive in some instances, adding utilities can significantly increase what buyers are willing to pay and make your listing sell faster.

Agricultural And Recreational Possibilities

Another step to consider when selling your land is purpose. A lot can depend on your property’s size, and the more land you have, the more options you have to consider.

Here are a few options for land sellers with more acreage to sell:

• Can your land be subdivided into future residential developments?
• Can your property be rezoned for agricultural purposes?
• What about water rights and mineral rights?
• Can the land be used for recreational purposes such as hunting and fishing

As the seller, having the answers to these questions beforehand will save you time and let interested buyers know you’re done the research and are ready to make the sale.

Contact a Land Pro

Although it may seem like a waste of time, this preparation to sell land is an integral part of the listing process. If you’ve tried to make all of the preparations and are still having difficulty getting offers on your property, it may be time to consider other options.

Don’t miss out on the opportunity to sell your land because you’ve lost patience.

If you’re looking for a fast and easy solution to sell your land, contact a land buyer who buys land directly from landowners. Partnering with a company that will buy your land owner-direct can remove the hassles from selling land and get you to the closing table faster.

The post How To Sell Land – 5 Steps For Selling Land appeared first on EasyLandSell.

How To Sell Inherited Land Property

The loss of a loved one often leaves those left behind with more than just grief and sadness to overcome. Many find themselves dealing with family members’ estates that include personal items, houses, and sometimes vacant land. Unless final plans were made in advance, an unexpected death could cause undue emotional pain, financial stress, and even family feuds when heirs disagree over the estate’s settlement.

Selling inherited land property can be complicated, especially so when emotions are involved. Another issue, heirs may encounter when dealing with estates is the prospect of dealing with vacant inherited land.

Many may have sold family homes or apartments, but vacant land presents other challenges.

In this article, we’re going to provide you with the information needed to make selling your inherited land as easy as possible.

Probating The Estate

You can only sell an inherited land property once it goes through probate. Probate is the legal process after someone passes away to settle their estate. This process makes sure the deceased’s wishes outlined in their “Last Will and Testament” are carried out. This list includes personal items going to the correct heirs, property successfully transferred to the new owners, and any taxes or debts owed are paid in full.

Each state has a different probate process. Once an estate is settled and completed the probate process, heirs may begin the complicated process of deciding what to do with the property. Some may choose to keep the inherited property if they want to keep it in the family or perhaps hold onto it to utilize it later.

Others may not want the hassle of dealing with inherited property, especially vacant land, and decide the best thing for them to do is try to sell it.

Preparing To Sell The Inherited Land

Wherever your inherited land is located, you can make a few improvements to add value to your property. Some of the ways to improve the value of your vacant land include:

• Removing dead tree limbs, sweeping away debris, and clearing fence lines
• Putting in a road for easier access
• Having clearly marked boundary lines
• Although it may have significant upfront costs, adding utilities to vacant land can increase the value by thousands of dollars

Now that you’ve made improvements to the land you inherited, you’ll need to find the right buyer.

Finding The Right Land Buyer

If you’ve purchased a house or sold your home when relocating, you will probably be familiar with the real estate process. Selling inherited land is an entirely different process, partly because:

• There isn’t a structure on the property to entice buyers
• It’s not on the coast, by a lake, or on a mountaintop, and the average buyer won’t be interested
• And it’s not something you planned on doing.

The first step in finding the right buyer is also the most critical step when trying to sell inherited land, and that is determining what the best feature is of the property?

• Why do you think your ancestor was drawn to the property?
• Is it just outside the city limits?
• Is it on the way or nearby a resort destination?
• Is it at the end of the road?
• Or is it 250 acres out in the middle of nowhere?

Any of these comparisons can relate to your vacant land, and once you’ve determined what they are, you can concentrate on them when listing your vacant land for sale.

Selling Inherited Land to a Land Buyer 

Selling an inherited land property can be very challenging, especially if it’s not something you’ve planned for. Inherited land may bring feelings of guilt, unwanted tax burdens, and family members’ issues left out of the process.

Land buyers are professionals whose primary focus is buying vacant land. They have the experience and resources needed to make selling land fast and hassle-free. The trade-off is their offers are typically less than market value.

Finding a land buyer can help make the sale of inherited land property easy which can help ease the loss of a loved one when the last thing someone wants to deal with is a vacant land property they have no interest in owning.

A land buyer can offer a solution for selling inherited land fast and can make the process as easy as possible.

The post Selling Inherited Land Property – What You Need To Know appeared first on EasyLandSell.