Did you know that last month 1.8 million building permits were obtained for new constructions? And that’s not counting the 1.7 million houses that started construction.
These statistics show that people have never been as eager to start building on the land. That means that there has never been a better time to begin selling land privately.
But exactly how does this work? If you want to learn more, then you’re in the right place. In this article, we’ll teach you everything you need to know about how to sell real estate all by yourself. Let’s get started!
Gather All The Necessary Paperwork
The first step involved in selling land is gathering all the paperwork that buyers will want to see. This includes things like legal documents detailing all of the taxes that you paid on the land over the years.
You should also include any other expenses that might be related to maintaining the land.
Finally, you should get clear zoning documents to show what parts of the land are included with the purchase. In some cases, you can make changes to the zoning.
Get Your Land Appraised
Next, it’s time to hire an appraiser to find out what your land is currently worth. Appraisers do cost money. Typically, around five hundred dollars, but it could be more or less depending on the size of the property.
It’s important to remember that an appraisal is still just an estimate. As such, it’s not a hard, fast figure that you can hold your appraiser to.
Instead, it should be used as a jumping-off point for creating a competitive price.
Take Good Photos And Know Where To Post Them
Next is a hard part for many sellers: marketing the land. Most people don’t have great instincts for what types of photos attract buyers. So, if you don’t have the skill, then consider hiring a professional.
Make sure you capture the best features of the land. Then, begin putting them on real estate websites. You also shouldn’t forget about social media like Facebook and Twitter.
These can be valuable resources for selling property. Make sure to check out this helpful guide for more tips on how to sell land quickly and easily.
Enjoy Learning How Selling Land Privately Works? Keep Reading
We hope this article helped you learn more about how selling land privately works. As you can see, there is a lot more effort involved when you don’t go through a real estate agent.
But, if you do it right, then you stand to save a lot of money in selling expenses. So, get started selling your land today. Can’t get enough content?
If the answer is yes, then you’re just like us. That’s why we regularly release great new articles for our readers about the latest trends. So, keep exploring until you get your fill.
