Or is your buyer some combination of those, or someone different altogether?
When you are prepared and knowledgeable about your lot or land you can make the process easier for potential buyers and inspire faith with solid answers to their questions. When selling a home you would never leave out your dirty laundry for potential buyers to see, and you should also clean up your lot before it is shown and marketed.It’s like staging a home, but you’re just working with raw land instead.Also consider having a survey done in advance and mark your property boundaries. This will provide useful information and help buyers see the potential in a property to encourage a sale.In this article we provide tools for landowners and real estate professionals about how to sell lots and land, and why your strategy with vacant residential land needs to be different from selling a home.
Many people expect the market dynamics for lots and land to be the same as the market for existing homes. You’ll be better prepared to sell your home lot or land if you understand some of the differences between the land market and the existing homes market: But don’t be discouraged.
For developable land you can be prepared with zoning information and insight from local authorities about the location and capacity of water and sewer service.