Do you have a piece of land that you want to sell? Maybe you purchased it thinking you’d build on it someday. Maybe you inherited it. Maybe it looked like a great investment opportunity. Whatever the reason, you’ve decided to sell your land in Arizona. But the thought of advertising, finding a buyer, doing all the paperwork, and closing the deal can feel daunting. And if you need to sell quickly, additional strain is added to the mix. In this post, we’ll help you by Exploring Your Options to Sell Your Land in Arizona.
Listing Agent
Let’s explore selling your land in Arizona through a professional real estate agent, which is the traditional method. Agents are paid based on a percentage of the sale price in addition to other possible fees they or their broker may also charge. Market conditions can impact your asking price in this demand-driven market. Since many listings agents focus on home sales, they might not know the best ways to sell your land. This can result in a lot of time passing where you’re still responsible for paying annual taxes, fees, etc on the property. And once an agent does find a buyer, you could encounter additional fees and costs to get the deal closed.
Cash Offers
Because professional buyers usually offer cash, you can expect a quick closing to sell your land in Arizona. The sale is usually as-is, which speeds the process even further, saving you both time and money. This also alleviates you of the legal responsibilities associated with disclosure. Professional buyers are taking higher risks, offer faster cash sales, and usually pay the closing costs. For these reasons, their offers are usually lower than properties sold as FSBO or listed on the MLS. At Investment Land Alliance, we are dedicated to making offers to land owners that are fair and well thought out.
For Sale By Owner
Selling land in Arizona on your own may sound appealing because you will be controlling everything. Professionals, such as real estate agents or auctioneers, charge fees for their services, cutting into your profits. Should you be experienced regarding legal issues where real estate advertisements and transactions are involved, you can save a great deal of money on the deal. However, it can be extremely costly and legally devastating to make an error on either advertising or how you handle all of the aspects of your sale with the buyer. As a professional land buyer local to Arizona, not only can we buy your land with minimal fuss, but we know the market well and can offer you a fair price.