When it comes to selling your land, you have a few options to close the deal. You could use a traditional real estate agent. Or you could work with property wholesalers like Investment Land Alliance. But did you know there are some big differences between them?
In this post we share the three fundamental differences between property wholesalers and Arizona real estate agents.
Guarantees
When you’re ready to sell your land, having a guaranteed timeline can make a huge difference. Property wholesalers like those at Investment Land Alliance can indeed provide you with a set closing date, as well as a guarantee to make the selling process quick and stress-free. Our team will buy your land as-is meaning you don’t have to worry about clearing the land or taking any steps to make your property more appealing.
An agent on the other hand, has no guarantees to offer—not when the property will sell or even if it will sell at all. In addition, further depleting your profits are any necessary repairs if you don’t pass the inspection. Traditional agents don’t typically deal in selling vacant land. This can make getting your property sold a complicated and drawn-out process.
Savings
Wholesalers not only save you time with their fast closings, but they can also save you a significant amount of money because they don’t work on commission; one of the main differences between property wholesalers and Arizona real estate agents. Furthermore, a land buyer is just that: the buyer. Once you close the sale with a company like Investment Land Alliance, you’re done. You don’t have to worry about agent fees, commission fees, or closing costs, to name a few. By selling your land to a property buyer, you stand to save a ton of money.
When it comes to agents, though, the process looks very different. In essence, the job you are hiring a real estate agent for is to bring a buyer to you. They can list your property in various places where potential buyers can see it, but while you’re waiting for an interested party to buy the land, you’re still on the hook to pay any annual taxes, HOA or POA dues, etc. And the longer it takes for a real estate agent to find you a buyer, the longer you keep making those payments.
Expenses
This is another huge difference between property wholesalers and Arizona real estate agents. When you sell your land to property wholesaler like Investment Land Alliance, you simply close the deal and walk away. There are no extra costs to you. No upfront costs, no marketing fees, no commissions to pay—we take care of everything.
However, real estate agents can be expensive to work with. Agents understand that your property must appeal to buyers. You may be requested to clean or clear any debris from the land which can be costly. Also, agents may charge you for any professional photography or marketing they deem necessary to sell your property. Add to this to the cost of listing, inspections, closing costs, commissions, etc. It all adds up, and sometimes, not in your favor.