While popular beliefs may be chock full of intriguing details, they are hardly the truth about selling real estate. Even if it is a false narrative, what we believe can significantly influence our decisions. When it comes to selling your land, it’s best to have your eyes wide open to all of your options. Don’t allow the misguided advice of others to lead you down the wrong path with what may be one of the most significant financial transactions of your lifetime.
In taking the time to learn more about these myths, you may save thousands of dollars by making a well-informed decision, keeping more of the equity you’ve built for yourself. So read on as we explore three myths people believe about selling real estate in Arizona.
Sell It Yourself and Save Money
One of the most famous fables people believe about selling real estate in Arizona is that you’ll save money by listing your property as an FSBO. Typically, this option is selected to save the high real estate commissions and other fees to earn a higher profit on the sale. Statistics, however, tell another story indeed. Only eight percent of sellers tried this sales method in 2020, and the properties that did sell sold for significantly lower prices, in most cases costing the sellers more than the real estate agent commissions would have been on the current market value. However, did you know that you could work with a professional buyer, like those at Investment Land Alliance, to buy your land without paying the expense of commissions?
Perfect Design Sells Property
Another myth people believe about selling real estate in Arizona is that they must prepare their land and be available around the clock to show the land. The truth is that most land buyers find the real estate they want to purchase online, and if a buyer was genuinely interested in your property, they could simply call the agent. Did you know that you won’t have to worry about clearing the land or showing it when you sell directly to a professional buyer like those at Investment Land Alliance? You’ll save the prep costs, and any worries about passing the inspection go out the window because at Investment Land Alliance, we buy land as-is.
You Can Guesstimate Your Sales Price
Another one of the myths people believe about selling real estate in Arizona is that by viewing a few listings online, you can determine what your land can sell for with a close guesstimate. But unfortunately, the incorrect sales price on a listing, whether set too high or too low, can cost sellers time and profits. In addition, an error in either direction adds time to your listing because buyers will likely continue to scroll through the thousands of listings available at their fingertips. Did you know a professional buyer like those at Investment Land Alliance will detail your profits on listing with an agent vs. a direct sale so that you can make an educated decision?
Working with the professional investors at Investment Land Alliance chases away the myths about selling real estate in Arizona, saving you valuable time and money. Let the pros at Investment Land Alliance help you solve your problems. Call Investment Land Alliance at 480-779-8444.