When you’re ready to sell your land, selling tips can prove extremely helpful. The standard checklist for what buyers expect of a land listing on the real estate market has evolved, and in many ways, technological advances have influenced these changes. As a result, the world of real estate has transformed. Therefore, it’s helpful to understand what buyers of today are seeking when scrolling through listings online. No matter if you select to sell your land for yourself, typically referred to as an FSBO, or work with a real estate agent, you’ll want to take note of what works and what doesn’t. In this post, we share Selling Tips for Land Owners in Arizona.
Marketing
Technology kicks off our list of selling tips for land owners in Arizona. When scrolling through land listings, potential buyers are looking for good information, clear maps, and great photos. If you’re selling your land on your own, it’s worth hiring professionals for high-quality digital photography and 360-degree virtual drone tours. You’ll also want to post your land where it can be seen by numerous people. This typically means buying a membership to various selling sites. If you decide to list your land with a real estate agent, they’ll do the marketing for you, but you may be looking at various fees to cover their cost of selling it for you. Or, you can skip all the marketing hassles by selling directly Investment Land Alliance for a price you’ll agree is fair.
Pricing
Another of our selling tips for land owners in Arizona is finding the right asking price for your property. This starts by researching sales in the surrounding area, also known as “running the comps.” By comparing the sales of vacant land that are the most like and nearest to your own, can give you a great idea of how you can price your property. If you price too high, potential buyers will most likely just scroll right past your listing. On the flip side, if buyers think you’ve priced too low, they may assume a problem exists. If you decide to use a real estate agent to sell your land, they’ll determine the asking price which may or may not fall in line with what you think is fair. Either way, property that lingers on the market sells for less. A professional buyer from Investment Land Alliance will let you know your current market value, and will give you an honest assessment of your best option whether that be selling with an agent, FSBO, or selling directly to Investment Land Alliance.
Know Your Land
Another of our selling tips for land owners in Arizona is to make sure you know all the features of your property. Some people may think the size, or acreage, of a property will determine the value of your land. But many other factors can add value. These include road access, proximity to utilities, the location, and even the quality of the actual soil. You’ll also want to make sure you have information ready about the APN, or the Assessor’s Parcel Number; any liens or encumbrances; back taxes; possible HOA or POA dues; the current zoning for the land; and if you’ve done anything to improve the property. Having these details ready can help you better market your land. Or if you decide to sell directly to a professional company like Investment Land Alliance, you can help the process to closing move even faster and easier.
Investment Land Alliance
The options available to land owners ready to sell have evolved, leading us to our final selling tip for property owners in Arizona: Begin your land selling process by starting with the experts at Investment Land Alliance. Maybe you just don’t want to deal with the headaches of the selling process and interruptions in your daily life. Are you selling due to financial troubles or a time crunch forcing a quick closing? At Investment Land Alliance, our guaranteed closing date can be in as few as seven days. And if you need a little more time, we can hold off the closing until the date that best suits your plans.