Comparing Your Options
When Selling Vacant Land
For-Sale-By-Owner / Real Estate Agent / Stream Land Company
Where to Start
When selling a property, it is important to understand all the options available to you before making a decision. This will make it easier to decide which is best for your situation.
There are significantly less buyers in the market for vacant land compared to residential and commercial real estate. This is why these properties take longer and are more difficult to sell. Depending on the location, vacant land can easily take 12-18 months to sell.
What is my Property Worth?
It is often difficult to establish market value for vacant land because there are usually not enough similar properties on the market. In addition, many real estate agents lack experience with vacant land and struggle to determine its actual value. These are likely the two biggest reasons why land often takes longer to sell than other types of real estate.
Should I Hire a Realtor?
It is common for people to hire a Realtor to list, advertise, show, and hopefully sell their vacant land. What often comes as a surprise is most real estate agents do not normally focus on land and some will not even take on land listings. Agents know vacant land can be difficult to sell, which is why commissions are sometimes as high as 10%.
For Sale by Owner
Those who want to maximize profits and avoid paying 6-10% Realtor commissions will sometimes choose to list the property themselves. When selling land FSBO, or For Sale By Owner, you as the owner take on all of the advertising, marketing, and showing the property. This method works, and can offer some savings, but requires a significant amount of time and effort. FSBO sellers quickly learn there are many “tire kickers” who just want to see the land but are not seriously looking to buy.
How to Sell Land Fast
Property owners choose to sell to us because we specialize in land, we offer a fair price, and we make the selling process very easy for the seller. What we do is uncommon in the real estate industry – we offer to pay all of the seller’s fees, closing costs, and back taxes. In most transactions, these expenses are covered by the seller. If you want to sell your land quickly, easily, and get cash in your pocket, then Stream Land may be your best option.
If you would like to know what we can pay for your property, click the button below and submit your property information. We will review the parcel and send you a free, no-obligation cash offer for your property.
We buy land with cash across the country. Our mission is to be the best option for our clients by making the selling process as fast, easy, and stress free as possible. We hope you choose to work with us in solving your land ownership challenges.