Last month we posed the following question to our audience: In your opinion, which method of marketing and selling land yields the highest sales price?LandThink.com, an authoritative online resource for advice, knowledge, opinions and trends related to land, is pleased to announce the June Pulse results. Our informal online survey revealed that marketing and selling land with a Broker/Agent helps land owners achieve the highest sales price.
Many land owners set out on their own to market and sell their land because it will obviously save them money in the long run. There is, however, no substitute for the professional services a reputable land brokerage firm can offer a land owner. A land agent knows their market area and can help owners determine a good listing price and what price they should be willing to accept when an offer is received. Most agents would agree that negotiation is one of the toughest parts of the entire selling process, and a skilled agent that won’t leave money on the table at closing can easily cover the cost of their whole commission. Additionally, most agents will utilize all available avenues to promote land for sale; they’ll handle all the showings, and take care of all the paperwork through closing. An overwhelming 70.7% of respondents felt that hiring a land broker/agent to sell their property was the best way to go in order to achieve the best end result. Coming in second, 15.8% of those responding said using an Auctioneer would get the highest sales price.
LandThink subscribers, fans, followers and land industry professionals across the country voiced their opinion on which method of marketing and selling land helped sellers get the money as possible for their land. Here’s how the results panned out: