So you have a property with acreage and you’re thinking of selling it? What are some things to keep in mind?
A Buyer’s Mindset
When there’s a lot of land involved in a sale, you have to think of the buyer’s perspective. He or she is probably looking to own land in a certain location with the opportunity to use that land to meet specific needs. Maybe they want land to hunt on? Maybe they want land to lease to solar power companies to make money? Or maybe they want land to start a farm.
Selling land is a bit different than selling a house. Realize that the market for properties with acreage is going to be smaller than the market for typical single-family homes. Most people don’t have the need for lots of land, and most people don’t have the money to afford lots of land. Therefore, patience is a virtue when selling properties with acreage. It may take longer than expected to sell it.
An Index of Information
In order to make your land attractive to buyers, you’ll want to have compiled information about it… How is it zoned? Is there water and/or sewer service available? What amenities are nearby, such as schools, shopping and restaurants? Perhaps have a survey taken so you can mark property boundaries.
Just like you’d want a house looking its best to try and sell it, you should make your land look its best, too. Cut the grass where needed. Remove trash from the land. Take photos of the property when the sun is shining and plants and flowers are colorfully blooming.
The Right Targets
When marketing properties with acreage, “lot and land buyers” are who you are looking for– and there are online sites where you can find people interested in specifically buying lots and land.
Metcalf Land Company of Spartanburg, SC, specializes in the sale of acreage, farms, timberlands and recreational properties in Upstate South Carolina and Western North Carolina. If you’re looking for comprehensive property info and would like professional assistance to facilitate the process of buying and selling land, Metcalf Land Company is your ideal choice. Please call 864-585-0444 for more information.