There are many reasons why you would want to sell your property, and you have different options for selling land. You could use a traditional real estate agent, you could try to sell your property by owner, or you could sell your property to an investor.
5 Things You Should Know About Selling Land To a Florida Land Investor
Understanding the Buyer
When it comes to selling your land in Florida, working with professional land buyers can offer significant advantages over traditional buyers. Professional land buyers are known for their ability to close deals quickly and pay in cash, eliminating the need for lengthy bank qualifications and mortgage underwriting processes. This means you can avoid the uncertainty of whether or not they will qualify for a traditional loan.
Additionally, when you work with professional land buyers, you can save thousands of dollars in commissions. Traditionally, both the buyer and seller pay a 3% commission, which can add up to a substantial amount, especially on a $200,000 land sale. By choosing to work with professional land buyers, you can avoid these commission fees altogether.
Furthermore, professional land buyers often do not charge transaction fees or closing costs. If they do, these fees are typically much lower compared to the commissions and closing costs associated with traditional buyers. This makes working with professional land buyers a more cost-effective option.
Another advantage of working with professional land buyers is their ability to provide mail-away or remote online closings. This can be particularly beneficial if you are an out-of-state owner, as it eliminates the need for you to travel to Florida for the closing process.
No Preparation Necessary
When you sell your land to professional buyers in Florida, you can rest assured that they will purchase it as-is. This means you won’t have to go through the hassle of making any improvements before closing. Unlike traditional buyers, these companies often skip inspections, making it a truly as-is transaction. So, you can say goodbye to the stress of clearing the land or mowing it!
Sell With Confidence
When you choose to work with a professional land buyer in Florida, you can say goodbye to the emotional roller coaster of selling your land. No more interrupted dinners with phone calls asking for showings. No more driving out to your property for in-person presentations.
With a professional land buyer, you won’t have to worry about encountering buyer’s agents or their clients, and you don’t have to stress about answering questions you shouldn’t.
No-Risk
Selling to a professional land buyer is extremely straightforward. They will lay out every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or something they don’t like about the land or the neighborhood.
Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Professional land buyers already know the state of the property, and they are willing to take on that risk.
Land is Different
Selling land to an investor is a unique process compared to selling other types of properties like commercial, multi-family, or single-family residential properties. The main difference is that land does not have any buildings on it. Dealing with land is relatively straightforward. Most land investors in Florida rely on online information and may not even visit the property in person.
Typically, investors prefer land that has not had any improvements made to it, such as fences or sheds. They may or may not require a survey to verify the property lines. These vacant land properties are ideal for investors because they can develop the land according to their plans. Selling land directly to FL Land Buyer can result in quick transactions, often taking just a few days!