If you’re thinking about selling your vacant land, you’re probably weighing your options right now and maybe deciding how to sell and who you should sell to. It’s always good to do your homework. Check out this blog post to learn the key advantages of selling to an investor over a traditional buyer in Tennessee…
When it comes to selling your Tennessee land, you have a number of options. You could work with a real estate agent to list your land and they’ll try to find a buyer. Or you could list your land yourself and try to find a buyer. Or, you could work with a land investor who will buy your land from you directly… and fast. Here are a couple of advantages of selling to an investor…
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Tennessee: Speed
To sell to a traditional buyer, that buyer has to be found by the agent… which is a process that can take months or in some cases, years. Thankfully, you don’t have to wait that long. When you sell to a real estate investor, they can close fast – often in as a little as a week or two (it varies, depending on the investor). Since they are buyers, and there’s no searching… you already know who they are so you can sell quickly!
And the added bonus of this: you don’t have to pay taxes and other bills on that property while you’re waiting for a buyer to be found. This can save you hundreds or maybe even thousands of dollars in ongoing bills.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Tennessee: No Upgrades
Not every parcel of land is ready to sell right now. That’s okay, it happens. But when you sell to a traditional buyer, some have advance expectations. They may want to know how bedrooms they can have in a potential house which means the soil will need to be “perked” for a septic system. Other buyers may want to see a flat area where they know they can easily put a house. You may have to pay out-of-pocket to make these types of improvements to the property before a traditional buyer will even consider your land. But most investors buy land in as-is condition, which means you can save money and time (and hassle!) by skipping potential upgrades to market it fully.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Tennessee: No Guessing
This is perhaps the biggest problem of them all: When you sell your land to a traditional buyer, you’re guessing and hoping that they’ll pay you the asking price for the land… and if you wait several months and they negotiate a lower price, well, that’s not ideal. But when you sell to a land investor, you know exactly what the investor will pay right away. You don’t have to accept their offer but it’s a great first step to help you decide how to move forward.
There are many ways to sell your land. And although selling to a land investor might not be the best choice for everyone, it might be right for you.