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Are you the proud owner of a bare plot of land? Are you trying to dispose of the land but it seems as if the demand is very low? Would you like to know some tips and tricks that will give you a competitive advantage in the real estate market? Then this article is for you. below are some of the tips that will help you dispose of land fast.
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As you may have envisaged, money is one of the most important reasons for the sale of land. The purpose of every asset is to generate income, and land is not an exception. The money generated from the sale of bare land can then be redirected towards other productive endeavours.
Taxation is another major factor that contributes to the quick disposal of land. I mean, why pay land taxes for a supposed asset that is not even paying you? people may get frustrated with the payment of land taxes and thus opt for the sale of land.
Unlike landed properties, you can’t simply repaint a plot of land in order to attract prospective buyers, neither can you renovate it. Below are some of the practical steps you can take in order to ensure that your land is sold quickly.
Tell your neighbours about your intention
Do not assume that owners of adjacent properties will not be interested in your land, tell them first. You may be amazed at how willing they may be to expand their properties into adjacent spaces. But they need to be aware of your intention. And that is the job you have to do.
List the property on Facebook, craigslist and eBay
It’s this simple: the more aware people are about your intention to sell your land, the higher the chance of it actually being sold. You of all persons should know that online platforms are a major way to create such awareness. So try as much as possible to create this awareness via online platforms.
Always offer to show the land to prospective buyers.
The importance of this step cannot be overemphasized. Perhaps, you are of the opinion that since it is a bare land, there is nothing to show. Well, you are wrong! And that is the difference between you and a more successful seller. Offering to show the land to prospective buyers serve two main purpose: it impresses on the mind of the buyers as they inspect the land and they are more mentally committed to sealing the deal. Secondly, it shows that you are proud of the land, you are transparent as regards the whole process, and the land is a good buy.
Market the land for all kinds of potential uses
Do not assume that what you perceive as the best use of the land will necessarily interest the buyer. Simply make a list of all the possible uses of the land and market it for those purposes. You never know what will interest the buyer.
We are the USA We Buy Houses, we not only buy houses, but we also assist homeowners with varying solutions to whatever real estate problem they have.
Our visit to your home is free, no-obligation appraisal and at the end of our visit, we will make you a fair, market-based offer.
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