I first started dealing with vacant land in Fort Myers, Cape Coral and Lehigh Acres back in 2006. At that time, I was an agent and the real estate market was hot! We know {now} that we were sitting on top of a bubble that would burst a year later. Many owners of vacant land chose to try and list their land on the MLS at a price that was way too high, trying to eek out every last cent. Unfortunately, I knew people personally who missed the sale at that time and still own that property today.
So, is it time to sell your Southwest Florida land? Whether you’ve reached the point of exit with the investment, your dreams have changed, the parcel no longer suits your building plans, or life has taken an unexpected turn, it’s easy to understand that you don’t want to split the profits with a real estate agent when you can sell the land on your own. Agents typically charge six percent of the sales price in commission on land with a value of under $1M.
With no prep work required, as with a traditional home listing, it should be easy to sell your land, right? Well, unfortunately, land indeed is a different process altogether. You are likely facing a long and slow road to figuring out just what it takes to find the right buyer and move a piece of land. Without proper marketing and ample information in hand to respond to those buyers, you will face even further delays as they proceed with their investigations on their own.
We have gathered the following tips on how to sell land without a Fort Myers real estate agent.
Know Your Buyer
Understanding who your buyer is will help you sell your Fort Myers land without a real estate agent. They may be land developers or individuals seeking land to build their own homes. By understanding what buyers are seeking, you can highlight the aspects of the property that will appeal to those buyers in your marketing.
On the other hand, by making a direct sale of your land to NextBridge Home Solutions, you won’t pay any commissions, and there will be no need to concern yourself with composing a powerful ad for your marketing that will bring in the right buyer.
The Facts
When you set out to sell land without a Fort Myers real estate agent, you will need to gather all of the critical data about the property. For example, does the property have road access, what utilities exist, is there central water and sewer yet, the size of the land, the boundaries are marked, are there any easements, and the zoning? What about environmental concerns? We know for example that in Cape Coral there are assessments to have land (and existing homes) connected to the city well and sewer, while in Lehigh Acres or San Carlos Park, they are likely still on well water and septic systems. We also have several protected species of birds or other wildlife, and if you have those guys living on your property, you may have severe restrictions on what you can do with your land.
If you’re selling land with water footage, you should know your water rights as well. These days, my company deals with a lot of waterfront properties and the seawall and potential erosion are areas to look into. So, these are just a few of the questions you’ll face from potential buyers. The direct buyers at NextBridge Home Solutions work with a full-service team, quickly locating any information on the property needed, which helps speed the process.
Right Price
One of the most challenging aspects of selling land without a Fort Myers real estate agent is the valuation of the land itself. Although not so easily compared as existing home listings can be, aspects of the land such as distance from Fort Myers for work commutes, the value of water frontage, or spectacular views are complex to put into numbers without a great deal of experience. Regrettably, incorrectly setting the price can delay or even derail your attempt to sell the land. Like I mentioned earlier, many buyers missed an opportunity to sell land back in the day, but you could also sell your land for too little. So, there is a lot to consider when pricing your property correctly here in Southwest Florida.
Buyers looking in the area at multiple properties in Cape Coral or Lehigh Acres, for example, may have a clearer picture of the value of the land. Priced too high, they’ll just move on and priced too low, and they may feel something is wrong that is unmentioned in the listing. With a direct sale to NextBridge Home Solutions, you won’t need to worry about valuations of land because you’ll have your cash in hand in a matter of days, with a guaranteed closing date.
Marketing to Your Buyer
So, you’ve composed the winning copy for your land listing, have the data about the property in hand, and you’ve set the price just right, it is now time to explore your advertising options, including the local listings and websites, as well as the rest of the world via the internet. You likely know of the interest in Fort Myers and Naples from foreign buyers, with many buyers coming from Canada and Europe, so you need to ensure you can reach them too. In addition, you can create your web page providing information on the property or utilize many sites for such listings. Finally, if your property is suitable for development by a builder, you may want to reach out to local developers. By selling your land to the direct buyers at NextBridge Home Solutions, you won’t be waiting for days on end for an email or a phone call day after day. NextBridge Home Solutions has built a network of connections over the years with professionals from every walk of the real estate industry, including builders.
NextBridge Home Solutions
A direct sale to NextBridge Home Solutions is a fast and easy way to sell land without a Fort Myers real estate agent. NextBridge Home Solutions is fair; we want you to decide what is best for your situation, so the direct buyers at NextBridge Home Solutions will provide you with the valuation of the land if you were to sell it on your own and let you compare it to our offer, which you’ll agree is fair. At NextBridge Home Solutions, you will find our highly regarded direct buyers are honest, knowledgeable, and always have your best interest in mind. Call NextBridge Home Solutions at (239) 244-2474 or send us a message to learn more!