Want to sell your land for more money? These 10 strategies and ideas will help make it easier for any buyer to discover the true value of your property. Over the years, I have learned that the sooner we can address a buyer’s questions and concerns, the quicker we are able to sell a piece of land for the most money possible with the least amount of headaches.
1. Make the Property Walkable
Selling Your Land For More Money begins by making sure a buyer can “walk the property” easily. Can a buyer easily walk around your property and actually see what’s for sale? Make sure your property is cleared enough so a buyer can freely explore your property without having to bring a machete and blaze their own paths through your land.
2. Mark Property Boundaries
Can a buyer easily see where your property boundaries are? You’ll need to, at a minimum, stake the corners of the property and make sure your markings are easily visible. Being able to see a property’s boundary with their own eyes will help you Sell Your Land For More Money. Using white PVC pipes to make your corners is very helpful because they are more easily seen than short survey stakes.
3. Provide Parking Space
Can a buyer easily park their truck or car on your property off the main road safely? If your property borders a busy road, it may be hard for someone to actually go walk it if they can’t get off the main road and park on it!
4. Make Sure A Buyer Can Find You Property
Can a buyer easily find your property? You’ll need a large enough sign so when folks drive by they can actually read it! This is especially important for a Profitable Land Sale on a busy road where traffic is going by very fast. Don’t expect a buyer to drive by at 55+ mph with someone on their bumper, to be able to watch the road and look at your property at the same time! Having an easily readable sign will help you Sell Your Land For More Money.
5. Provide a Professional Survey
Do you have a survey? A professional survey that shows the property boundary, topographic lines, trees, existing easements and wetlands. This is very important for a Profitable Land Sale. Make it easy for a buyer to discover what you’re selling. Don’t let them guess or wait for a buyer to pay for it. You may be in for a few last minute surprises if you don’t geet a survey. Surprises that could affect your sale at the last minute are never good! Go ahead and get a survey done in advance; it will speed the whole process up, eliminate last minute hassles at the finishline and help you Sell Your Land For More Money.
6. Perform a Wetlands Delineation
If your property has wetlands, has a formal Wetlands Delineation been performed, noted on a survey and been signed off on. A Formal Wetlands Delineation is very important so a buyer knows exactly how much high ground you have on your property. Again, you don’t want buyers making guesses about something as critical as this. If they incorrectly assume you have less high ground than you actually do, you will get lower offers. Aviod giving a buyers the chance to make any assumptions about your property. There assumptions will be developed to protect their investment, not yours..
7. Verify Public Utilities
Know if your property has public water and sewer service. If your property does have public water and sewer service, get service letters from those utilities to prove that those services are truly available for the buyer. Don’t expect people to take you on your word. Those days are long gone.
8. Conduct a Perc Test
If your lot is not on a public sewer system, have you done a recent perc test? Not a must, but very helpful for a Profitable Land Sale if you have it done in advance. As of this writing, a perc test performed by DHEC only costs $150 and a little time, but will help remove another concern of every buyer. If you need a test done faster than DHEC, you can hire a Soils Classifier for $1,200-$1,500 and have it done much quicker. Also, getting it done in advance will avoid waiting for a Perc Test Contingency. Depending on the market, this could take a few weeks or a few months.
9. Get a Well Driller’s Quote
If your lot does not have public water service, get a quote from a well driller so you can share the potential cost of digging a well for drinking water with your buyer. Often the costs of drilling a well may be inline with the cost of hooking up to public utillities. So it’s good to know those figures because a buyer may try to use the expense of drilling a well as leverage when negotiating with you.
10. Understand Zoning Laws
Do you know your property’s current zoning? Know the different types of uses allowed on your property without a zoning change. Being able to clearly articulate the allowable uses for your property will go a long way towards Selling Your Land For More Money. Knowing what can be built on your property will keep you from under selling it!
Conclusion
I hope you’ve learned a couple things in this post about the Ten Things You Can Do Now To Sell Your Land For More Money. Of course you don’t have to do any of these things if you don’t have the connections or the resources to do them. I’ve sold a lot of properties where none of these things were done. With that said, I’ve also discover the problems that can arrise if you don’t do these things!
My goal with sharing these Ten Things You Can Do Now To Sell Your Land For More Money is to help you understand what will help you sell faster, for more money, with the least amount of hassles. If you do these things and hire me, I can guarrantee we will sell your property for the highest price possible in the current market. Please reach out if you have any questions. Feel free to call me directly at 843-790-7000 or fill out the form below.
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The Author…
Bill Byrd is a Husband, Father, Realtor, Educator, Musician and Athlete. A licensed Realtor since 1986 who loves helping his clients grow their personal wealth through real estate! Having helped hundred’s of families and individuals during his career you can feel comfortable that Bill’s and his Team’s experience and expertise are unparalleled in our market. Plus, Bill’s a great guy and one heck of a guitar player! More About Bill