{"id":545913,"date":"2024-09-17T10:42:25","date_gmt":"2024-09-17T14:42:25","guid":{"rendered":"https:\/\/www.houzeo.com\/blog\/?p=545913"},"modified":"2025-02-07T06:22:25","modified_gmt":"2025-02-07T11:22:25","slug":"selling-land","status":"publish","type":"post","link":"https:\/\/www.houzeo.com\/blog\/selling-land\/","title":{"rendered":"7 Simple Steps for Selling Land"},"content":{"rendered":"\n<p class=\"highlight\"><a href=\"https:\/\/www.landsearch.com\/price#:~:text=%24362%2C730-,%2416%2C342,-5%2C862%2C848\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$16,411<\/a> per acre, that&#8217;s how much land is selling for currently. It&#8217;s 300% more than the previous year&#8217;s rate of <a href=\"https:\/\/downloads.usda.library.cornell.edu\/usda-esmis\/files\/pn89d6567\/9w033j15z\/2v23xb225\/land0823.pdf\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">$4,080<\/a>. This sharp rise gives a golden opportunity for you to get higher returns on investment. The demand for land is currently high due to urban expansion, agricultural needs, and new constructions.<\/p>\n\n\n\n<p id=\"how-do-i-sell-land\">However, it might be a tricky situation to set the right price for your land. Overpricing or underpricing can result in missed opportunities or financial loss. Also, it&#8217;s overwhelming to market and do paperwork on your own. <\/p>\n\n\n\n<p id=\"how-do-i-sell-land\">A Realtor can help you sell land easily but it will be a strain on your pocket. You have to pay a <a href=\"https:\/\/www.houzeo.com\/blog\/average-real-estate-agent-commission\/\" target=\"_blank\" rel=\"noreferrer noopener\">5% to 6%<\/a> commission to a Realtor. To simplify the process and maximize your savings, you should list and sell your land without a Realtor. If you list on the MLS like Houzeo, you can save 3% on listing commission and leverage the technology.<\/p>\n\n\n\t<div style=\"display: block ;\" class=\"home-page-quick-listing-wrapper  content-ql-new-ui \" main-title=\"Slash Commissions Cost on Land Sale\ud83d\udcb2\ud83d\udcb2\" list-title=\"List on Your Local MLS\" list-item-1=\"Save thousands in commissions\" list-item-2=\"100% online platform\" list-item-3=\"5-star customer service\" ql-button=\"\" minimize=\"true\" sidebar=\"\" contact-title=\"\" contact-content=\"\" siteurl_qlb=\"https:\/\/www.houzeo.com\" cash-ql=\"false\"><\/div>\n\t<script>\t\t\n\n\t\tdocument.addEventListener(\"DOMContentLoaded\", function () {\n\t\t\tconst isMobile = window.screen.width <= 768;\n\n\t\t\t\/\/ Global flags to prevent multiple loads\n\t\t\twindow.quickListingCssLoaded = window.quickListingCssLoaded || false;\n\t\t\twindow.quickListingJsLoaded = window.quickListingJsLoaded || false;\n\n\t\t\tconst cssURL = 'https:\/\/www.houzeo.com\/css\/quick-listing-block-v3.css?v=9.8';\n\t\t\tconst jsURL  = 'https:\/\/www.houzeo.com\/js\/quick-listing-block-v3.js?v=9.8';\n\n\t\t\t\/\/ \u2705 Load CSS immediately on mobile only\n\t\t\tif (isMobile && !window.quickListingCssLoaded) {\n\t\t\t\twindow.quickListingCssLoaded = true;\n\t\t\t\tloadCSS(cssURL);\n\t\t\t}\n\n\t\t\t\/\/ \u2705 Define JS loader (and CSS for desktop)\n\t\t\twindow.quickListingJsLoadfn = function () {\n\t\t\t\tif (!window.quickListingJsLoaded) {\n\t\t\t\t\twindow.quickListingJsLoaded = true;\n\n\t\t\t\t\t\/\/ On desktop: load CSS here (lazy), since it wasn't loaded initially\n\t\t\t\t\tif (!isMobile && !window.quickListingCssLoaded) {\n\t\t\t\t\t\twindow.quickListingCssLoaded = true;\n\t\t\t\t\t\tloadCSS(cssURL);\n\t\t\t\t\t}\n\n\t\t\t\t\tloadScript(jsURL);\n\n\t\t\t\t\t\/\/ Remove listener after load\n\t\t\t\t\tdocument.removeEventListener(isMobile ? 'touchstart' : 'mousemove', window.quickListingJsLoadfn);\n\t\t\t\t}\n\t\t\t};\n\n\t\t\t\/\/ \u2705 Add the correct event listener\n\t\t\tconst quickListingEvents = isMobile ? ['touchstart'] : ['mousemove', 'scroll'];\n\n\t\t\tquickListingEvents.forEach((eventName) => {\n\t\t\t\tdocument.addEventListener(eventName, window.quickListingJsLoadfn, {\n\t\t\t\t\tpassive: true,\n\t\t\t\t\tonce: true,\n\t\t\t\t});\n\t\t\t});\n\t\t\t\n\n\t\t\t\/\/ \u2705 Helpers\n\t\t\tfunction loadCSS(href) {\n\t\t\t\tconst link = document.createElement('link');\n\t\t\t\tlink.rel = 'stylesheet';\n\t\t\t\tlink.href = href;\n\t\t\t\tdocument.head.appendChild(link);\n\t\t\t}\n\n\t\t\tfunction loadScript(src) {\n\t\t\t\tconst script = document.createElement('script');\n\t\t\t\tscript.src = src;\n\t\t\t\tscript.async = true;\n\t\t\t\tdocument.head.appendChild(script);\n\t\t\t}\n\t\t});\n\t<\/script>\n\t\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"how-do-you-sell-land-process\"><strong>7 Steps on How to Sell a Land<\/strong><\/h2>\n\n\n\n<p>Here&#8217;s how you can sell your land and gain maximum profits: <\/p>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"Identify-vacant-land-for-sale\"><strong>Step 1: Identify the Best Use of Your Land<\/strong><\/h3>\n\n\n\n<p>Figure out the best use of your land so that you can get its optimum value. Consider taking these 4 tests before you list your land: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Physically Possible Uses:<\/strong> Check what your land is good for! Consider your site&#8217;s size, accessibility, and soil conditions. For example, a flat land with fertile soil can be ideal for home construction or agricultural purposes. Whereas, rugged, mountainous land could be better for a remote cabin or scenic hiking. Such factors may increase or decrease the land&#8217;s value. <\/li><li><strong>Legal Tests:<\/strong> Check for any legal restrictions and regulations on the land. The non-permissibility of construction or any other activity may negatively impact the land value.<\/li><li><strong>Financial Feasibility:<\/strong> You must consider construction costs, market demand, and return on investment from your land. To analyze these factors, you must calculate the cash flow generated from the land. <\/li><li><strong>Maximum Productivity:<\/strong> Both the sellers and the buyers should consider the net present value (NPV) and rate of return of a project. For example, if a project is too risky, it will not give high returns and may not be of the best use.<\/li><\/ul>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"Price-to-sell-my-land-fast\"><strong>Step 2: Price Your Land Accurately<\/strong><\/h3>\n\n\n\n<p>You should be careful of the market conditions while you price the land. Overpricing can deter potential buyers while underpricing can lead to financial loss. <\/p>\n\n\n\n<p>You can conduct a <a href=\"https:\/\/www.houzeo.com\/blog\/comparative-market-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">comparative market analysis<\/a> on recent land sales in your neighborhood and set a competitive price. Besides this, seasonal changes, location, and region of your land can influence land&#8217;s value. For example: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Spring and Summer:<\/strong> Buyer&#8217;s interest typically peaks during these seasons. This happens because of the renewed vegetation, and sunny and longer days. Additionally, if your land has desirable features for outdoor properties (pools, gardens) you can list your land for a higher price. <\/li><li><strong>Late Summer and Fall: <\/strong>Agricultural lands with crops yield better prices. And, in this climate, you can price your land high for its timber trade. Additionally, if your land is located near any popular winter activity area, you may increase your asking price. <\/li><\/ul>\n\n\n\n<p>Be aware of the seasonal fluctuations and adjust your price accordingly. If you want help to correctly price your land, you can get professional help from a real estate agent.<\/p>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"land-selling-list\"><strong>Step 3: List Your Land on the MLS<\/strong><\/h3>\n\n\n\n<p>List your land on the MLS to increase the land&#8217;s exposure. Present your land&#8217;s best feature. Also include surveys, drawings, and income estimates in the listing. Write your property description to provide beneficial information for buyers.  <\/p>\n\n\n\n<p>Your next step is to <a href=\"https:\/\/www.houzeo.com\/blog\/how-to-list-on-the-mls\/\" target=\"_blank\" rel=\"noreferrer noopener\">list on the MLS<\/a>. If you opt for a traditional Realtor, they charge a 2% to 3% commission. However, with Houzeo, you can list your land for a flat fee and save on commissions.<\/p>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"How-do-i-sell-land\"><strong>Step 4: Alternatives to Sell Land<\/strong><\/h3>\n\n\n\n<p>There are 4 options for you to sell your land. The time it takes and the amount you receive differ based on each option:<\/p>\n\n\n\n<ol class=\"margin-bottom-15 wp-block-list\"><li><strong>List with a Discount Real Estate Broker:<\/strong> The best <a href=\"https:\/\/www.houzeo.com\/blog\/discount-real-estate-brokers\/\" target=\"_blank\" rel=\"noreferrer noopener\">discount real estate brokers<\/a> offer all the services traditional Realtors offer but at discounted rates. They usually charge 1.5% to 3% commissions to list your land. This can be a good option if you are comfortable handling some other aspects yourself. <\/li><li><strong>List with a Full-Service Realtor:<\/strong> We do not recommend a full-service agent, who can charge you nearly 5% to 6% of the closing cost. Although you&#8217;ll get all the professional help required it will cost you thousands of dollars.<\/li><li><strong>Sell to a Cash Buyer:<\/strong> A cash buyer can make a cash offer instantly and help you sell your land. Individual investors or companies can close the deal within 24-48 hours. However, you might receive less compared to the traditional market. <\/li><li><strong>Sell &#8220;For Sale By Owner&#8221;:<\/strong> Selling land by the owner or through <a href=\"https:\/\/www.houzeo.com\/blog\/for-sale-by-owner-websites\/\" target=\"_blank\" rel=\"noreferrer noopener\">For Sale By Owner websites<\/a> means huge savings on commissions. From listing your land to managing offers and showings, you handle it yourself. <\/li><\/ol>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"paperwork-for-selling-land-by-owner\"><strong>Step 5: Complete Paperwork<\/strong><\/h3>\n\n\n\n<p>Before selling your land, it is important to prepare all the important documents. The required documents are listed below: <\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Purchase Agreement<\/li><li>Land Contract<\/li><li>Purchase Counter <\/li><li>Title to the Land <\/li><li>Sale Deed<\/li><li>Disclosure Agreement<\/li><li>Closing Statement<\/li><\/ul>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"offer-negotiation-to-sell-my-land\"><strong>Step 6: Review and Negotiate<\/strong><\/h3>\n\n\n\n<p>The next step is for you to review the financial terms and negotiate with the buyer. It&#8217;s tempting to go with the highest bid, but you should always check these factors before settling:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Is the lot buyer making a cash offer?<\/li><li>Has the buyer applied for a mortgage and is it pre-approved or pre-qualified?<\/li><li>Are buyers open to negotiating closing costs? <\/li><li>Are buyers willing to waive off some financial contingencies like land appraisals or inspections? <\/li><\/ul>\n\n\n\n<p>Clear out these above-mentioned points and maintain clear communication with your buyer. This will help the negotiation process to remain smooth. It will also allow you to choose the best possible buyer for your land.   <\/p>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"sell-land-by-owner-closing\"><strong>Step 7: Close the Deal<\/strong><\/h3>\n\n\n\n<p>After accepting an offer collaborate with real estate attorneys or title companies to finalize the sale. You need to consider the following aspects to close the deal:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Financial Factors:<\/strong> Finalize the buyer&#8217;s finances and be clear on the <a href=\"https:\/\/www.houzeo.com\/blog\/how-much-are-closing-costs\/\" target=\"_blank\" rel=\"noreferrer noopener\">closing costs<\/a>. <\/li><li><strong>Legal Documents:<\/strong> Clear legal requirements like title issues, disclosure, permits, and zoning laws. <\/li><li><strong>Project Completion:<\/strong> Complete agreed-upon repairs and renovations.<\/li><li><strong>Secure Transaction:<\/strong> Use escrow agents to transfer funds and documents securely. <\/li><li><strong>Tax and Proration:<\/strong> Ensure property taxes and other assessments are prorated accurately based on the closing date. <\/li><li><strong>Signatures and Notarization:<\/strong> Ensure both parties sign and notarize all the required documents. <\/li><li><strong>Record the Deed:<\/strong> After closing the deal, record the deed in your nearby county office to transfer the ownership. <\/li><\/ul>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"how-to-sell-land-by-owner-without-realtor\"><strong>Can I Sell My Land Without a Realtor? <\/strong><\/h2>\n\n\n\n<p>Yes, you can. FSBO is a good way to sell your land, as hiring a real estate agent will cost you a 3% commission. However, it requires extra effort to do all the paperwork, marketing, and showings yourself.  If you prefer a more hands-off approach with expert guidance, Houzeo provides the ideal solution. <\/p>\n\n\n\n<p>Our flat fee plans can help you save thousands in commissions, and list your land on the MLS without a Realtor. <a href=\"https:\/\/www.houzeo.com\/blog\/is-houzeo-legit\/\" target=\"_blank\" rel=\"noreferrer noopener\">Houzeo<\/a> is a legit tech real estate platform. It gives you access to tools only real estate agents have at an affordable flat fee. <\/p>\n\n\n\n<h3 class=\"margin-top-15 wp-block-heading\" id=\"HowHZWorks\"><strong>5 Easy Steps to List on MLS<\/strong><\/h3>\n\n\n\n<p>Here&#8217;s how you can list on the MLS in 5 easy steps. <\/p>\n\n\n\n<div class=\"mainVideowrapper\">\n<div class=\"leftBlock\">\n<div class=\"innerblock\" style=\"padding-top: 0px;\"><iframe src=\"https:\/\/www.youtube.com\/embed\/JdKhjZvWa00?si=OFi7AGCQPkuaqqTH\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen=\"\"><\/iframe><\/div>\n<\/div>\n<div class=\"rightBlock\">\n<p><b>How to List on MLS With Houzeo?<\/b><\/p>\n<p><i>5 Easy Steps to List on MLS with Houzeo as FSBO<\/i><\/p>\n<p><a class=\"btnNew\" href=\"https:\/\/www.houzeo.com\/register?utm_source=BlogBody&amp;utm_medium=listonmls&amp;utm_content=VideoReviewsBlock&amp;utm_term=FFM\"><i class=\"fas fa-external-link-alt\"><\/i> Start Your MLS Listing NOW!<\/a><\/p>\n<\/div>\n<\/div>\n\n\n\n<p class=\"margin-top-28\"><strong>\u00bb Need More Clarity?&nbsp;<\/strong>Read these exclusive&nbsp;<a href=\"https:\/\/www.realestatequeen.com\/houzeo-reviews\/\" target=\"_blank\" rel=\"noreferrer noopener\">Houzeo reviews<\/a>&nbsp;and learn why it is one of the&nbsp;best FSBO sites&nbsp;in America.<\/p>\n\n\n\n<h2 class=\"margin-top-28 wp-block-heading\" id=\"FAQ\"><strong>Frequently Asked Questions<\/strong><\/h2>\n\n\n\t\t<div class=\"wp-faq-schema-wrap wp-faq-schema-accordion\">\n\t\t\t\t\t\t<div class=\"wp-faq-schema-items\">\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tHow do you sell a land by owner (FSBO)?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>You can <a href=\"#how-do-i-sell-land\">sell land by owner<\/a> (FSBO), if you list and market your land yourself on the MLS. This will help you save on realtor commission. Although, it requires more effort for marketing and negotiations.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tHow do I determine the value of my land?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>To determine the <a href=\"#Price-to-sell-my-land-fast\">price of your land<\/a>, you can use online valuation tool, research similar land sales in your area or hire a professional appraiser for accurate measurement.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tHow to sell land without a Realtor?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>You can <a href=\"#how-to-sell-land-by-owner-without-realtor\">sell a land without a Realtor<\/a>, if you sell it for sale by owner. You can use online platforms like Houzeo to list your land on the MLS. <\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<p class=\"ui-accordion-header\">\n\t\t\t\t\t\tWhat are the things I can do to make my land more attractive to buyers?\t\t\t\t\t\t<span class=\"ui-accordion-header-icon ui-icon ui-icon-triangle-1-s\"><\/span>\n\t\t\t\t\t<\/p>\n\t\t\t\t\t<div class=\"ui-accordion-content\">\n\t\t\t\t\t\t<p>You can enhance your curb appeal, provide clear walkaway, highlight the <a href=\"#Identify-vacant-land-for-sale\">best uses of land<\/a>, and market it with high-quality photos and detailed descriptions.<\/p>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n","protected":false},"excerpt":{"rendered":"<div class=\"new-excerpt\"><p class=\"small-desc\">Follow these steps for selling land smoothly: 1. Price your land 2. Find the best use 3. Choose the best way 4. List on...<\/p><\/div><div class=\"reading_date\"><span class=\"readtime\">7 mins read<\/span><span class=\"date\">Sep 17, 2024<\/span><\/div>","protected":false},"author":102,"featured_media":564530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46226],"tags":[35433,35430,35435,35431,35432,35426,35428,35429,35434],"class_list":["post-545913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-seller","tag-buying-and-selling-land","tag-companies-that-buy-land","tag-how-to-market-land-for-sale","tag-how-to-sell-a-piece-of-land-by-owner","tag-how-to-sell-my-land","tag-land-for-sale-by-owner","tag-land-lot","tag-land-lot-sale","tag-sell-a-lot"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>7 Simple Steps for Selling Land | Houzeo<\/title>\n<meta name=\"description\" content=\"Follow these steps for selling land smoothly: 1. Price your land 2. Find the best use 3. Choose the best way 4. List on MLS\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.houzeo.com\/blog\/selling-land\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"7 Simple Steps for Selling Land | Houzeo\" \/>\n<meta property=\"og:description\" content=\"Follow these steps for selling land smoothly: 1. Price your land 2. Find the best use 3. Choose the best way 4. 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Price your land 2. Find the best use 3. Choose the best way 4. List on MLS","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.houzeo.com\/blog\/selling-land\/","og_locale":"en_US","og_type":"article","og_title":"7 Simple Steps for Selling Land | Houzeo","og_description":"Follow these steps for selling land smoothly: 1. Price your land 2. Find the best use 3. Choose the best way 4. 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