By Fabi R. Gomes | June 3rd, 2019
Selling rural property is often a tricky process, but there are a few steps you can take to increase your chance of appealing to the right buyer.
1. If you are looking to sell your acreage property, the first order of business is determining its value. Are you selling a portion of it? Half of it? Or the entire acreage? Finding comparable sales is a common obstacle to determining an accurate list price for rural properties. Often there are no neighboring properties at all, much less those with similar improvements and features. Partner with the right real estate agent who is specialized in your area to run a market analysis for your unique property and determine an appropriate market value.
2. Research all that you can about the property and its features—property lines, utility information, water access, zoning ordinances, waste disposal and sewage, information about other amenities—in order to present the best assets of your land to potential buyers.
3. Ensure that you are within your rights to sell the land, and be financially prepared to complete all the steps in the process, from appraisal and clean-up to advertising and legal fees.
4. Marketing rural property may be more of a challenge than homes in a suburban area. However, rural property is a dream come true for the right buyer. You never know what will attract a buyer—hunting, farming, energy farms, or other types of investment land use. Take detailed photos to help buyers envision themselves living the country life.
Selling acreage can be a complicated and legally detailed process. If you are considering placing your property on the market for sale, partner with a CBHarper agent with experience in your area to help you navigate the sale.
Coldwell Banker D’Ann Harper, REALTORS® can be reached at (210) 483-7581 or email@example.com and has been an affiliate of the Coldwell Banker franchise system for over 30 years.
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