If you own land in Louisville Kentucky, and you’re wondering “how to sell my land by myself in Louisville Kentucky”, you have a couple of choices. In this blog post, you’ll read about what your choices are, and how to know which choice is best for you. Whenever you have land you want to know “how to sell my land by myself in Louisville Kentucky?” you will usually list the land with a realtor or sell the land yourself by for sale by owner, when selling your house yourself you can sell it for cash or you can owner finance the land and potentially get more money for it.
The first option is to partner with a real estate agent who can guide you through the process and list the land for sale on your behalf. The second option is to take a more hands-on approach and handle the entire sale yourself, commonly referred to as a “for sale by owner” (FSBO) transaction.
Here’s The Most Common Way To Sell Your Land In Louisville KY…
The most common choice that land sellers have is to sell through a real estate agent. Agents will list your property and find buyers for it, and then negotiate on your behalf and help you with the paperwork and help you sell it for you.
Problem is, many property owners discover that there aren’t a lot of land buyers in the market compared to home buyers in Kentucky, and few real estate agents are truly “experts” in buying and selling land. As well, if an agent is able to find a buyer, you will have to pay commissions to the agent, which can get quite expensive. On average land takes a lot longer to sell whenever listed on the market (MLS) .
Another choice is for sellers on how to sell my land by myself in Louisville Kentucky is, you do the same work as the agent and are able to save the commission that you’d have to pay the agent, ultimately pocketing a little more cash than if you sold the traditional way. You can also sell a non-traditional way through Owner Financing.
But many of the same problems exist here, too: Land sellers who choose to sell their land themselves soon find that there really aren’t a lot of vacant land buyers out there. The average person just doesn’t buy vacant land. Most people who buy land are going to buy it to build a house on for an investment or a homeowner is going to look to build a house on a vacant lot in very specific neighborhoods and you also have people who will buy the land and use it for recreational purposes such as riding bikes or even camping or hunting depending on how big the property is.
Fortunately, there is a solution and it’s one that we at Louisville Cash Real Estate can help with so click here now to get in touch with us if you’d like to learn “ how to sell my land myself in Louisville Kentucky .”
Here’s Another Option For Your Kentucky Land You Might Not Know About…
Here’s the third option – and the option that most people aren’t even aware of. Instead of listing your property (either through an agent or on your own), you can simply sell your property directly to a land-buying company (like what we do here at Louisville Cash Real Estate ). Selling this way allows you to quickly dispose of your land, put money in your pocket, and still avoid paying commissions that you’d normally have to pay to an agent. It’s a win-win situation – you sell your vacant land in Kentucky for a good price, get it gone quickly, and we acquire another piece of land!
Sellers view this third option as a superior strategy because of the following reasons:
- It’s faster – a land buying company that buys land directly from a seller can know right away if the land is right for them, and a good land company can usually get the funding right away but sometimes that funding does take longer then house funding because you have to submit plans and other things along the way.
- It costs less – an agent will charge commissions but most land buying companies won’t charge anything to buy your property or even just give you a free opinion of what it is worth.
- It’s far less work – listing your property can be a lot of work, even if an agent does it. But selling your vacant land directly to a land-buying company can give you a rapid close so you can walk away from the land when you want to. There is no need to stress while selling your land.
Looking how to How to sell my land by myself in Louisville Kentucky? Look no further than a land buying company. Although few sellers are even aware that this option exists, they’re pleasantly surprised at how quick and easy it is to sell their land when they learn about it.