Do You Need A Realtor to Sell Your Land?

One of our most frequently asked questions is whether or not it is necessary to work with a realtor or real estate agent when trying to sell vacant or recreational land.

Do you need a realtor when selling land?

The quick answer is: No.

Realtors are a great help with some things and they sell a lot of different kinds of real property. But when it comes to land, there are some important things to consider before choosing to list with a realtor. Here are some key points to look at before listing your property with a real estate professional.

How long will your property take to sell?

Ask the realtor how quickly they think your property will take to sell. Most realtors focus on selling residential properties and homes, so when it comes to land they often have much less experience. This can result in you continuing to pay property taxes for land you aren't planning to ever use, while your realtor takes the time to find a buyer--sometimes for months or even years. If the realtor can’t give you a solid answer for their estimated timeline to sell your land, you might want to consider other options, or find someone else with more experience working with vacant land.

How Do Realtors Market Vacant Land?

A key question to ask the realtor is what kind of marketing they plan to do. Unfortunately, most realtors are not experts at marketing vacant land, and that is another reason your property could take longer than you want to finally sell.

The Cost of Realtors

Another important consideration is that realtors are paid a commission, a percentage of what your property sells for. Most people are familiar with the standard 6% commission for selling residential houses. But for land you might commonly pay 10% of the property value as commission. This takes a real bite out of the actual sale price, in addition to any other closing costs. So if you do list your property with a realtor, you should take these costs into account when calculating what you will actually receive when selling your land.

Other Ways to Sell Land

The truth is simply this: you do not need to work with a realtor to sell your land.

There are other options besides working with real estate agents and realtors. You could always learn how to sell land on your own, list your land by yourself as "For Sale By Owner, or--Choose a better way.

At pikespeaklandbuyers.com, we make selling your land quick and easy.

We will give you a fair cash offer for your land.

You don’t have to worry about realtors, marketing, people walking around on your property without you there, or any other hassles.

One real advantage to working with us rather than with a realtor is that you will not pay any fees.

And we will buy your property right away, after a simple contract process.

So, if you do need to sell your land, just give us a call, email us or simply fill out our form to get an offer from us within 24 hours.