If you’re like many people who want to sell vacant land in Lake City, you need to know that it’s quite a bit different from selling a home – and this guide explains.
How to Sell Vacant Land in Lake City
First things first: You should work with an experienced Lake City REALTOR® who understands the differences between selling land and selling homes. You need an agent who knows that land buyers have different perspectives and needs than homebuyers do, as well as the fact that land requires different selling techniques than homes do.
After you have a skilled, knowledgeable REALTOR in your corner, things will fall into place for you. However, there are things you can do to help your agent sell your land quickly and at the right price, including:
- Preparing the land for sale
- Choosing the right price
- Offering financing
Here’s a closer look at each.
Tip #1 to Sell Vacant Land in Lake City: Prepare the Land for Sale
Though selling land is different from selling a house, one thing remains true: First impressions are a big deal. Make the land as presentable as possible before you sell it, which includes clearing out pathways for vehicles or foot traffic, removing trash or junk, and ensuring there are multiple ways for prospective buyers to explore the property. Talk to your Lake City REALTOR about other ways you can prepare your land for sale, too.
Related: Staging tips for vacant land
Tip #2 to Sell Vacant Land in Lake City: Choose the Right Price
Your REALTOR will help you determine the right asking price for your land for sale in Lake City. It’s imperative that you work closely with your agent when you’re choosing a listing price; if you price the property too high, it won’t sell – but if you price it too low, you’ll be leaving money on the table. Your REALTOR (particularly if you work with an agent who specializes in selling land) will know what buyers are willing to pay for a piece of property like yours.
Tip #3 to Sell Vacant Land in Lake City: Offer Financing
Many land buyers have a hard time getting standard financing, so if it’s possible, you may want to consider offering owner financing. In a situation like this, the buyer finances the purchase through you – and that means making payments to you at regular intervals until the property is completely paid for. Your REALTOR can talk to you more about this option if it’s something you’re considering.
Are You Buying a Home or Land for Sale in Lake City?
If you’re moving to Lake City, we can help you find the perfect place to live. Call us at 386-243-0124 to tell us what you want from your home and we will begin searching right away.
Check these out:
- Paved road frontage for sale in Columbia County
- Non-deed-restricted land for sale in Columbia County
- Wooded oak tree land for sale in Columbia County
- Land-for-land home combo in Lake City
- Waterfront residential in Lake City
- Waterfront land in Columbia County
- Bank-owned homes and foreclosure in Columbia County
- Short sales in Columbia County