If you are interested in selling your raw land, you might first want to compare the sales prices of land that has recently sold in the area of where your parcel is located. This information will give you a heads up on what the current market value of land is there, and will help you to make the best decision on how to price yours for sale. If you’re the type of person who likes doing your research by foot, you can make a visit to your local county’s Register of Deeds office; there is where you’ll find recorded documents relating to various land transactions in your county—even, public record of sales contracts for raw land and waterfront properties. However, if you prefer the convenience of having someone to help you, you can enlist the professional expertise of a real estate agent or land investor.
The Register of Deeds Office
If you’ve never been to your local Register of Deeds Office, you may be confused as to how it all works and what you are to do upon arrival. However, it’s very easy to gain the information that you’re looking for, and only really requires a big smile and a friendly greeting to the helpful attendants on staff. Ask for a complete search on recent land sale prices, or have specific parcels in mind to base your search around; that is, parcels that you might be aware of that have recently sold. Some Register of Deeds offices even have website databases available to the public in house.
The Real Estate Agent
If you don’t have the time or motivation to do the research on your own, consulting with a realtor who will help you compare the prices of land is a way to get the information you need without doing the leg work. Being informed about what’s selling and at what price is part of their profession, and someone in your local real estate office will be able to help you.
Another Great Alternative
While deciding to sell your land is one thing, actually walking through the process—from pricing to the final sale—is another. Before you get started, if you think that you’d prefer a quick sale with a short closing date, it might be in your best interest to contact a private land investor. A private land investor will cut your wait time for selling your land tremendously with a guaranteed closing date of seven days. Additionally, all debts you owe on the land would be paid off on your behalf, and your profit would be in cash. If you need to speak with a private land investor, call Lucas Properties LLC for more information.