Why Do Sellers Turn to Auction?

After trying to sell their land traditionally on the Multiple Listing Service without success, owners turn to auction. Auction is a very efficient way to sell a property knowing that the buying public is aware that the owner is committed to a direct and immediate sale. Land owners prefer to sell their property in an auction because of the advantages it presents.

The publicity or marketing advantage that an auction has is one of the biggest attractions. Land owners who want to sell the property quickly can directly meet the eager buyers. They can deliver the property details easily and convince buyers to close the deal. In an auction, the land owner is protected by the reserve price. The owner and the auctioneer set the reserve price after assessing the potential buyers’ bidding strength and the property’s market value. The buying public should bid no less than the reserve price and in accordance with the terms and conditions set by the owner or vendor.

Properties being sold at an auction have an unconditional contract which means the bid winner should proceed with the settlement on the agreed date. The seller does not have to wait for the buyer to obtain financing from the bank. Buyers from an auction are ready and willing to buy. They are also pre-qualified which means before they can participate in an auction they are required to deposit a certain amount or certified cashier’s check according to the NAA (National Auctioneers Association).

The auction process typically takes 4-6 weeks. It involves the property being held by your chosen auctioneer within the given time frame wherein the auctioneer will market the property and find potential buyers. It is clear that placing the property in an auction has its advantages but what if you don’t have 4-6 weeks? What if you need to sell your property as quickly as possible? Fortunately, you have another option. You can sell your land to a private land investor like Lucas Properties LLC. With Lucas Properties, you don’t have to wait.

Reasons Why You Should Sell Your Land

Landowners often ask themselves whether they should sell their land. There are several reasons and considerations why owners sell their land and it is not always an easy decision. To get started, here are some of the reasons why it may be a good idea to sell your land.

No Use for the Land
Did you buy the land as an investment? Did you just inherit the land? If you find that your reason for buying or having the land is no longer important then it might be good to sell it. People inherited land all the time; sometimes even from people who they did not even knew they were related to. If you have acquired the land via inheritance and you have no use for it or you realize that you have too much real estate in your portfolio then it’s a good time to sell that piece of land. Unused land without revenue is just going to cost you tax money. Alternatively, when you sell it you’ve got yourself a chance to earn a good profit.

Don’t Have Enough Money to Finance the Land
You have inherited a piece of land but you don’t have enough money to develop it then it is good to sell it to someone else who can put it to good use. By selling the land you can earn easy money and at the same time give somebody else a break in the process.

Other Plans for Investment
Real estate is not for everyone so if you have a piece of unused land and you need money to finance other projects then it is high time to put your land into good use. Sell the land and have the funds to finance your other projects.

Whatever your reasons for selling the land, it is without a doubt that you will earn money in return. How to sell your land? You can sell your land in many ways: for sale by owner, in an auction, through a real estate agent or to a private land investor. However, if you want to sell your land quickly then a private land investor is the only way. Contact Lucas Properties LLC and get cash from your land immediately.

You CAN Sell Your Raw Land

There are many reasons as to why landowners choose to sell their land. Personal and financial reasons often play a large role in making the decision to sell; however, changes in land laws, too, have had their fair share of the determining factor and have left many unaware of how to unload the newest burden of being a landowner. While most of the perks from owning raw land vary with the type of land possessed, the drawback most often is in keeping up with the legalities and financial responsibilities. So, what’s the first step towards selling your land in a slow market? Some would say that you simply have to bear down, practice patient, and be steadfast in your goal. But, assuming that your level of determination doesn’t falter during that plan, what’s the new plan if weeks and months go by without an offer being given you? Well, it’s quite simple. If you have land to sell, go to someone that you’re certain is looking to buy.


Land investors are specifically focused on purchasing raw land of all types. Whether it is urban, suburban, or rurally located, there is a land investor interested in purchasing your land. In most cases, the cash offer for your land will range from 5% to 25% of the fair market value of your land. This might work best for you if you’re in need of a distressed property solution, have no use for your land, and need cash fast. Lucas Properties LLC is a private land investor who, additionally, offers a guaranteed seven day closing. And, as a knowledgeable expert in raw land sales, successfully closes deals while eliminating closing costs, fees, liens, and debts on the behalf of landowners. If you’re interested in finding out more about how to sell your land where you only benefit, fill out and submit the informational form under the We Buy Land tab.

Your New Year's Resolution: Sell That Land!

Already, many Christmas shopping lists have been replaced with lists of New Year’s resolutions. On the average checklist of resolutions you can, no doubt, find lose weight, spend more time with family, or save more money. But, for the person who has an extraordinarily zealous need to start anew, the list might be fairly simple: start a brand new life! Perhaps, it’s a brand new life in a brand new city, a brand new home, or with a brand new special someone. Out with the old and in with the new.
Well, in the world of vacant lots, lonely oceanfront shores, and cold empty fields, out with the old and in with the new is a welcome change for land owners hoping to sell their land for a warm, fun filled future. Avoiding the time and energy consuming tasks of hiring a real estate agent, hoping for potential buyers, and selling to the right one is key. This is where enlisting the help of a private land investor becomes the most helpful.
Lucas Properties, LLC has provided expert land investment services to numerous clients in need of a distressed property solution such as yours. With an impressive history of successfully purchasing and closing on raw land within seven day’s time, you’ll be able to move forward without a hitch. And, too, the benefits of choosing to sell your land to a land investor go above and beyond the satisfaction of making the sale. In fact, your profit would actually be cash and any debt that you owe on the land would be paid for on your behalf! Yes, it’s true! Now, that's the way to start a new year. Contact Lucas Properties, LLC for more details.

Sell The Farm-There is a Wedding to Plan!

There are a lot of stories behind why some people find that now, after many years, they are faced with selling land. Here is one of them…
Clyde Ranker grew up in the city. As a young boy, he loved going to his grandpa’s farm and always dreamed that someday he would live just like grandpa. Then Clyde went off to college and met the girl of your dreams, fell in love, got married and started a family. Somewhere along the way Clyde and his wife found a small plot of land and he was able to convince her to share in his dream of land ownership. So they bought the raw land, with dreams of building and moving the kids out to where they could enjoy the things that Clyde had enjoyed at his grandpa’s farm.
As is the case in many of the selling land stories we here, time passed for Clyde, his kids got older. There were sports and dance classes to be paid for; not to mention the expense of braces and cars and insurance. As time went on and the family grew older, there was less money to spare and even less time to be had.
Next thing Clyde and his wife knew, his kids have grown, the second was about to go off to college and another had announced a marriage in the spring. As parents, Clyde and Mary had thought they were putting money away in savings for these expenses, but last check there wasn’t enough there for wedding gowns and books both and Clyde was faced with a financially troubling situation.
Pulling from their 401k just wasn’t an option, not that there was much in it after the economy changes. There were no grandparents left to ask of and no magic money fairies waiting in the wings to help. Clyde had always been a hardworking family man and his wife worked as much as she could too, but they were stretched thin. Then they remembered the farm land they bought all those years ago.
Where once they had intended to take the whole family to this little slice of heaven, times changed and slipped away and a family place that piece of land would be no more. This is when Clyde and Mary decided to sell their land. The cash they made on the sale of their property helped them to keep the children’s education and the upcoming wedding to go on!
By selling your unused land, for cash, you restore the cushion that so many people lost during the most recent recession. Hard working people have been watching their pennies add up to nothing. The cost of living has been rising while the jobs have been falling. By selling your raw land for cash, you can help stay on track clear through to retirement and maybe even have a little leftover for a second honeymoon or romantic get-a-way.
In addition to the boost in income, selling your land for cash also comes with the added benefit of removing expenses, like yearly taxes, insurance and maintenance. In the end, Mary and Clyde were actually able to buy another piece of land, close to the grandkids, and Clyde was able to live out his dream as a Grandpa.