Every individual who owns a vacant land or raw land can tell you how hard it is to actually sell it compared to selling existing property like a home. This is because it is bare land which makes it difficult for potential buyers to visualize the potential of the property and see its value.You just need to tailor your tools, strategies and focus for selling this type of property. Here are the tips on how how you can minimize the sales cycle and help you get fast money from your land.
1. Price your land right.
- Talk to a Real Estate Agent who can guide you further on how to price your land basing on how other people in the same area are selling their land.
- Alternatively, find a Real Estate Professional who will help you valuate the property. You might fall in a trap of setting a price which is not in line with market prices.
Most land sellers/ land owners occasionally make mistake of either overpricing or under-pricing their land and in the long run, fail especially when they did not to carry out basic ground work. Wrong pricing will not only scare away buyers from inquiring about your property, but also will take you longer before selling your property. Consider your own needs when pricing, and understand how pricing could impact buyers’ interest.
2. Have your land ready.
3. Find multiple online listing site to advertise your Land.
Having a lot of people to see your land is key. Find as many different land listing sites or places you can sell you land. Luckily in the age of the internet there are various resources that are perfect for selling your land online.
Get as many eyeballs as possible on
your land. This will increase the likelihood that you’ll find a land buyer and
sell your land fast. There are numbers of websites that work well for selling
land. If you're looking to sell your land as fast as possible, you will
need to get it listed on as many websites as possible which should help
increase exposure to your land listing.
4. Create a floor plan.
5. Being Proactive.
You need to be proactive once you advertise on the listing site. When your phone rings, answer it. You never know if it is a potential buyer trying to reach you. When you get leads from the advertisement, call back immediately. Stay prepared to answer questions on the spot without hesitating.
Always make a follow up after initial communication to make sure your buyers have all the information they need. Most sellers will take a no and move on and this is where they go wrong. Following up with a potential buyer could be the reason why you probably make a sale.
Photography of a vacant land in Kenya. |
6. Show your property at its best.
It can be challenging to market vacant land because there is no move-in-ready home. Homes are visual, convey a sense of place and evoke emotional responses from buyers. Use visual tools to tell the story of your vacant land in your online listing in a beautiful and compelling way. Be creative with your land photographs. Use attractive photos of the home site, natural features of the land, the view from your property and even community amenities. This way, you'll sell your land very fast hustle-free.
Generally, selling vacant can be a challenging process and requires some effort on the seller's part in order to find a motivated land buyer so as to close a deal fast. However, with the right game plan and a proactive approach, you will be trading your land for some good cash in the bank in no time.If your property is located in the rural areas, use these tricks to enable you sell it fast and make as much profit as possible.
Find Property in Uasin Gishu County
Baoriat Agencies
Call: +254 721-554-937
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