How To Sell Your Land Quickly In Roanoke, Virginia

Acres & Acreage, LLC

In Virginia, the value of land is changing at a tremendous rate, with Virginia being a highly attractive rural area. Local housing developers and potential home owners are setting their eyes on the beautiful untouched land that Virginia has to offer. For those that

have inherited land, seeking a return on their investment, or simply looking to get rid of unused land, this article offers old and new land owners new opportunities to come out on top when selling their land.

In this article, we will talk about five tips that will help you sell your land quickly as a land owner in Virginia. Follow along and contact us if you have any questions about selling your land.

Research Your Local Land Market Value

When taking the steps to find the value of your land in Virginia, it is important to understand that the value of land can differ based on county and region. In higher populated areas where the income is higher, the property can come at a premium. This is because of the neighboring houses, local schools and/or convenient commuting options and prices can exponentially decrease not even a couple blocks or miles away.

When you are ready to sell your land or do research to find a competitive and accurate asking price for your land. Start by looking up comparable land parcels that have sold in the last 30 days that are located near your property. Once you find properties that are similar in acreage and county, narrow your research down further by looking into the similarities in road access, zoning, utilities and water features, most importantly look into the future growth or decline of your specific area.

If you are not comfortable with this process it could be smart to hire a professional such as a land appraiser or a local realtor to help and guide you through this process.

To Sell Your Land Survey Property Lines And Conduct Title Work

When you begin the process of selling and listing your land, it is important to first start by having the property professionally surveyed, marking the boundaries and the exact acreage. Completing this process will eliminate any problems when it comes to listing your land for sale. Surveying your land by a professional will also allow your property to potentially be sold faster allowing the potential buyers to be at ease when it comes to potential neighborly disputes over whose land is whose

During this process as a land owner you should take the steps to conduct a title search to make sure that their are no easements, liens or any other issues on the property. Your title work should show a clear “fee simple” confirming you are the land owner and that there are no issues. Buyers will want to see a clear title before purchasing any property.

This process of gathering a survey and title will include fees that typically run a few hundred to a couple thousand dollars, but highly recommended to catch a buyers eye.

Consider Owner Financing Options

With creative seller financing, this can help sell land fast and for a larger price. This is because you can expand your list of qualified buyers and provide them with multiple different ways to purchase your land. When you owner finance you carry a mortgage for the buyer instead of acquiring a traditional bank loan.

With creative owner financing this allows potential buyers with less upfront capital to access your listing and move forward with a purchase. If the two parties find a mutual agreement on frequent payments and the buyer provides a sizable upfront down payment and can handle a competitive and fair interest rate. You will hold the note until it is paid off, then will proceed to sign it over.

This process is only recommended, when it is a thoroughly vetted buyer this can be a great way to sell your land. We recommend finding a trust worthy real estate lawyer and work closely with them on details In the contracts.

List Your Property On Local and National Online Directories

Wether your selling land or houses, it is important before listing to come up with a strong marketing approach on how you are going to get your property noticed by the right potential and qualified buyers. We recommend listing your property on nationally noticed platforms like Redfin.com and Realtor.com

It is important to list your property in detail, giving the most amount information possible to potential buyers. Such as property type, acreage, road access, pricing and clear and visual photos of the land. Listing your property on social media platforms can also provide a great way to get local attention like facebook, facebook marketplace, and craigslist

As well as researching the best rated real estate agents in your local area that “specialize in land”. Agents with a main focus on “land” can provide a great amount of additional knowledge and understanding when it comes to finding the best selling price and marketing ideas. A lot of agents that specialize in land are close with housing and land developers and can spread the word like wildfire in your area and even nationally.

Real estate agents do require a fee and the end of the sale, but can be a great investment if you are not comfortable developing your own plan.

Consider Reaching Out To Adjacent Property Owners

Sometimes, the best place to look, especially if you’re selling land, is right next door in your neighborhood or local area. If your land is in a rural location, reach out to neighboring farms and properties. These owners might already have a larger amount of land but could be interested in expanding. Farmers and ranchers are always looking for more space to grow crops or raise livestock. Purchasing neighboring land can help them increase their earnings with a relatively small initial investment

Reaching out to these individuals can help more than you know they are in the business of owning land and making it make them more money. Even if they aren’t interested in purchasing any more land at the moment. The chances are they know of someone that is and can help spread the word in the local area.

Selling your land or house can be a long process but with the tips above you can most certainly speed up the process. There are many ways to go about the process of selling your land in Virginia, luckily, Acres & Acreage, LLC is here to help you in formulating the perfect plan of attack.

One last tip for land owners, reaching out to local cash buyers is also one of the quickest and simplest ways to sell your land or house. The great thing is Acres & Acreage, LLC is a local company located in Roanoke, Virginia ready to buy your land fast for cash without a realtor, no closing cost, no fees and no wait. Contact us or learn more about us on our website and get a fair and simple cash offer for your land in Virginia