If you own a property in Wisconsin, selling it is an excellent way to unlock the equity and gain financial freedom. However, vacant land can be a difficult investment to sell without the help of an experienced real estate professional. In fact, many people find themselves struggling to sell their property when they try to do it on their own, and this is often because of a lack of knowledge about how to market and close the sale. Fortunately, with a little bit of preparation and a firm grasp on the challenges involved in land sales, you can successfully sell your Wisconsin land without a realtor.
Consider whether you have the time and availability to commit to the process. Selling land requires significant time commitments to marketing, handling inquiries, negotiating and preparing the necessary paperwork for closing. It’s also important to assess your comfort level with negotiating and navigating the often complex and lengthy real estate transaction process.
Take the time to professionally and accurately price your property. Pricing your property correctly will help attract interest from qualified buyers and ensure that you maximize the value of your property. Additionally, it’s a good idea to have a second phone number for your listing so that you can screen buyer calls and emails while still keeping your personal phone number private.
Make sure that all the relevant details are included in your online listing to avoid missteps that can stall or derail the sale. This includes clear and comprehensive descriptions of the land, photographs that highlight key features of the property and information on development possibilities based on zoning, water access, and surrounding uses. It’s also important to highlight any permits, approvals or inspections that have been completed.
Use a professional appraiser to conduct a comparative market analysis CMA of your property. This will provide a clear picture of the property’s current value, allowing you to confidently negotiate with potential buyers.
Work with a real estate attorney to draft the necessary legal documents for closing. This is an essential step that can be complex and lengthy, and it’s important to have someone in your corner who understands all the requirements of a successful land sale.
The quickest and most straightforward way to sell your Wisconsin land without a realtor is to connect with a company that specializes in buying raw land for cash. These companies have the funds available and existing buyers lined up, enabling you to quickly connect with a buyer and close on your sale. This approach is often best for sellers who are pressed for time or want to skip the hassle of committing to a long-term sale. However, if you decide to pursue this route, be sure to choose a reputable and reliable company like Stillwater Properties. The wrong choice could end up costing you money in the long run.