It's always smart to think about your options. Often times you will see market prices but not realize the true cost or time involved in selling through an agent vs. our Net to Seller offer. You may be able to get a higher top-line price, but that doesn't always translate into more money in your pocket. Plus, trying to sell through an agent normally comes with a lot more headache and more time commitment on your part. Compare your options below
|Selling w/ An Agent||Selling to Simple Land Sales|
|Commissions / Fees:||8-10% on average is paid by you, the seller||NONE|
|Who Pays Closing Costs?:||2-3% on average is paid by you, the seller||NONE – We pay all costs|
|Financing (or Other) Contingency:||Yes, 10-15% of sales fall through||NONE|
|Appraisal Needed:||Yes, sale is often subject to appraisal||NONE – We make cash offers|
|Average Days Until Sold:||+/- 180 Days (sometimes more than 300 days)||As little as 21 days|
|Number of Showings:||10-25++ - Lots of demand for your time||NONE - We evaluate and buy!|
|Back Taxes:||$100-$800++||NONE - We pay it at closing!|
|Contracts and Other Items That Take YOUR Time||Dozens of hours||1-2 hours total|
|Who Pays For Repairs?:||Negotiated During Inspection Period||NONE – We pay for all repairs|
Work the numbers and see what makes sense. Many people value their time much more than a little extra cash; often, the cash is similar to what you could expect from an Agent sale. Simple Land Sales won't be able to offer you full retail value for your land, but there are a lot of other benefits to working with us than going the traditional Agent route.
Have you ever sold a house or other property through an Agent? Did you have an enjoyable experience? Most people answer no to this last question. That's because you often get inundated with demands for your time: flaky buyers who ask a thousand questions and demand concessions but then back out; dozens of pages of contracts that you must sign only to have the buyer back out; dealing with City/County permitting issues; having to clean-up or make other modifications to the property; time spent talking with the agent about pricing, marketing, or other items. Wouldn't you rather spend that time doing something you enjoy? Like hanging out with your friends or family, fishing, golfing, napping, or whatever.
Take a look at the average number of days it takes to sell vacant land in your area. Go on a site like Redfin and look at sold vacant land over the last year. You'll see that many times properties sit on the market for over a year. Do you really want to deal with this for the next 6-12 months?