If you own land in Chicago IL, and you’re wondering “how to sell my land myself in Chicago IL“, you have a couple of choices. In this post today we will take a look at your best choices and comb through the details of each choice so you can choose the best course of action for yourself.
Here’s The Most Common Way To Sell…
The most common way to sell your land in the Chicago area is through the traditional process of hiring a real estate agent. A good real estate agent will have a proven track record of selling land in the area and be able to present you with a detailed marketing plan to help you sell the property. They will also be able to you negotiate the sale and put together paperwork for the sale of the property.
The challenge here is that many land sellers will discover that there aren’t a lot of land buyers out there so even with help of a real estate it will be very difficult to find a buyer for your land. Also, most real estate agents don’t have very much experience selling land so finding the right person is going to be very difficult and of course if you are able to find someone experienced in selling land then you’ll need
Another choice is for sellers to sell land themselves. You do the same work as the agent and are able to save the commission that you’d have to pay the agent, ultimately pocketing a little more cash than if you sold the traditional way.
But many of the same problems exist here, too: Land sellers who choose to sell their land themselves soon find that there really aren’t a lot of vacant land buyers out there. The average person just doesn’t buy vacant land.
Here’s Another Option You Might Not Know About…
Here’s the third option – and the option that most people aren’t even aware of. Instead of listing your property (either through an agent or on your own) you can simply sell your property directly to a land-buying company (like what we do here at Blue Ladder Development). Selling this way allows you to quickly dispose of your land, put money in your pocket, and still avoid paying commissions that you’d normally have to pay to an agent.
Sellers view this third option as a superior strategy because of the following reasons:
- It’s faster – a land buying company that buys land directly from a seller can know right away if the land is right for them, and a good land company can usually get the funding right away. There’s no listing and there’s no showing the land to many prospective buyers.
- It costs less – an agent will charge commissions but most land buying companies won’t charge anything.
- It’s far less work – listing your property can be a lot of work, even if an agent does it. But selling your vacant land directly to a land-buying company can give you a rapid close so you can walk away from the land when you want to.
Looking how to sell my land myself in Chicago IL? Look no further than a land buying company. Although few sellers are even aware that this option exists, they’re pleasantly surprised at how quick and easy it is to sell their land when they learn about it.