Do you have land to sell in Chicago? If you own land but don’t want to sell it through a real estate agent then make sure you read this blog post to help you know how to sell vacant lots and land without a Realtor in Chicago.
If you are a land owner in Chicago or surrounding area, and if you’re thinking about selling it then you’ll want to know what your options are.
Some people choose to sell their land through a real estate agent (also known as a Realtor) but this is not the best choice for everyone. An agent might be able to find a buyer (but might not) and you’ll have to pay them a hefty commission at the end.
How to sell vacant lots and land without a Realtor in Chicago
Market your land
You need to get the word out that you have a piece of property you are looking to sell. Start with your own internal network of family, friends, and coworkers and share the details of the property/price with them so they can help you spread the word. The quickest way to get the message out to your network is to create a post on your social media accounts such as Facebook, Instagram, twitter, and even Linked In. Also post the property for sale in classified online directories such as Craigslist and the local news sources website if possible. You want to cast the widest net possible with your marketing to increase your chances of reaching the right potential buyer.
Show your land
When someone contacts you about your land, make arrangements to show it to them. If you are able to, it is best to meet the prospective buyer and show the land in person. By meeting prospective buyers in person you’ll to gain valuable insight from them as to what their specific interest with the property may be.
Negotiate and close
When you meet someone who is interested in buying, invite them to make you an offer. Remember: no price is final; you’re each sharing your starting point and then trying to find ways to meet in the middle, which could include lowering the price, adjusting the terms, or providing some other kind of incentive to the deal.
Keep it legal!
One of the reasons why people sell through an agent is because the agent can help negotiate the challenging parts of the contact and ensure all parties are protected. You’ll want to carefully research your obligations and requirements before you commit to anything.
If this seems time consuming, did you know there’s another way to sell? If you want to know how to sell vacant lots and land without a Realtor in Chicago you might be glad to know that there’s an even easier way to sell: you can sell directly to us here at Blue Ladder Development. We buy vacant lots and land directly from buyers (we’re not going to list it like a Realtor would – we actually want to buy).