Do you want to sell your land? The process of selling land is very different from selling a house. The purpose of this blog post is to explain how selling land differs from selling a home in GA….
Owning a property, you might not think a lot about whether there is a house on it or if it is just raw land. However, there are differences that can impact the sales process. The following are four reasons why selling land is different from selling a house in GA.
4 Reasons Why Selling Land Is Different Than Selling Your House In GA
#1. You’ll Need A Geological Survey
The process of selling a house is really about selling the structure, whereas selling land is more complicated because the buyer might be interested in developing it, farming it, mining it, or enjoying it for other reasons. You will probably need to provide the buyer with geological data, perhaps including soil samples, water samples, grading, and landscaping. Having a survey will allow the buyer to understand the property’s make-up and determine if it meets their needs.
#2. You Can Skip The Structure Inspection
It is important to focus on how good a house is and whether or not it will remain a safe structure in the future when selling it. In short, if you are selling a house, the focus is on fire and flood potential, upgrades, and risks like mold or termites. With land, these factors are irrelevant.
#3. You’ll Need To Identify The Development Potential
Getting people to see themselves living in a house is the key to selling it; for selling land, it is getting people to visualize the development potential of the land in the future. Suppose you want to tell potential buyers about the growth of the city toward the vacant land, so it will be ideal for a new community someday, or if you are showing a geological sample that proves the land is suitable for farming.
#4. It’s A Different Type Of Buyer
You’re usually dealing with a “retail buyer” when you sell a house to someone – someone who is thinking about buying a home. When selling land, you have a very different kind of buyer – if you’re selling the land for recreation, it’s a buyer who wants to enjoy some wide open spaces; if you’re selling the land for development potential, the buyer is an investor who is looking to make money off the land. It is much easier to tell the right people about a property’s potential when you know who you are selling to.
Do you have land you want to sell in Savannah? If you’re thinking of selling and if you’re wondering why selling land is different than selling your house in GA, then you might like this: we are currently buying land and would like to make you an offer for your land.