First, it’s important to know what developers are looking for
A developer wants to be able to build on the property and sell it, so they’re probably looking for property that is close to infrastructure and services (like water, sewer, power, and roads). After all, they’ll need to connect these services to their development and they’ll want people to get to their development!
It’s okay if the land isn’t serviced but developers will probably want to know how far away the services are and whether those services are being actively worked on by the city.
Second, you may want to bypass the real estate agent
A lot of real estate agents tend to work with residential homeowners who are looking to buy a house to live in. If you’re wondering “How do I sell my land to a developer?” you may need to find someone who specializes in selling land to commercial businesses. (Alternatively, you might consider getting in touch with us to buy your land from you – we’re not developers but we do buy land).
Third, be aware of zoning when wondering “How Do I Sell My Land To A Developer?”
Developers will be looking to build, which may include potentially subdividing and doing additional work on the land. They’ll want to know how your property is zoned so they can anticipate the work required to build. Of course zoning can often be changed but zoning changes will just add to their timeline and workflow so it’s helpful for developers to know up-front how the land is zoned.
Fourth, be aware of the path of new construction
This one is harder for land owners to know but if you’re wondering, “How do I sell my Tonasket, WA land to a developer?” this will be an important consideration that the developer is thinking about: If your land is not inside a city then a developer will probably want to know if the city is growing in the direction of your land. (Even if the city is not growing toward your land, that’s okay but developers will want to know). You don’t have to know this answer yourself but if you do, that will be helpful to developers.
Selling raw land can be challenging because it’s a very different kind of buyer. But if you’re wondering, how do i sell my land to a developer, then these 4 tips will help you.
Are you thinking about selling your land? We buy raw land and vacant land, and we’d like to know about your land so we can put an offer on it. Click here now and fill out the form or call us at 214-699-4455 to tell us about your land.
I was informed step by step as the transaction progressed.
“When I first received an offer to purchase my property, I was a little skeptical. Once I spoke with Tim & then Beth, I had a sense of feeling that these guys were sincere. After the initial conversation I was comfortable & reassured with Tim & Beth’s professionalism and transparency of the entire process. I was informed step by step as the transaction progressed. I was immediately given the contact information & name of the Title Representative that was handling the closing with anticipated date of closure. Tim and or Beth were always available by phone or email. The entire process progressed flawlessly & expeditiously. I received the funds from the sale faster than I expected. This was one of the easiest & least time consuming real estate transactions that I have experienced in my 40 years of buying and selling of real estate.”