There are many reasons you may be selling your land. Whatever your motivation may be, if you are like most sellers, your first thought is to hire an agent to sell your land on your behalf for the convenience of having a professional handle everything. If you’re in a financial crunch, the expenses of listing may make it difficult for you to afford. And, if you need to sell fast, you should know that the buyer pool is smaller for land, so you are not likely to be bombarded with buyers the way residential listings are in the current market. However, hiring an agent isn’t always the right move, so you must know all your selling options to make the best choice for your circumstances.
Once you understand the out-of-pocket expenses for each method, the timeline for the sale to close, and the amount of profit you will make from each, you can decide what works best for you. If you are ready to learn more, read on as we explore three reasons you shouldn’t hire an agent when selling your land in Fort Myers.
Marketing Expenses
When it comes to selling land in Fort Myers, especially if you’re looking for a fast and hassle-free transaction, bypassing a real estate agent and selling directly to a professional buyer like those at Core Real Estate Properties can save you significant money and time.
Traditional real estate agents often require sellers to shoulder marketing expenses, which can include listing fees for prominent websites, professional photography, and even yard signs. While these tactics can be effective for attracting individual buyers, they might not be necessary when dealing with professional land buyers. Companies like Core Real Estate Properties have established networks and resources to find potential land deals, eliminating the need for expensive marketing campaigns. Furthermore, since they typically purchase land with cash, you won’t have to wait for financing to fall through, leading to a much quicker closing process. This can be a major advantage if you need to sell your land swiftly.
Closing Costs
Selling land in Fort Myers can be a complex process, especially when it comes to closing costs. A portion of these expenses fall on the seller, and some of these fees, like title searches, transfer taxes, and recording fees, can hit your wallet before closing. These upfront costs can be a significant hurdle, especially if you’re looking to sell quickly or free up cash flow. Additionally, navigating the legalities of selling land and ensuring a smooth transaction can be time-consuming and require expertise.
This is just one reason why you might consider selling directly to a professional buyer like Core Real Estate Properties. Professional buyers like Core Real Estate Properties specialize in streamlining the land selling process. They can handle the upfront costs associated with closing, saving you money and time. They also have the expertise to navigate the legalities of the sale, ensuring a smooth and stress-free transaction for you.
Professional buyers like Core Real Estate Properties have a team of industry specialists who can handle the entire closing process for you at no additional cost. This can save you time, money, and hassle. They will also provide you with a transparent breakdown of their offer, so you know exactly how much cash you will receive at closing. With a professional buyer, there are no hidden fees or commissions, unlike when you work with a real estate agent. This can significantly increase the amount of money you walk away with from the sale of your land.
Commissions
Paying commissions is another reason you shouldn’t hire an agent when selling your land in Fort Myers. Most sellers consider not hiring an agent to save the commissions. While you may save the commission by listing on your own, you should be aware that, statistically, land stays on the market longer than residential listings and sells for a lower price when listed as an FSBO.
While listing the property yourself might seem like a way to save money upfront, it can quickly become a stressful and overwhelming experience. The process involves a lot more than just putting up a sign. There’s complex paperwork to deal with, including legal documents, title searches, and disclosures. You may also need to commission a land survey or environmental studies depending on the specifics of the property. These requirements can be time-consuming and require specialized knowledge to navigate. Even seemingly simple tasks like fielding questions from potential buyers and scheduling viewings can eat up a significant amount of time and energy.
Factoring in all these complexities, the commission charged by a real estate agent can start to look like a fair trade-off for their expertise and handling of the entire sale process. However, there’s an even better alternative: selling directly to professional land buyers in Fort Myers. Companies like Core Real Estate Properties specialize in buying land directly from sellers, and they do so without charging any commissions. This means you get the benefit of their experience and streamlined process, but without the associated costs of hiring a traditional agent. They’ll take care of everything for you, from paperwork to negotiations, allowing you to focus on what matters most – a fast, smooth, and hassle-free sale.
Are you ready to learn even more about why you should not hire an agent when selling your land in Fort Myers?
The professional buyers at Core Real Estate Properties will provide you with the details, showing you the expenses and how much you could profit if you hire an agent and list vs. our offer, which you will agree is fair. The professional buyers at Core Real Estate Properties work with a policy of total transparency because we want you to feel good about the deal long after closing. After all, the professional buyers at Core Real Estate Properties and their entire team are your neighbors who live and work alongside you here in Fort Myers. We take great pride in our work at Core Real Estate Properties; we are passionate about helping sellers find the best solutions to their problems. Talk to the professional buyers at Core Real Estate Properties today without any obligation and find out how we can help save you time and money while avoiding all the hassles of listing. Call Core Real Estate Properties at 239-360-3176.