Thinking Of Selling Your Land In Florida Yourself Or Going With A Limited Service Agent?
Even in today’s market like Florida, it’s smart to look at your options and see what will actually help you best reach your goals with the sale of your Florida land. It’s important to know your options when selling a piece of land. Dive in and learn the differences when you hire Best Land Agent, a cut-rate limited service agent, sell yourself, or an iBuyer.
Time to Sell
Selling with Us
Less than the local average Days On Market. Our goal is to get you not only the best sales price but also get you to the closing table as quickly as possible. This is possible because of our in-house marketing team working for you.
Discount Realtor
Depends on the level of package selected and the experience of the assigned agent.
FSBO
Depends on your ability and the time you have to negotiate.
iBuyer
Can be fast but at a heavily discounted price.
Typical Sales Price
Selling with Us
Our ultimate goal is to get the Listing Price or more. Our team is fully trained to negotiate for you. Not only do we want to get the best price but also the best possible terms.
Discount Realtor
Depends on the experience of the assigned agent; most discount Realtors are new to the industry so negotiation experience could be limited.
FSBO
On average, land sells for 26% LESS than Agent-assisted home sales.
iBuyer
Typically below market value.
Marketing
Selling with Us
We go beyond just putting your property on the MLS (Multiple Listing Service). We bring maximum exposure to your property with our in-house digital marketing experts. You pay $0.
Discount Realtor
Limited
FSBO
Depends on your ability to market. At the end of the day, to get the best, most qualified buyer you have to bring as much visibility to the property as possible. This can get expensive, time-consuming, and overwhelming. And it becomes your expense out of pocket before selling the property.
iBuyer
No marketing; you’re selling directly to them.
Work done by THEM
Selling with Us
Working with options other than a fully trained staff of experienced and dedicated agents can be risky. Going with “cheaper” options can cost you more money at the end of the day. Our goal is to do it right the first time. You have the best local real estate team behind you.
Discount Realtor
Less hands-on service and support throughout your sale.
FSBO
None
iBuyer
None
Work done by YOU
Selling with Us
None
Discount Realtor
Varies. Discount realtors/brokers offer many different packages. The less expensive they are, the more you have to take on.
FSBO
100%. You’re responsible for all the work from start to finish.
iBuyer
None
Commissions/Fees
Selling with Us
No Fees. You only pay a commission when we sell your land.
Discount Realtor
Flat fee or 2%
FSBO
Most people want to sell their property FSBO to avoid fees and commissions.
iBuyer
Typically 5%
Legal Advice
Selling with Us
As licensed real estate agents, we’re held to a high standard to know the legal ins and outs of a land sale. A land sale is a legal transaction so have the best backing you up. We handle this 100% for you.
Discount Realtor
Typically handled by the assigned realtor.
FSBO
You’re responsible for the entire process and making sure everything is done legally including making sure title work is done, all taxes are paid by each party, etc. Consult with an experienced closing attorney or title company to make sure nothing is left undone.
iBuyer
None since you’re selling directly to the iBuyer.
Closing Costs
Selling with Us
Typically 3%
Discount Realtor
Typically 3%
FSBO
Typically 3%
iBuyer
Typically 1%
Time to Close
Selling with Us
We push for the fastest closing and terms.
Discount Realtor
Typically dependent on the negotiation experience of the assigned agent.
FSBO
For Sale By Owner transactions can be faster – but only if the buyer and owner already know each other.
iBuyer
7 days to 60 days
At the end of the day, we always advise our clients to put a value on the time and energy that it will take to sell land in Florida themselves. If it takes you 30 hours of your time (at minimum) and you value your time, that alone is thousands of dollars in real value, not to mention the lost time. Add up the research showing how a full-service agent who is experienced in local real estate can help sell your land on average 20 days faster and for 13% more, and that’s why 89% of land sellers work with a local real estate broker like Best Land Agent to help you sell your land.
Ready to get started? Fill out the form below, give us a call at (813) 540-4841, or connect with us on our Contact Page.
Less Hassle, More In Your Pocket, Peace Of Mind…
When selling your Florida land make your decision on what’s right for you based on these 3 important factors.
- The true costs: Often people look at the commissions for an agent as a necessary evil to sell your land. But, when you partner with the right Florida real estate agent, that agent is the expert in your corner to protect your best interests. If a property takes longer to sell, a buyer backs out, you misstep because of a mistake in the contract that could cost you money, paying buyers agent commissions… all of those things add up to the true cost of selling your land.
- Your time commitment: Do you want to be (and have the time to be) heavily involved in all aspects of selling the land? From marketing to taking calls from buyers to showing the land, putting signs outside, setting up the escrow, and more? All so you can save 2 or 3% on the sale. Just calculate what your time and energy are worth and where you should best focus your time. If you’d rather not hassle with the details of your land sale, work with a trusted agent like Best Land Agent.
- The “experience factor”: There are hangups that can throw your closing off or cost you thousands. We help you avoid those and we deal with them for you.
Ready To Get The Process Started With Best Land Agent? Give Us A Call At (813) 540-4841 Or Get A FREE Land Valuation Report!
Sources:
* 2014 Profile of Home Buyers and Sellers, National Association of REALTORS®)
** Both the Northwestern and the Stanford studies mentioned in the Money section confirm just that: “The use of a broker does lead to an accelerated sale. In that respect, brokers appear to add value,” the Stanford researchers declared. The Northwestern study found that it takes on average 20 days longer to sell a house on a FSBO site versus the MLS or an agent.