Do you need to sell your land in Chicago? Finding the right buyer isn’t always as easy as selling a Chicago house. If you need to sell your land fast in Chicago, we can help you learn about the many ways you can sell!
It’s no secret that there is a smaller market for land than there is for residential properties. Finding a buyer for your land isn’t always as easy as finding a buyer for your home. Below, we offer landowners 4 easy ways to sell land in Chicago! Reach out to us at any time if you have questions about your land or the selling process!
Method #1: Work With A Developer
Depending on where you live, there are likely developers who want to build in your area. Take a look at who is buying and what they are paying. If the prices seem fair to you, reach out to the developer directly, letting them know your land is available and what you are willing to accept for the property. Doing so can eliminate the use of an agent, saving everyone time and money. Taking a direct approach puts the ball in your court, setting the tone for any negotiations that may take place.
Method #2: Sell Directly To An Investor
Working with the right investor such as Chicago Home Buyers will ensure you are getting a fair price for your land. An investor will know how to facilitate the deal and make the process run efficiently and smoothly. When you work with our team, we can provide you with data on your property, recent sales, and a no-obligation offer. You won’t have to worry about haggling or negotiations. Our offers are always fair. Before committing to a selling method for your land in Chicago, find out what we can offer. You might be surprised at what we are able to do for you!
Method #3: Talk To The Neighbors
If you own a lot that is surrounded by other neighbors and houses, one of them might be your best potential buyer. Homeowners will love the idea of a bigger yard, room for their toys, or an addition to their house. Before hiring an agent to help you, reach out to those who live nearby. Let them know your lot is available and what you will accept. If nobody bites, you can move on to a different option outlined here.
Method #4: Highlight The Potential
If you opt to market the property in the effort to find a buyer, you’ll want to showcase the property as more than just a piece of land. You will want to paint a picture in potential buyer’s heads. Help them envision what can be done with the land. The potential of the property at it’s highest and best use. You can have professional renderings done, giving your potential buyers a glimpse at what is possible. Don’t get carried away marketing your land, the costs can often negate any profits you’ll receive by selling on your own vs. to a developer or investor.
If you choose a traditional sale for your land in Chicago, you should be prepared to wait. Of course, a buyer can come along at any second, however, you are likely to be waiting for a while to find the right one.
Selling your land directly can be the most cost-effective way to go. A fast sale, free of marketing costs, agent commissions, and continued property taxes can ultimately be the most lucrative way to sell. Our team can help you sell your land in Chicago fast by providing you with a direct offer, free of any waiting or red-tape.