Selling Land Properties in Texas

Selling Land Properties in Texas

Selling Land Properties in Texas

Selling Land Real Estate

Selling a land property in Texas involves several steps. It's best to work with a Texas brokerage that specializes in selling Texas land properties, such as Longhorn Realty. Also read our blog on: Tips for getting your Ranch or Land ready to Sell

Sell With A Land Realtor

Prepare Your PropertyJust like with any property sale, preparation is key. You need to make sure the land is presentable and has good access. This might involve clearing any debris, ensuring boundary lines are clearly marked, and addressing any issues that might make the land less appealing to potential buyers.

Determine the Market ValueDetermining the right price for your land is crucial. Factors such as location, size, terrain, access to utilities, floodplains, and potential uses all influence the value of the land. You may want to enlist the help of a real estate agent or appraiser who specializes in land sales to help you set a competitive price.

Choose a Land Real Estate Agent or Broker: Working with a real estate agent or broker that specialize in Texas land properties will streamline the process to sell and increase your chances of finding a land buyer.

List Your Property: At Longhorn Realty we will list your property on up to three Multiple Listing Service (MLS) platforms and other relevant paid land websites to attract potential buyers. We ensure that your listing details about the land, such as size, exemptions, restrictions, utilities, and any other pertinent information.

Market Your Property: In addition to listing your land online, our Land Realtors will employ various land specific marketing strategies to reach potential land buyers, such as signage, advertisements, email blasts, social media and networking within the land and ranch real estate community.

Negotiate Offers: When Longhorn Realty receives offers from interested buyers, our land agents will help you negotiate the terms of the sale, including the purchase price, terms, contingencies, and closing date.

Accept an Offer: Once you've agreed on terms with a buyer, you'll formally accept their offer in writing.

Open Escrow: Escrow is a neutral third party that holds funds and documents during the real estate transaction. Your agent or escrow officer will open an escrow account to facilitate the sale.

Due Diligence Period: The buyer will typically have a due diligence period to conduct inspections, and other assessments of the property. During this time, they may negotiate repairs or request concessions based on their findings.

Closing: Once all contingencies have been satisfied and financing is in place, you'll proceed to the closing. At closing, the buyer will finalize their financing, and both parties will sign the necessary paperwork to transfer ownership of the property.

Transfer of Ownership: After closing, ownership of the land will officially transfer from you to the buyer, and you'll receive the proceeds for the sale.

Throughout the land selling process, it's important to stay informed about market conditions, be responsive to inquiries from potential buyers. Selling land can be a complex process, but not when using a land sales professional thats managing the process. Be sure to contact Longhorn Realty when you are in the market to sell your Texas land. It's what we do best!

Contact a Texas Land Realtor

BUY and SELL with Longhorn Realty LLC!

Selling Real Estate with a Texas Land RealtorSellers Checklist for Selling a Texas Ranch

Contact us about Selling Texas Land Properties

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