From the video:
Do you feel stuck with a property you no longer want in Gulf Cove? Learn how to sell your land without any costs in our latest post!
When you own land you don’t want, the last thing you want to do is spend more money attempting to sell it. Below, we will outline the costs you can expect with a traditional listing and what you can do to avoid them.
Costs Of An Average Listing
Many landowners aren’t aware of all of the costs they will incur when listing their land with a Gulf Cove real estate agent. You don’t just call an agent, take a few pictures, and wait for the offers to roll in. A successful listing of your lot in Gulf Cove will likely take a good amount of time and money.
It still doesn’t provide any guaranteed quick sale – you can see in the image below that the time on Zillow is 238 days! You don’t want to be waiting that long! If you don’t get a quick sale, you’ll be bound to an agreement and even if you would find some direct buyer yourself you would still have to either wait until the realtor agreement would expire or pay commission to the realtor for doing nothing.
Marketing Costs
Marketing land costs money. While a real estate agent in Gulf Cove will get your lot on the MLS, they may not advertise on other sites or invest in premium listings for your property. As the seller, you may find that you end up paying these costs along with the costs of professional photography, staging, and professional clearing of bushes and debris to ensure the lot is photo-ready. If you list with an agent, make sure you understand what is included (and what isn’t!) in their services.
Holding Costs
Owning land can be expensive. When you factor in the property taxes, just owning the land is costing you money. Selling your land quickly will save you thousands compared to selling your land months down the road. According to Tax-Rates.org, about 0.96% of property value on average goes into taxes.
If you’re holding a Gulf Cove property worth $30,000, you’re looking at approximately $1,500 of taxes every year! That’s a lot of money! If you’re not 100% sure you’re going to keep that property, you can sell it and put that $1,500 annual cost back into your own pocket.
Agent Costs
If you choose to hire an agent in Gulf Cove, you’ll need to know about any costs you can expect for their services.
Per the National Association of Realtors, there was an 8% increase (16,000 agents!) in real estate agents in Florida from 2021 to 2022. That is a ton of new people entering the workforce, who don’t have the expertise and skill required to help you, and make YOU the top priority.
A standard agent commission will be somewhere around 6-10% for land (regardless of their experience or lack thereof). You’ll want someone who is full service so you don’t find yourself on the hook for things like administrative fees.
Once you total up all of these expenses, you may find that a fast, fair, and direct sale of your land to Buy Your Land for Cash, is the best way for you to sell. Get an offer and run the numbers for yourself, there is never any obligation!
Ways You Can Avoid Selling Costs
Sell Your Land Directly
The easiest way to sell your land without any cost in Gulf Cove, is by selling it directly to Buy Your Land for Cash. We will offer you a fair price, free of the costs, hassles, and wasted time of a traditional listing. You won’t have to spend a dime on any of the things listed above.
List Your Land “As-Is”
Choose to list it as-is. Even if there are taxes owed on a property, it doesn’t matter for Buy Your Land for Cash. We can assume your taxes and buy your land as-is.
Contact Buy Your Land for Cash today to learn more about how you can sell your land without any costs in Gulf Cove! (313) 307-6737
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