How Do I Sell My North Carolina Land To A Developer? (Answers Below)
Owning land is a fairly easy process and it rarely takes a lot of mental or physical effort. When it comes time to sell though, that can be an entirely different story. Do you own a parcel of land and are thinking, “How do I sell my North Carolina land to a developer”? At Global Abundance LLC, we’re often asked that question so we put together this blog post to answer it for you…
First, what are developers looking for?
A residential or commercial developer wants to be able to build some type of structure on the land and sell it, so they’re probably looking for a piece of land that is close to infrastructure and services (like water, sewer, electric, and roads). It makes sense because they’ll need to connect these services to their development project and they’ll definitely need access to get to the development itself.
It’s okay if the land isn’t serviced but developers will likely want to know how far away the services are and whether those services are being actively worked on by the city.
Second, you may want to pass up working with a real estate agent
A good majority of real estate agents tend to work with residential homeowners who are usually looking to buy a home to live in. If you’re wondering “How do I sell my North Carolina land to a developer”… You may need to connect with someone who specializes in selling land to commercial businesses and single-family home developers. (Alternatively, you might consider getting in touch with us to buy your land from you – we’re not developers but we do actively purchase land).
Third, be mindful of zoning when thinking “How Do I Sell My North Carolina Land To A Developer?”
Developers will be looking to build, which may include potentially subdividing and doing additional work on the land. They’ll want to know how your property is zoned so they can anticipate the work required to build on the land. Of course, zoning can often be changed but zoning changes will just add to their timeline and workflow so it’s extremely helpful for developers to know up-front how the land is zoned.
Fourth, be aware of the path of new construction in the area
This one is harder for landowners to know but if you’re considering, how do I sell my land in North Carolina to a developer, this will be an important consideration that the developer is thinking about: If your land is not inside a city then a developer will probably want to know if the city is growing and moving in the direction of your land parcel. (Even if the city is not expanding toward your land, that’s okay but developers will still want to know). You don’t have to know this answer yourself but if you do, that will be helpful to developers.
Selling raw land can be challenging because it’s a very different kind of buyer depending on the location of the property. So if you’re motivated to sell and wondering, how do I sell my land to a developer, then these 4 options can help you achieve that goal.