If you own land in Chicago, Illinois, and you’re wondering “how do I sell my land myself in Chicago”, fortunately, you have a couple of choices. In this blog post, you’ll read about what some of those choices are, and how to know which route is best for you to take.
Here’s The Most Common Way To Sell Your Land In Chicago…
The most common choice that land sellers have is to sell through a real estate agent. Agents will list your property and find buyers for it, and then negotiate on your behalf and help you with the paperwork.
Problem is, many landowners discover that there aren’t a lot of land buyers, and few real estate agents in Chicago are true “experts” in buying and selling land. As well, if an agent is able to find a buyer, you will have to pay commissions to the agent, which can get quite expensive.
Another choice is for sellers to sell the land themselves. You do the same work as the agent and are able to save the commission that you’d have to pay the agent, ultimately pocketing a little more cash than if you sold your parcel of land the traditional way.
But many of the same problems exist here, too: Land sellers who choose to sell their land themselves soon find that there really aren’t a lot of vacant land buyers out there. The average person just doesn’t buy vacant land.
Here’s Another Option You Might Not Know About…
Here’s the third option – and the option that most people aren’t even aware of. Instead of listing your property (either through an agent or on your own) you can simply sell your land parcel directly to a land-buying company (like what we do here at Global Abundance LLC). Selling this way allows you to quickly dispose of your land, put money in your pocket, and still avoid paying commissions that you’d normally have to pay to an agent.
Sellers view this third option as a superior strategy because of the following reasons:
- It’s faster – a land buying company that buys land directly from a seller can know right away if the land is right for them, and a good land company can usually get the funding right away. There’s no listing and there’s no showing the land to many prospective buyers.
- It costs less – an agent will charge commissions but most land buying companies won’t charge anything.
- It’s far less work – listing your property can be a lot of work, even if an agent does it. But selling your vacant land directly to a land-buying company can give you a rapid close so you can walk away from the land when you want to.
Looking for more answers to how do I sell my land myself in Chicago, Illinois? Look no further than a land buying company. Although few sellers are even aware that this option exists, they’re pleasantly surprised at how quick and easy it is to sell their land when they learn about it.