Similar to how we have it outlined in our roadmap, it starts out with both of us agreeing upon a price and signing the contract. Feel free to run the contract by your attorney if it gives you more peace of mind. Once signed, we will send it off to the title company to get the ball rolling. They’ll make sure we are both who we say we are and conduct a title search on the property. If everything looks good, they will prepare the closing documents. After this, we’ll send them the funds and they will send the funds to you via cashier’s check or wire transfer. Then, they will send us the new property deed. Closing complete!

It’s important to understand that the land market is not as cut and dry as the housing market. It can be pretty easy to determine the market value of a house, but with land there are many factors that play into it. What other pieces of land are selling for in the area is the biggest, but also factors such as the presence of floodplains, wetlands, the topographic grade, if the property does(n’t) perk, what utilities are available, properties with power lines or oil/gas lines running through the middle, and physical and legal access to the property are all factors that can effect the value.

We understand that many people have never sold a piece of property, especially outside of using an agent to help guide you. We make the process extremely simple--most sellers have to do little more than provide the title company with relevant information and sign the required documents. We handle everything else. From our experience, title companies take about 30 days to get everything prepared for closing, however some properties require a longer due diligence period to close.

That’s a good question, which deserves a great answer. The biggest reason is because we use a third party (i.e. a title company) that deals with handling the money and deed transfer, so there is no funny business. If we don’t wire them the funds, they won’t send us the deed. The title company we use can even be of your choosing. Also, check out our reviews on Google to hear about other seller’s experiences working with us!

In general, land is illiquid and there can be a lot of inefficiencies when selling traditionally; we aim to eliminate that. You also have a buyer right here and now, if we agree on a price. Finding a brokerage and listing on the market can take quite some time, not to mention actually selling the property. This is especially true with raw land as you have a smaller buyer pool. My offers will be below market value, but the value you receive is simplicity. It’s quick and you won’t have to deal with real estate agent fees, which for land can be a 10% commission. Of course, you will also no longer have to deal with yearly taxes and up-keep expenses.

From our experience, all together it’s about $1,500. However, this is split between both the buyer and seller, and usually the buyer pays the larger portion. Usually, we cover all the closing costs, but there are exceptions.

Most properties are eventually resold to a future buyer, but some may be kept as a personal investment. We may partner with other land investors to purchase your property if needed.

We understand the sentimentality that lies within land, and therefore sensitivity toward your property and situation is a core value of ours. Depending on the property, we may decide to bring more improvements and restoration to the natural land, or we may just leave it in the same condition we bought it in.