The one thing about buying a plot of land is that it will rarely lose value. In fact, you can normally expect it to continue to grow in value the longer you hold onto it. However, if you have owned a piece of land for a while and it has been unused, it might not make sense for you to hang on to it any longer. Maybe you are moving out of state, don’t have the time to check it regularly for squatters, or are ready to reap the rewards of your investment and use the money for other things. Whatever your reasons might be for selling land in Volusia County, Palmetto Realty has three reasons why you should list your unused land with us.
Reason #1: It’s a Sellers’ Market with Limited Inventory
With recent events, the real estate market has exploded, everywhere, including Volusia County. And the good news is that because it is now a sellers’ market, the odds are in your favor that you will get the full value, if not more, for your property. Why? Land is a commodity. There is only so much of it to go around. As the inventory of land available continues to deplete, most properties continue to increase in value.
The other thing to consider is that people are fleeing crowded cities in search of greener pastures. You cannot get much greener than Florida and Volusia County. But what they are finding in their quest to escape city life is only a limited number of homes available for sale and the ones available are not quite what they are looking for. So, these buyers are more apt to look for property to buy to have their dream homes built on. If you have considered selling land, now may be the best time to list it with Palmetto Realty.
Reason #2: Frees Your Capital for Other Things
Often, people buy land because it is an investment that rarely loses its value and is an effective way to diversify your assets. But after a while, owning vacant or undeveloped land may not fit your lifestyle or investment portfolio. You want to change your investment strategy to meet your more current financial goals. Selling your unused land now can free up your capital for other things you want to do now.
Depending on how much your land is developed, it may typically require very little maintenance. You have reached a point in your life where you do not want to have that responsibility or pay someone to handle it for you anymore to avoid running afoul of local code restrictions. Selling land that is undeveloped puts you at an advantage because the buyer can turn it into what they want, provided it is within local zoning guidelines. Palmetto Realty knows Volusia County and can direct the right buyers to your property.
Reason #3: Palmetto Does All the Work for You
Nowadays, there are many people who try to go the route of “For Sale by Owner” and then learn the hard way that they should have hired a realtor. Yes, selling land is generally easier than selling a home, but it still requires some level of expertise to avoid legal issues and to ensure the seller gets the real value of the land. It also takes a lot of work to sell a piece of land. It is not as simple as putting up a for-sale sign on the property or making a listing online.
Selling land in Volusia County with Palmetto Realty means we do all the work for you. Our agents have the expertise to get the job done without the hassle you would experience trying to do it on your own. Here’s why you should list your unused land with us:
We Help You Avoid Mistakes In Selling Your Land
Selling land in Florida is a little more complicated than selling it in other states. Your land could be in a wetlands area or have conservation concerns that limit how it can be used. Another common issue is whether that land has separate mineral or surface rights that could further complicate the selling process.
We Do the Grunt Work Involved with Selling Land
Selling real estate is a time-consuming process and involves marketing expertise. Our agents are skilled in marketing land and know what it takes to target the right audience for your property by:
- Helping you set the right price for your land based on market comparisons and demand in your area
- Placing signs to advertise your land is for sale
- Listing your property on the local MLS
- Putting your listing on the major real estate websites, such as Redfin and Zillow
- Obtaining professional photos or drone videos of your property
- Fielding calls from interested buyers and takes them on tours of your property
By having Palmetto Realty sell your land, you are saving both time and money that you would have to pay out-of-pocket for marketing expenses.
Are you looking to sell land in Volusia County? Then it is time to see why others have put their trust in the real estate agents at Palmetto Realty. Give us a call at (386) 200-1860 to get started today!