Owning land is not a difficult task – there’s barely any effort involved. Nonetheless, it’s an entirely different story when it comes to selling said land.
Are You A Landowner?
Do you wonder, “How you should sell your Florida land to a developer“?
At Sunshine State Buyers, we hear this question a lot. So, we decided it would be a good idea to answer it for you in this short.
First, know what developers want
A developer will want to build on the property and sell it on. Therefore, their first and foremost priority will be looking for land that is based close to infrastructure and essential services such as water, sewer, power, and let’s not forget connected to an access road. After all, it’s understandable that any developer would want to connect their development to electricity, water, and so on. Plus, they’ll want people to be able to enter their lot!
If the land isn’t serviced, that’s okay. But developers will need to know how far away the services are and whether they are actively worked on by the city.
Second, bypass the real estate agent
Most real estate agents specialize in working with residential homeowners who want to purchase a home to live in with their partner or family. If you’re wondering: “How do I sell my land to a developer?” You will need to look for someone who focuses on selling land to commercial businesses.
Alternatively, you might consider getting in touch with us. We can buy your land from you – we’re not developers, but we actively purchase land and property. Click the link here to check out our website.
Third, be aware of zoning
Developers will want to know how your property is zoned. Since they’ll be building on the land, potentially subdividing and splitting the area up, knowing how the land is zoned is crucial to the developers and will help them anticipate the workload. Of course, you can alter the zoning. But, such changes take time and will only create more challenges to the schedule. Therefore, it’s best to be up-front and honest. Let the developers know how the land is zoned before selling your property.
Fourth, be aware of the path of new construction
As a landowner, you’re less likely to have heard about this point. But, if you’re wondering: “How do I sell my Florida land to a developer?” Then you should expand your knowledge on this matter. What we are referring to here depends on whether your land is situated outside of a city. If this is the case, a developer will want to know whether the city is growing towards your area. If it’s not, don’t fret! Developers simply prefer to have this information at hand when they consider what opportunities your land present. You don’t have to be aware of the answer yourself, but it’s a bonus if you do.
Selling raw land can be challenging because you’re not looking for a straightforward homebuyer. However, if you take on board our advice, you should find the process comes a little easier.