If you own vacant land in New Jersey and you’re looking to sell it, you’ve come to the right place. Selling land can be a daunting task, especially if you’re on a tight budget. Fortunately, there is a little-known trick that allows you to sell land online for free in NJ. In this blog post, we’ll explore this trick in detail and show you how you can successfully sell your land without spending a dime on advertising or listing fees. So, if you’re ready to learn how to sell land online for free in NJ, keep reading!
Here’s How Most People Sell Land
When most people think of selling real estate – whether it’s a house or vacant land or any other type of real estate – they tend to think of selling through an agent.
This is technically a “listing process” where you, as the seller, contract a real estate agent to list your property on the open market. The agent will list your property on a site like the MLS, and they’ll advertise your site to attract buyers. Then they’ll show your site to prospective buyers and negotiate on your behalf with buyers who are interested in buying. They’ll take care of the paperwork for you.
In theory, this process is supposed to get you the highest possible price (“market price”) for your real estate… although in truth this is not always the case. Because it comes with significant drawbacks. Firstly, the cost can be substantial. Once the land deal goes through, you have to pay the real estate agent a commission for all their work… and that commission is often thousands of dollars… or more. Real estate agents typically charge a commission of around 5-6% of the final sale price. For a property worth $100,000, that’s $5,000 to $6,000 in commissions alone. That’s a lot of money that could have been in YOUR pocket.
Secondly, the process can be lengthy. It can take weeks or even months to find a buyer, especially for vacant land which may have a more limited market compared to houses. During this time, you’ll need to continue paying property taxes, maintenance costs, and any mortgage payments if you have a loan on the property.
Additionally, the outcome is not always guaranteed. Even after investing time and money into the listing process, there’s no guarantee that your property will sell at the desired price, or even sell at all. So it’s not surprising that vacant land owners who want to sell their land are looking for an alternative and are searching for ways to sell land online for free. That’s how we help at Beacon Realty Investments. Click here to get in touch with us and see how we can help you sell land online for free in NJ.
Here’s how to sell land online for free in NJ
Instead of working with an agent who is busy trying to juggle multiple house sales for many different clients (and might have a hard time finding buyers of raw land), you can take matters into your own hands!
One option is an entirely do-it-yourself option where you take some pictures of your land, post them online, and try to find a buyer yourself. You can go to sites like Facebook and Twitter, or even start your own free website, to try and get a land buyer.
However, the fastest, simplest, and most straightforward approach is to work directly with a company that specializes in buying raw land from sellers, like what we do at Beacon Realty Investments. These kinds of companies are buyers, not agents, so you end up skipping the time-consuming and costly approach of working with an agent and instead, you just connect with a buyer who is ready to buy your land right away. And this is still a “sell land online for free” approach because you can probably do most of your due diligence online before you reach out and contact them.