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Tips For Selling Land Out of State

On May 15, 2019 /

Selling Your Land Out of State

Sell land, Sell land online, Sell land by owner

Your quest for selling land doesn’t have to stop at the state line. If you’re living in one state, and want to sell land in another state, here are some tips to get started.

Nearby States

What other states border yours? If you’re going to make a sales pitch for your property, consider branching out to neighboring states.

Travel between states is quite common, especially for those who live near state lines. Chances are good that buyers in these states will have at least a passing knowledge of the region where your property is located. No, they don’t live in your state, but it’s hardly foreign territory to them, either.

When people begin searching for new jobs, they often apply in nearby states. Everybody needs a fresh start and a change of scenery sometimes. That’s good news for you, and for your property. If these people get hired, they’ve got to live somewhere, right? Why not on your land?

If your property is vacant or undeveloped, don’t be too hasty to write it off. It doesn’t matter if it’s rural or in a densely populated city. Some urban dwellers want to escape big cities, while others want to move to the city. You can make a sale either way.

Finding Land Buyers Remotely

It’s not hard to find people or companies willing to purchase your out-of-state property. There are even land companies that will take care of all the legal details, so you don’t have to.

If you want to sell to individuals, or perhaps to a small land firm, you can find plenty of those online, too. There’s a ready-made audience for land, including land investors who scour classified ads daily, both in newspapers and online, in search of properties to add to their portfolios.

There are many online auction venues for land, of which eBay is the most widely known. There are also sites specializing in various types of land, such as vacant lots, farmland and even islands. A simple search will turn up land sites galore.

You can list on sites like Craigslist, which doesn’t charge selling fees. Try listing your property in neighboring states. If that doesn’t work, then spread out to other areas. Be patient. You might not get a response right away, but keep the listing active, and relist from time to time, so your land goes back to the top of the page.

Cities offer a larger pool of potential buyers, so advertise your land in the biggest nearby city. If you don’t get a response from anyone there after a few weeks, list in another city. Keep those listings rolling.

Do Your Research

Different states have different nuances in their real estate laws, but generally, selling to buyers outside of your state isn’t difficult, especially if you’re working with a professional land buyer company. Look for one that will take care of the basics for you, such as filing documents with the appropriate county offices.

If you’re attempting to sell land on your own, it obviously pays to know what you’re doing. Make sure you understand what it takes to transfer the property to your buyer. Fortunately, some of this information is available online, but it can still be a bit tricky, particularly for beginners. You may have to get papers notarized, deal with filing fees and handle a lot of other details.

As usual, the easiest way of doing anything is to let someone else do it for you, so it’s worthwhile to find a buyer who will handle the documents for you, including absorbing all of the document fees as part of their purchase agreement.

Take a Road Trip

Go to other states whenever possible. Make (or hire someone on Fiverr.com to make) a small flyer with details about your land to leave at bulletin boards and other public places. Don’t forget to make a digital version to post online, too. Just remember your offline market. Attend land auctions. Meet people. Who says marketing can’t be fun?

If you’re a member of a club, lodge, charitable organization, religious denomination or anything else with a regional or nationwide presence, do some networking. Mention that you’ve got land for sale. Leave calling cards.

Regardless of how you go about selling your land — with a land company, real estate agent, classified ads, online auctions or good old-fashioned networking — don’t overlook your out-of-state buyers. A buyer is a buyer, regardless of geographical location.