For many landowners, selling a farm may be an overwhelming chore, especially if the farm was inherited. Before you sell your farm, there are tasks that should be completed. Here, I give four of my best tips for what a seller should do before they sell their farm:
Price it right
To make a fast sale on your property, price the farm no more than 5 – 10 percent over market price. It’ll give the potential buyer a sense of urgency to act, and the buyer will arrive at the table quickly since they know the property is going to sell swiftly.
Make your farm presentable before you sell land
The biggest tip to give a landowner while getting ready to sell their land, outside of pricing it properly, includes getting the property as “market ready” as you can. That means having it appear its best before it heads to the market. You should mow up the trails and roads and overgrown areas that normally would be mowed, repairing gates which aren’t hanging straight or laying over, as well as organizing old junk that might be laying around—just make the property offer great “curb appeal.” It really helps farms sell if they “show well.” Imagine it like you were the buyer: when the property looks great, it is more attractive to potential buyers. See more to find out land for sale.
Think about dividing your property
Think about selling several tracts that drive a higher price. Keep in mind that it might extend the overall period it takes to sell everything.
Obtain a survey
When buying or selling a farm, it is a good idea to get the property surveyed. Not only will it make potential buyers more at ease by visually viewing the property lines, it also can promote a great relationship with neighbors when all participants understand their boundaries.
How can Tillable.com speed up the process of selling?
Skip the concern of listing your land on your own or collecting a lot of details for a broker. Tillable can handle all of the grunt work for you.
Tillable hastens the process of selling by providing a digital platform to connect buyers with sellers, which includes these easy steps:
- Request the listing: Put in your contact details and let Tillable know information about your land. Within 24 hours, they’ll get back in touch with you.
- The land assessed: The team at Tillable uses existing land sale information and works with professionals in your locality to establish a competitive price.
- The listing advertised: They’ll market your listing to every potential buyer in your region, as well as to land investors around the country.
- Sign and rest easy: Tillable will deal with the sale from start to finish. All you have to do is collect the payment and celebrate.
If you’re considering selling your farm, conduct your research. Collect all of the details you have on your property and have it prepared for the appraisers, buyer, and listing agent. It’ll make everything faster and easier for everyone involved, if you know precisely what you’re selling.