Selling Your Land at Auction: What to Consider When Selling to A Developer

If you own development land or buildable lots, you may have an interest in learning how to sell your land to a developer. Marketing is key to the land selling process.

When marketing your land to developers, you need a professional who understands what they are looking for and how to present the property's most attractive qualities to encourage the developer to buy.

It's also important for the company marketing your property to understand the intricacies of municipal codes and approvals that are a necessary part of most development land transactions.

The professionals at Tranzon understand the due diligence involved in preparing development property for the sale process, as well as the key features that developers are looking for.

We make selling land at auction fast and easy with a tailored marketing strategy and professional advice every step of the way.

What to Consider When Selling Land

When selling properties like commercial buildings or homes, we would typically market the improved features of the property that would make it appealing to a buyer.

Vacant land, of course, has minimal to no improvements, meaning that the marketing of the plot should focus primarily on its potential.

The qualities that developers look for can vary significantly from that of homebuyers or even investors in developed land. They look at factors such as zoning, location, amenities like water and electricity, property taxes, and municipal regulations to decide if the land would make a good project for development.

For example, here are a few issues that are worth considering to determine if your land is suitable to sell for development:

• Zoning: This designation is one of the first variables developers will look at when purchasing land because it determines what they can do with it. Whether your property is commercial, residential, industrial, or any of various zoning subtypes, it is important to have a list of allowed uses when marketing it to sell.
• Municipal regulations: In the United States, most land has limitations set by local law, and the professional you hire to market your property should know what applies to your property. Issues like housing codes, historic preservation laws, and tree-cutting restrictions may all fall under this category.
• Environmental surveys: These surveys determine whether there are existing environmental conditions that will impact allowed uses for the site or perhaps steps that must be taken before development can begin. Having an environmental site assessment completed can be valuable to developers because it helps them understand potential challenges or reassures them that it is a clean property and not in violation of any environmental codes.
• Paperwork: There are a significant number of documents that are required for selling your land. The necessary documents may include a listing agreement, disclosure forms, a contract of sale, the deed for the property and a closing statement which outlines the allocation of all funds in a transaction. Your real estate professional and closing company will be able to help you with all of these.

The Benefits of Selling Land at Auction with Tranzon

Selling land is an intricate process. With Tranzon's experienced advisors, it becomes much simpler. Before selling your property, our expert team will help you sort out all the necessary documentation to ensure you have your bases covered and that the property is presented in the best way possible.

Once the details are in order, we cover the next critical step in the process of selling land by helping you find the right buyers. Using the Market-Making SystemTM, we tailor the selling process to your property and your buyers to draw the attention of all the right people. Using our auction process and detailed guidance, you can sell your land online with minimal effort.

Tranzon's experienced professionals and accelerated marketing process can attract qualified competitive bidders to your property and help you close on the sale of your property without contingencies, keeping the process simple and meeting your goals for a sale on your timeline.

Contact Tranzon for a Free Property Consultation

Tranzon makes selling your development land simple. With targeted solutions, we can sell your land quickly and get you the highest possible price.

Start by getting a free property consultation to determine the marketing needs and value of your property.

Take a look at our current auction listings to see some of the properties of other clients we're helping, and reach out to find out how we can help you sell land online.