Whether you’re an investor with an eye on future land development, a relocating buyer seeking to build a second home or a family searching for a rural retreat in the Arizona mountains, paying cash for land offers benefits not available through conventional financing. Aside from lowering out-of-pocket purchase costs, the absence of mortgage and loan paperwork makes closing a land deal much easier and more efficient. Moreover, a fast-moving transaction can be a big relief when time is of the essence, as it cuts out appraisal and banker red tape that often derail deals.
With a geographic diversity that ranges from the red rocks of Sedona to the pine forests of Flagstaff, the state of Arizona boasts ample opportunities for investors and developers seeking to expand their real estate portfolios. In a competitive market, buyers with strong all-cash offers are more likely to close quickly. This guide examines 10 key tactics for accelerating land sales from widening online visibility to exploring direct sales avenues that simplify transactions for ready purchasers.
The most basic, yet vital, tactic to sell land fast in Arizona is setting the right price. Overpricing a parcel can keep it on the market for years. Make sure to take into account terrain factors, zoning limitations, recent land sales in the area and development costs when pricing your property.
Reaching a wider audience with an effective marketing campaign is also crucial. A quality land broker is a valuable asset in promoting your property to the right demographics. Target associated investor groups, as well as active second-home and retirement community buyers in your area.
Achieving a successful sale of your Land Boss: Fast Cash for Arizona Property is much easier when you know who your buyer base is and what they are looking for in their next land acquisition. A reputable, knowledgeable agent can help you pinpoint the ideal buyers for your property and streamline the entire process from start to finish.
For sellers in a rush to liquidate their property, selling directly to an established land buying company that pays cash for property can be the most efficient way to go. These companies can provide initial quotes for your parcel based on basic information and within days offer a contract with a clear and specific close of escrow date. Cash sales also eliminate the need for showings, appraisals and buyer contingencies that can delay or even derail a transaction.