Selling Land

What to Expect When Selling Land

If you are considering selling your Wenatchee real estate or land you will need to meet with a listing agent to set up the contract. Here are some things to expect with that meeting.

1. Bring copies of documentation for your property.

A listing agent will need a copy of the deed of record, a plat map, current survey, timber cruises, mineral or hunting leases, tax records, septic system permits, and other assorted documents which provide information about your property. Other items that may be helpful are harvest records of wildlife and pictures of game taken or observed, enlarged aerial maps of the property, timber stand maps, documentation about historical structures or occurrences on the land.

2. Be prepared to show the property to the agent.

It is helpful if the owner who typically knows more about the land than anyone, can help the agent identify key areas of interest throughout the property, boundary lines, and information about the age of trees, etc. All of this allows the agent to have a better understanding of your Wenatchee property and will be able to present it well to prospective buyers.

3. Finalize the asking price and terms at which you are offering the land.

A good agent will generally not give you a hard listing price over the phone, but may suggest some ranges of what land in your area is selling for. You can decide in advance whether you want to offer owner financing, retain mineral rights, reserve an easement if needed, and other issues such as these. The agent will provide you with an Estimated Net Sheet to provide an estimate of the amount you will walk away with after the completion of the transaction.

4. Keys to outbuildings, homes, and gates should be given to the agent at this time.

You want to make sure your agent has all the necessary tools needed to show the property at a moments notice and keep it accessible.

5. Sign the listing agreement.

The listing agreement generally gives Windermere Wenatchee the exclusive right to sell and market your property. Your listing agent earns their money by marketing your property and bringing a buyer to suit your needs. The listing agreement gives the agent a reasonable expectation of being able to recoup the money he is going to invest in marketing your Wenatchee land. The listing contract on land will generally be 6 months to 1 year, as land takes a little longer on average to sell than residential property.

By preparing for the listing appointment and having helpful information ready for your agent, we will be able to provide you with better service and potentially a quicker, more successful sale of your Wenatchee Land.

ADDITIONAL REAL ESTATE RESOURCES: Packard and Associates is your source for all Lynnwood homes and Bothell real estate. We are experts in our field and can help buyers and sellers of Edmonds homes, Everett homes and all Snohomish county real estate. Regency Realty covers all of Fort Rucker and Enterprise AL real estate needs.