Selling your Vacant Land--BEWARE OF END USERS (people who think they can build their own home with no experience) that make offers on your property but have no idea what they are getting into. They tend to make offers more than it is worth then you think that is the value, the n someone with experience make an offer and you think it is not enough. Your agent should do some research on the buyer to find out if they seem capable of following through with the deal.
2 Comments on Selling your Vacant Land--BEWARE OF END USERS.
SEP
20
2008
Tom, Qualifying an offer (and the buyer) is always a duty of the listing agent. The seller should expect to be able to depend on advice frpm his agent. An owner-builder might very well be able to pay a little more for the land because of the expected profit in building. Evaluating that buyer's chance of getting financing is critical. If another offer comes in from a qualified developer maybe the certainity of financibility might be worth a little less.
I will be be talking about the land and single family home market in upper Westchester and Putnam County. Also my Land Sales. And Real Estate in Yorktown Heights
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
;)
;)
Tom, Qualifying an offer (and the buyer) is always a duty of the listing agent. The seller should expect to be able to depend on advice frpm his agent. An owner-builder might very well be able to pay a little more for the land because of the expected profit in building. Evaluating that buyer's chance of getting financing is critical. If another offer comes in from a qualified developer maybe the certainity of financibility might be worth a little less.
Bill Roberts