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The Regret I Hear Most From Landowners Who Waited

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Real Estate Agent with Coldwell Banker Realty/Coldwell Banker Commercial NRT 30SA0872839 

The Regret I Hear Most From Landowners Who Waited

After years of working with vacant land owners in Putnam County, I can tell you something quietly consistent.

The regret is almost never:

“I sold too soon.”

It’s usually:

“I wish I had done it when the market was stronger.”

Or even more common:

“I didn’t realize things had changed.”


Waiting Feels Safe

Holding land feels harmless.

There’s no tenant to manage.
No leaking roof.
No daily stress.

So owners wait.

For better pricing.
For more clarity.
For “next year.”

But land doesn’t sit still just because it looks the same.


What Changes While You Wait

  • Building costs rise.

  • Interest rates shift.

  • Septic standards evolve.

  • Zoning interpretations tighten.

  • Buyer profiles change.

None of these feel dramatic in the moment.

But together, they quietly reshape what buyers are willing to pay.


The Hardest Conversations I Have

They usually sound like this:

“We had more interest a couple of years ago.”

“We turned down an offer that looks good now.”

“We thought it would only go up.”

And sometimes it does.

But land appreciation isn’t automatic. It’s tied to development feasibility and buyer momentum.

When momentum fades, pricing follows.


The Myth of “It’s Not Costing Me Anything”

Even if you own it free and clear, waiting costs:

  • Property taxes

  • Opportunity cost

  • Shifting regulations

  • Reduced buyer urgency

The market doesn’t punish quickly.

It just slowly narrows your leverage.


The Owners Who Don’t Regret Their Timing

They made a decision while:

  • Buyers were active

  • Approvals were manageable

  • Comparable lots were moving

They didn’t guess the peak.

They recognized strength.


This Isn’t About Pressure

It’s about awareness.

If you own vacant land in Putnam County and you’re holding it because “there’s no rush,” that may be completely fine.

But you should know where you stand today—not where you stood two years ago.

Because the most common regret I hear isn’t about selling.

It’s about waiting until the window had already shifted.

If you’d like a straight conversation about where your land sits in today’s market, I’m happy to walk it with you.

No hype. Just clarity.


Thomas Santore
Vacant Land Specialist | Putnam County, NY

The Regret I Hear Most From Landowners Who Waited

 

 

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By Thomas Santore

Local Market Report
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Comments(3)

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Gwen Fowler SC Lakes & Mountains 864-710-4518
Gwen Fowler Real Estate, Inc - Walhalla, SC
Gwen Fowler Real Estate, Inc.

This is an honest perspective that many landowners eventually discover. Vacant land can appear unchanged for years, but the market around it rarely stands still. Costs, regulations, financing, and buyer demand all shift quietly over time. Understanding current conditions helps owners make decisions based on today’s reality rather than yesterday’s expectations.

Mar 05, 2026 06:11 AM
Thomas Santore Lic Associate Real Estate Broker

Yes thank you,

Tom S

Mar 05, 2026 06:14 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Thursday morning, Thomas. Deferred decisions often lead to lost opportunities.

Mar 05, 2026 06:20 AM
Thomas Santore Lic Associate Real Estate Broker

Yes thank you,

Tom S

Mar 05, 2026 06:31 AM
Marie-Noelle Metseye
RE/MAX Northwest - Bothell, WA
Reward Trust with Excellence
 

Such an important perspective. Timing isn’t about chasing the peak, it’s about recognizing when market conditions are working in your favor. Many landowners assume holding is neutral, but market shifts quietly change buyer behavior and feasibility over time.

 
 
Mar 05, 2026 06:43 AM
Thomas Santore Lic Associate Real Estate Broker

Thank you,

Tom S

Mar 05, 2026 06:47 AM