Despite enduring national stereotypes of the Midwest as a heartland factory state, Missouri continues to attract the attention of young families, seasoned professionals and entrepreneurs looking for land investment opportunities. Its high-profile schools and top entertainment venues, as well as its legendary American companies like Anheuser-Busch, H&R Block and O’Reilly Auto Parts, draw visitors and local residents alike. The Show-Me State’s abundance of exceptional land plots — farms, forests, lakes and recreational sites — also entices prospective buyers.
But the land-selling process can be complicated, especially when sellers opt to go the DIY route without a real estate agent’s representation. To sell a parcel quickly and at the best possible price, it’s essential to know how to prepare the property for market, set an accurate asking price and negotiate effectively.
Preparing a property for sale involves assembling relevant documents, conducting a title search and surveying the land to mark property boundaries with stakes. A thorough title report can reveal any potential liens or encumbrances that may prevent closing. Likewise, a professional survey can help ensure that the land is measured accurately and free of any issues like encroachments or easements. Lastly, a seller should familiarize themselves with local zoning laws and regulations, and be prepared to run soil tests, conduct environmental inspections and adhere to septic and water requirements.
A reputable and experienced pros and cons of selling to a Missouri land company can streamline the sale process and maximize proceeds by bringing the right buyers to the table. These firms have dedicated resources that can devote full time and effort to valuation, risk assessment, contract generation and payment processing, as well as an extensive network of local connections and familiarity with county zoning administrators.
Another advantage of working with a Missouri land company is the ability to close on a deal within a relatively short period. The typical real estate transaction can take several months to complete due to the lengthy marketing and showing process, the need for a buyer’s financing and the various paperwork involved. Conversely, a cash-ready buyer is usually ready to make a purchase immediately and can often close on a deal in just a few weeks.
A final perk of selling to a Missouri land company is the as-is sales model. While this option isn’t for everyone, it can be a convenient and hassle-free way to sell a property. This type of transaction can help reduce the upfront costs associated with preparing and listing a property, as well as save the seller money on commissions. In addition, it can eliminate the need for costly reconditioning and repairs to make the property sellable. In this article, we’ll examine the pros and cons of selling to a Missouri land company so you can determine if it is the right choice for your situation. Ultimately, it all comes down to your unique goals and needs. To learn more about the advantages of selling to a Missouri land company, contact us today! We’re happy to answer any questions you have.