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How To Sell Land In Florida Without A Realtor-Step By Step Guide

Introduction

Do you know you can sell your land in Florida without a realtor and save thousands of dollars? It is a traditional practice to sell or buy land through a realtor. But it costs too much money because of commissions. However, with the right approach and perception, it is possible to navigate the process on your own and save money. There are different options, much simpler and quicker than the traditional real estate process of selling your house. The most popular, flat-fee MLS service in Florida is flourishing speedily. Flat fee service is being offered by various companies. In this article, we will discuss the key information regarding how to sell land in Florida without a realtor.

Steps to sell land in Florida without a realtor

1) Get details of land-the parcel number

Before getting your land listed, you need to get full details about the land. In Florida, each property has a unique parcel number that tells various things about it such as size, exact names of land owners, boundary lines, and assessed value. All of these legal descriptions are required. You can get these from your county’s property appraiser.

2) Assess market value

Start researching online platforms. You can check recently sold land comparable to yours or go through the MLS listing. MLS home search in Florida can give you lots of data to assess the market value.

3) Find a suitable platform for listing

Your property only matters to you the most. So make sure to make the best choice at each step of selling your land. The flat fee MLS companies offer a one-time flat fee and give the seller full control over the listing. One such reputable company is Florida Flat Fee Homes. They offer a seamless experience to their clients by providing all the necessary information and documentation. The seller has complete access to manage the listing. You can edit any details at any time.

4) Create a unique listing-market your property

While listing your land on MLS, the detailing is the key. Your listing should stand out to grasp the attention of maximum potential buyers. Make sure you provide all the necessary details (size, location, amenities, etc.) along with high-quality photos of the land. After getting the land listed, it is important to market your listing on various social media platforms to enhance exposure. Local advertisements can also do the job.

5) Negotiations

As you start getting inquiries, screen the potential buyers and negotiate with the serious ones only. Try to be open to offers while keeping your bottom line in mind.

6) Closing the sale

Once you get a fair offer and accept it, prepare for closing (deed, title insurance, and other relevant disclosures). A title company helps with the deed and smooth transaction of funds. Florida Flat Fee Homes provides top-quality closing assistance with Capital Title.

What is a deed?

A legal document that is used to convey the ownership of property from one party to another. It formally provides the information about parties involved, a complete description of the land, and signatures.  There are different types of deeds such as warranty deeds, special warranty deeds, and quitclaim deeds.

What is title insurance?

The purpose of title insurance is protection against title issues or ownership issues that may arise after the purchase.

What are the benefits of selling land without a realtor?

The major benefit of selling without a realtor is mostly financial. Here are some of the potential benefits you gain by selling without a realtor:

1) Cost saving

The seller saves the realtor’s commission which is about 6% of the sale price. Flat fee MLS service saves thousands of dollars on commissions.

2) Independent decision making

The seller directly deals with clients and has full control over the process. Independent dealing allows you to make decisions of your own.

3) Faster selling process

Without the realtor, you directly carry out all the processes and avoid middleman delays. In this way, you can sell your land faster.

4) Enhanced exposure

Independent navigation of the process allows wider exposure. You also get to build connections in the market.

Conclusion

To wrap up the discussion, you are now aware of how to sell your land in Florida without a realtor. By having the right knowledge and approach you can navigate the real estate process independently. Make sure all the essential information about your land is in your hands, you have thoroughly researched the market value and have the confidence to diligently negotiate. With your persistence and Florida Flat Fee Homes’ expertise in flat fee MLS services, you are on your way to selling your land at a desirable value in no time.

Frequently Asked Questions

What information should I put in the property listing?

You can provide descriptions like size, zone information, nearby amenities and high-quality photos.

Do I need a title company?

It is recommended to use the title company for facilitation in the closing process.

How do I negotiate with clients?

Communicate your terms clearly and be open to offers while keeping your bottom line in mind.