10 Ways to Sell Your Land Faster in Texas

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10 Ways to Sell Your Land Faster in Texas
By

Bart Waldon

Texas is known for its wide open spaces, independent spirit, and everything being bigger. At 268,597 square miles, Texas is the second largest state in the U.S. after Alaska. With nearly 29 million residents, it is the second most populous state behind California. The capital city Austin, along with other major metro areas like Dallas, Houston, and San Antonio continue to see strong population growth. This leads to a high demand for land across Texas.

Selling vacant land in Texas can be a great way to unlock the equity in your property, but it often takes time to find the right buyer. Land parcels may stay on the market for 12-24 months on average. The sales process can drag out even longer if you don't properly market and advertise your land.

The good news is there are things you can do to expedite the sales process. Here are 10 tips to help you sell your land faster in Texas:

1. Price It Right From the Start

Overpricing is one of the biggest mistakes land sellers make. Your asking price should be in line with the fair market value based on recent comparable sales and property assessments in your area. Listing too high will deter buyers and result in wasted time.

Work with a local real estate agent to help determine an accurate price. You can also research sales of similar vacant land parcels in your county using online property records. Price it competitively right from the start to generate more interest.

2. Highlight the Property’s Best Features

When marketing your land, emphasize its most attractive features and amenities. Is it a spacious 20 acre parcel with open meadows and trees? Does it offer scenic hilltop views or frontage on a creek? Is it located near schools and shopping?

Accentuate these unique characteristics in your property description to capture buyers’ interest. Lead with the best features of the land in all listings and ads.

3. Invest in Professional Photography

Quality photos are vital for vacant land listings. Poor pictures make it impossible for buyers to visualize the property. Investing in professional photography is well worth it to showcase the land’s beauty and top attributes.

Wide panoramic shots give a good overview while still photos spotlight key features. Drone photography can provide aerial vantage points. Be sure to capture images at different times of day to demonstrate the varied landscape.

4. List the Property on Multiple Websites

Cast a wide net by advertising your land for sale across multiple platforms. The most popular sites for Texas land listings include LandsOfTexas.com, LandWatch.com and LandAndFarm.com.

Realtor.com and Zillow.com also offer extensive land search tools. And don’t overlook your local MLS and classified sites like Craigslist. Crosspost on as many relevant sites as possible to maximize visibility.

5. Create Print Marketing Materials

While online ads are crucial, don’t neglect old school print marketing tactics. Design full color flyers highlighting your property’s amenities and your contact info. Distribute flyers at feed stores, gas stations, community bulletin boards and other local hubs.

Large roadside signs placed near the property also provide great passive promotion. Print materials encourage serious local buyers to contact you directly.

6. Contact Local Investors and Developers

Vacant land often attracts real estate investors and developers looking for building sites. Reach out to local investors directly about your property even before listing it on the open market.

Many county assessor sites provide lists of the most active property buyers in the area. You can also use Google to find established real estate investment companies nearby. Getting investors competing over your property is a great way to start a bidding war.

7. Offer Owner Financing

Offering your own financing with a down payment and installment payments can expand your pool of potential buyers. This allows buyers who are short on cash to spread out the purchase over time. The buyer will pay you interest so you also generate a return on the sale.

Owner financing does come with risk, so consult an attorney to understand your legal rights before proceeding. But it’s one way to sell your land faster by accommodating more buyers.

8. Consider Land Broker Co-ops

Land broker networks like TexasLandCoOp.com allow brokers across the state to co-broker land deals. Brokers will often split their commission with an outside broker who brings them a seller lead.

Contacting local land brokers and informing them you are open to co-op arrangements can get your property in front of more agents, thus more buyers. Just be sure to clarify the co-op commission split in advance.

9. Be Flexible on Closing and Possession

Rigidly requiring the buyer to close immediately or forfeit earnest money may turn away some buyers. Offer to be flexible on closing and possession dates. This gives the buyer time to finalize financing or other preparations.

You can still protect yourself with clear conditions in the purchase contract. Being open to longer closing or possession windows makes it easier for buyers. Your flexibility can be what clinches the deal.

10. Consider Land Buyers Offering Quick Cash Sales

Companies like Land Boss that purchase property directly from land owners are growing in popularity. They buy for cash fast, which allows you to avoid the time and costs of a traditional sale.

The downside is these buyers will purchase your land at a discounted price below full market value since they aim to profit on their investment. But for some land sellers, a quick cash sale is worth the discount.

Selling your land in Texas may take some work, but following these tips can help streamline the process. Properly pricing, marketing and advertising your property both online and offline will boost visibility. Being flexible on terms while casting a wide net of potential buyers also improves your odds of a quick sale.

Choosing the Right Land Company for a Fast Sale in Texas

With over 268,000 square miles of land, Texas offers ample opportunities for land owners to sell their vacant property. However, the traditional process of listing with an agent and waiting for offers can take over a year. Land companies that buy direct from sellers are gaining popularity across the Lone Star State. But how do you pick the right one?

Research Their Experience

Opt for an established company with plenty of experience buying and selling land in Texas. Check their website and press releases for data on how long they have been operating, their reputation, and number of transactions closed. Companies with greater experience will likely make the sale process smoother.

Understand Their Process

Thoroughly research their process before agreeing to sell your land. Most will provide details on their website. Look for reasonable timelines, clear documentation, and responsiveness throughout the steps. Ask if they have dedicated land specialists to contact with questions.

Check Reviews Online

Search for reviews of the company online to gauge customer satisfaction. While no company is perfect, you want to see mostly positive feedback on experience selling land to them. Look for reviews on Google, Facebook, and sites like Trustpilot.

Compare Multiple Quotes

Reach out to 3-4 reputable land buying companies to request quotes on your property. Comparing bids will help you maximize your payout. Remember quotes are not binding until you accept an official offer and sign documents.

Doing diligent research enables you to select a trusted land buyer that will provide a smooth, fast sale on fair terms. With an experienced company as your partner, you can sell your land quickly and move on to your next chapter.

Final Words

Selling vacant land can be a tedious process, but with the right strategies, Texans can expedite sales and unlock their property's value. By properly pricing, advertising online and offline, and tapping into specialized land buying companies, landowners can minimize headaches and net top dollar for their parcels. With high demand across the Lone Star State, implementing these tips will help vacant land sell faster, putting more money in the pockets of sellers. Texas offers some of the most beautiful and abundant land in the country - take advantage of demand by using a smart sales approach.

Frequently Asked Questions (FAQs)

How long does it usually take to sell vacant land in Texas?

On average, selling a vacant land parcel in Texas takes 12-24 months if listed with a real estate agent. Land owners who use land buying companies can often sell in as little as a few weeks.

What information do I need to get an estimate for my land?

To receive an accurate quote, you'll need to provide property details like acreage, county, parcel number, existing structures/utilities, terrain, road access, and any other special features.

Are there any costs to sell my land to a land buying company?

Reputable land buying companies will not charge you any fees. They make their profit by buying properties below market value. You pay no listing fees, commissions or closing costs.

How quickly can I get paid after accepting an offer?

Many land buying companies can send payment within a few days of finalizing the purchase contract. Some may take up to 2 weeks. The entire sale process often takes 4-6 weeks total.

What steps should I take to vet land buying companies?

Check reviews online, verify their experience buying/selling properties, understand their process, and compare quotes from multiple companies before selecting one to work with.

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.

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