Help! I Need to Sell My Land in Georgia Quickly

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Help! I Need to Sell My Land in Georgia Quickly
By

Bart Waldon

With over 37 million acres of farmland and forests, Georgia has an abundance of raw, undeveloped land. However, many landowners find themselves needing to sell their plots quickly due to financial strains, retirement relocation, or other reasons. Statistics show the average time to sell vacant land in Georgia is currently 6-12 months on the market. For those facing pressing timeline constraints, this elongated sales process only amplifies stress levels. 

The good news is that specialized real estate agents and creative transaction options can help expedite land sales in Georgia despite hurdles. In fact, recent surveys of rural real estate brokers found that nearly 60% successfully closed quick cash sales of agricultural land tracts in 30 days or less when client circumstances necessitated urgent liquidation. So with the right guidance and marketing tactics, selling your Georgia land rapidly is possible. Here’s what you need to know.

Why Do Some Landowners Need Speedy Sales in Georgia?

Before diving into how to sell your land quickly, let's look at why you might need or want a fast sale in the first place:

  • Relocating out of Georgia - Landing your dream job in another state or wanting to live closer to family are common catalysts. Trying to remotely manage land gets old fast.
  • Inheriting unwanted property - Being willed land that doesn't fit your lifestyle or is too far away motivates many to sell rapidly.
  • Divorce and division of assets - Untangling commingled real estate often necessitates quick sales.
  • Costly maintenance responsibilities - Keeping up a large rural parcel can become a financial drain over time.
  • Death in the family - Loss of a loved one frequently leads surviving relatives to swiftly sell off the decedent's real estate.
  • Sudden financial issues - Whether job loss, medical bills or other problems, an urgent need for cash pushes people to sell land fast.
  • Retiring and downsizing - Older landowners looking to simplify often want to quickly shed properties with acreage.

So if any of those situations have you needing to offload your land double-time, you’re not alone. Let’s look at how to make it happen.

Roadblocks You May Face Trying to Sell Land in a Hurry

Attempting to sell property at warp speed can definitely hit some snags. Going in with eyes wide open about the potential challenges sets realistic expectations:

  • Limited marketing time - Doing extensive open houses or advertising simply isn't possible on a rushed timeline.
  • Fewer potential buyers - On short notice, there are simply fewer buyers ready and able to purchase land.
  • Price negotiations and concessions - Securing top dollar for your land may be trickier when selling quickly.
  • Closing costs - Be prepared to pick up certain closing fees normally paid by buyers.
  • Resolving title issues - You’ll want to resolve any easement or boundary problems immediately.
  • Parceling large tracts - Subdividing into smaller lots takes planning and time.
  • Hurdles developing raw land - Quickly adding infrastructure like roads or utilities to increase value is unlikely.

The good news? None of these roadblocks mean selling your Georgia land swiftly is impossible. It simply requires adjusting your approach.

Tips to Expedite the Sale of Your Land

If you need to offload your property pronto, here are some proven techniques to make it happen:

Price it aggressively - Do your homework on recent comparables and price at the lower end of market value. Leave wiggle room for negotiations.

Offer creative terms - Consider owner financing, land contracts or rent-to-own terms to entice buyers.

Cover closing costs - Be willing to pick up title fees, recording charges and transfer taxes to motivate quick sales.

Market smartly - Use online and print listings and install visible signage about the sale on the actual land.

Tap into land investors - Many real estate investors buy discounted land for quick cash and are open to fast deals.

Remove contingencies - Offers with fewer contingencies like financing or inspections move quickest.

Prepare for closing - Gather surveys, easement info, mineral rights data, etc. Resolve any title issues immediately.

Auction it off - Hire an auction company to sell your land to the highest bidder in short order.

Lease it out - Generating rental income quickly while buying time to sell can be a win-win.

With the rightexpectations and techniques, selling your land rapidly is doable. Now let’s look at specific buyers open to quick purchases.

Your Best Bets for Finding Buyers Ready to Move Fast

Casting a wide net improves your odds of securing a speedy sale. Marketing your Georgia land to the following prospects could yield quick results:

Local real estate investors - Experienced investors often buy properties for rentals, land contracts or fix and flips. They're comfortable making fast decisions.

Farmers or ranchers - Expanding their acreage quickly is always on a farmer's mind. Your land may complete a puzzle piece.

Hunting clubs - Quality hunting land goes fast to clubs hoping to secure exclusive access.

ATV/recreation clubs - Like hunters, trail riding and motorsports groups want to snap up good acreage when available.

Developers - Those aiming to build residential or commercial projects need land and may pay premium prices to buy promptly.

Timber companies - Timber investment groups always keep an eye out for forests and woodlands and can close quickly.

Neighbors - Adjacent owners who know the land may want to expand their holdings while the opportunity exists.

With the right approach, creativity and a pool of potential buyers, selling your land rapidly in Georgia is very possible, even when under pressure. The key is being flexible, persistent and using these strategies to connect with buyers willing and able to move quickly.

It takes some work and compromise, but take it from a fellow landowner - with the tips in this article, you can sell your property in a hurry if you need to, even when life throws curveballs. Wishing you the very best of luck! Let me know if you have any other questions.

How to Sell Your Land Effectively Online

The internet opens up a vast audience of potential buyers for your land. With the right online marketing strategy, you can sell your property swiftly and for top dollar. Follow these tips to effectively sell land online:

Use Detailed Listings

Create listings on multiple sites like Zillow, Trulia, Lands of America and LandWatch. Include acreage, usage (farmland, hunting, etc.), terrain, road access, utilities and water availability. List encumbrances like easements. Add lots of photos showcasing the best features. Drone videos can also highlight the terrain. Detailed listings attract serious buyers.

Market on Forums and Social Media

Post about your land for sale on niche forums like hunting, off-roading and real estate investor sites. Create social media posts with links to your listings on Facebook and Instagram. Geo-target posts to reach those near your property. Great photos and videos help market it.

Offer Owner Financing

Advertise that you offer owner financing or land contracts. This allows buyers to make low down payments and spread out the rest over time. It expands your pool of potential buyers.

Set a Competitive Price

Research recent comparable sales in your county to set a competitive price. Consider lowering it a bit to attract buyers in a down market. Be open to reasonable offers to sell it faster.

Using these key strategies can help you effectively leverage the internet to access motivated buyers across a wide geography. With the right online presence, you can sell your land smoothly and profitably.

Final Thoughts

Selling your land swiftly in Georgia can seem daunting, but with realistic expectations and the right strategies, it is very achievable. By pricing competitively, marketing aggressively, offering creative terms, and tapping into motivated buyer groups, you can successfully convert your property into cash even on a tight timeline. With flexibility and perseverance, you can overcome the roadblocks and find a buyer willing and able to purchase your land quickly when life circumstances necessitate it. The tips outlined in this article will help you sell your Georgia land rapidly so you can move forward. With a practical approach and hard work, a fast land sale is within your reach.

Frequently Asked Questions (FAQs)

How long does it usually take to sell land in Georgia?

Typically it takes 1-2 years to sell vacant land in Georgia if you list with an agent and wait for a traditional sale. However, selling land quickly in 30-90 days is possible with the right pricing, marketing and buyer outreach.

What discounts can I expect when selling my land fast in Georgia?

Most quick land sales involve pricing at 70-85% of market value. However, a lot depends on your parcel’s unique characteristics. Investors may pay 50-60% for very rural land with limited access.

What costs will I have to pay when selling my Georgia land rapidly?

You may need to cover closing costs for the buyer that you would otherwise split, like title insurance and recording fees. Preparing documentation upfront also helps speed the process.

How do I find buyers interested in a quick Georgia land purchase?

Reach out directly to local real estate investors, farmers, developers, timber companies and recreational clubs who have immediate land needs. Also advertise and network aggressively.

Should I consider owner financing when trying to sell my land fast?

Yes, offering owner financing opens your pool of buyers substantially. Investors in particular favor this option. Just be sure to vet buyers’ ability to pay.

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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