Selling your land can be motivated by a variety of factors. Like most sellers, if you want to sell your land, your first thought is to hire a real estate agent to handle everything for you. A financial crunch may cause you difficulty affording the expenses of listing. Land has a smaller buyer pool than residential listings, so if you need to sell fast, you are less likely to be overwhelmed by buyers as you are with residential listings today. You should know all your selling options to make the best decision for your situation, as hiring an agent isn’t always the right move.
If you understand the out-of-pocket expenses for each method, the timeline for the sale to close, and the profit you will make from each, you can decide which is best for you. We explore three reasons why you shouldn’t hire an agent to sell your land in Knoxville, TN if you are ready to learn more.
Marketing Expenses
If you want to sell your land in Knoxville, TN you shouldn’t work with an agent because of marketing expenses. Professional photographers are typically hired by real estate agents to promote their listings. In the microseconds they have to impress buyers, agents must use high-quality digital imagery to make a significant impact. When you sell directly to a professional buyer like those at East Tennessee Home Buyers LLC, you can eliminate all the marketing expenses. Assume you have a deadline to meet. When you sell direct to a professional buyer from East Tennessee Home Buyers LLC, there is no uncertainty of when it will sell. Cash allows the local pros at East Tennessee Home Buyers LLC to offer you a guaranteed closing date that you can select, usually within a few days.
Closing Costs
When selling your land in Knoxville, TN some closing costs fall on you, which is why you shouldn’t hire an agent, since some of these expenses are yours to pay. In addition to providing everything you need for your closing at no charge, professional buyers such as East Tennessee Home Buyers LLC have a built-in time-saving efficiency for sellers thanks to their full-service in-house team of industry specialists. We make it easy for you to sell your land in Knoxville, TN providing you with details about our offer. It’s free to use our service; unlike when you hire an agent, the cash you receive at closing is the amount of our offer.
Commissions
Commissions are another reason why you shouldn’t hire an agent If you are selling your land in Knoxville, TN. Most sellers consider not hiring an agent to save the commissions. While you may save the commission by listing on your own, you should be aware that, statistically, land stays on the market longer than residential listings and sells for a lower price when listed as an FSBO.
In addition, sellers may be overwhelmed if they decide to list their property themselves. A land sale is also stressful due to the complicated paperwork and other aspects, such as surveys and environmental studies. The expense of an agent becomes reasonable after considering these factors. Alternatively, you can directly sell your land in Knoxville, TN to a local professional buyer like East Tennessee Home Buyers LLC, which doesn’t charge commissions. When you hire East Tennessee Home Buyers LLC, you will benefit from the expertise of the professional buyers handling everything for you without paying agent fees.
Would you like to know why you should not hire an agent when selling your Knoxville, TN land?
The professional buyers at East Tennessee Home Buyers LLC will provide you with the details, showing you the expenses and how much you could profit if you hire an agent and list vs. our offer, which you will agree is fair. The professional buyers at East Tennessee Home Buyers LLC work with a policy of total transparency because we want you to feel good about the deal long after closing. After all, the professional buyers at East Tennessee Home Buyers LLC and their entire team are your neighbors who live and work alongside you here in Knoxville, TN. We take great pride in our work at East Tennessee Home Buyers LLC; we are passionate about helping sellers find the best solutions to their problems. Talk to the professional buyers at East Tennessee Home Buyers LLC today without any obligation and find out how we can help save you time and money while avoiding all the hassles of listing. Call East Tennessee Home Buyers LLC at (865) 935-8680.