How to Sell Your Murphy NC Land – Simple Tips to Help Sell Your Murphy Land Fast
Selling Land in Murphy NC – How to Sell Your Land Fast
“How To Sell Your Murphy, NC Land” has been a topic that my wife, Robin, has placed on the top of my “Honey Do List” for several months… and like most husbands, I have kept putting it off. As we were returning from a recent weekend getaway in Murphy, she reminded me once again that I really, really should share with folks who may need some encouragement, insider tips, etc., (been-there-done-that-got-the-T-shirt-kinda thing) so….If you’re looking to sell your own land in Murphy, North Carolina there are a few things to consider before you run out and start worrying about where you are going to find a buyer or deciding to list your land with some agent somewhere. These simple considerations can save you time, stress and help you sell your land fast.
Murphy, NC is arguably one of the most beautiful places to live in North Carolina, and the combination of recreational activities, arts and cultural events, the gorgeous weather, the friendly people, the incredible mountain views and the natural beauty make it a great place to live, work and play.
Even if you are lucky enough own land in Murphy, you may find yourself owning a piece of land that you no longer have use for. Maybe your plans have changed and the secondary vacation home you wanted to build no longer has the same appeal to you. Perhaps you need some cash instead of owning a parcel of vacant land that you no longer have use for. You may have inherited a piece of Murphy land that you don’t really have any interest in keeping. Many land owners simply get tired of paying property taxes and HOA fees year after year.
Regardless of your reason for why you might want to sell your Murphy, NC land fast, there are a few things that you may want to consider when selling land in Murphy. If you’re planning to on selling your land, there is an small existing market of buyers looking to get what you have, the trick is finding them or rather having them find you. So, how do you find these buyers, market to them, and sell your property quickly and for the highest price possible?
I am happy and grateful you asked!
Know the Land You’re Selling
The cool thing about land in Murphy is that depending on where it is; it can have a variety of different purposes. Some land is designed for farming, while other lots are better for residential living or commercial property. Checking out the zoning guidelines for your lot will give you a better understanding of what your land can be used for, which will help you narrow down your target audience.
To get this information, you can contact Cherokee County offices such as your Cherokee County Planning and Zoning department which can be found by conducting a google search or using a directory of county offices such as www.netronline.com. Questions you want to ask
* Is it zoned for “stick built,” (If so, is there a minimum square footage required?)
* Modular, or Mobile Homes?
* Land dimensions – (Ex: 100x 75x 100 x20)
* Water & Sewer – Availability; connection fee, etc.
* Will it “perc”?
Market To Targeted Land Buyers
Once you realize the zoning guidelines for your particular lot, you can focus your marketing on this target audience. Online sites like Land Watch, Land and Farm, and Lands of America allow you to post ads for your property in specific subcategories in order to reach the right buyer. Land buyers use this site to find specific lot types, such as hunting land, farms and ranches and homesites.
* Homebuilders– (They need land to build on) Google Homebuilders Cherokee County (Are you buying lots to build on?)
* Mobile Home Dealers –(We talked with one mobile home dealer who sells 50 homes a month!)
* Mobile Home Movers – Mobile Home Parks
* Real Estate Investors – Google: Bigger Pockets, Connected Investors, Local Real Estate Investor meetings
* Online – Facebook Marketplace, Craigslist, Linked-In, Instagram, Yahoo groups, there are a lot of FREE places!
* Offline – Flyers, Postcards, Church Bulletins, publications, Trucker Magazines, Shopper, etc- (Call me, I use several)
When you’re writing your ad, keep in mind who will be reading and highlight the parts of your land that will appeal to the target audience. Remember, your land buyer listens to radio station “WIIFM” (What’s In It For Me?)
Price Your Murphy Land Right (Carefully!)
The Murphy land real estate market is unique in many ways, but one thing it has in common with the rest of the county is that selling your land fast relies heavily on the price point. Buyers interested in Murphy land don’t always have a lot of comps easily available to help them determine what a piece of property is worth.
Overpricing a property is a common mistake many sellers make and can drag out the buying process. Selling vacant Murphy land can be easier when it comes to pricing because there is a clearer market and similar properties to compare, so establishing a price is a bit easier.
Buying land is a little trickier. Sometimes you have to choose between getting the highest bid and selling your land quickly. Offering owner financing is another way to sell your Murphy NC Land fast . Why?
Because banks, credit unions and other financial institutions do not like loaning money on vacant land!
Buyers can qualify for a home loan with a 600 credit score and zero down payment….buyers trying to purchase YOUR Murphy land will need a 740+ credit score and 20% of your asking price as a down payment. A lot of land buyers don’t have that. Owner financing can help you and the buyer!
Think Close To Home
Before you start spending time and money marketing your land, check with your friendly Murphy neighbors to see if they would be interested in expanding their land by buying yours. Sometimes this is the quickest and easiest way to find a buyer and saves tons of money in advertising.
Finding Someone Who Can Help You Sell Your Murphy Land Fast
If you’re new to the real estate game, working with realtor or experienced land buyer may ease some of the hassle associated with selling land in Murphy. Some realtors may have extensive networks, experience, knowledge, and resources could help narrow down your audience and get your property in front of qualified buyers, however, if the property is a lower value property and in a remote area, a broker may not have the resources of motivation to sell your property.
The “I Wish That I Had Known That Before” lesson that I learned nearly 25 years ago was:
1. Most real estate agents spent more of their time trying to find a buyer for a $300-$400,000 house
($18-$24,000 commission) than they did finding a buyer for my $10,000 lot ($600 Commissions)
2. 90-92% of the land on your local real estate agent’s Multiple Listing Service does not sell each month.
If selling your Murphy land quickly is the goal, working with a realtor isn’t always your best option, and you may want to consider a wholesale buyer, like Vacant Land Solutions if selling fast is your primary objective. Just give us a call @ (843) 564-8438 and get a fair, ALL cash offer on your vacant land today!
You’d think that selling land in Murphy would be a breeze since it’s such a highly desirable place to live and offers incredible natural beauty with a vibrant and active community. But selling land has its challenges, and being proactive and prepared is the best to way to make the sale. Don’t forget to present your property in it’s best light, and take a lot of photos for your marketing campaign.
Selling land in Murphy can be a much easier process with the right game plan. With these few tips under your belt, you should have a clearer idea of how to start your search for finding the right buyer for your beautiful Murphy property.
If I can help you in anyway, please let me know.