Do you own land and are wondering, “How do I sell my land to a developer?” We have the answers! Owning land is pretty easy – it rarely takes a lot of effort. But when you want to sell, that can be a different story. At Jamie Buys Houses, we’re often asked that question so we decided to write this blog post in order to answer how do I sell my land to a developer. We’ve got some ideas below…
First, it’s important to know what land developers are looking for
Developers in TX want to be able to build on the property and sell it, so they’re probably looking for property that is close to infrastructure and services (like water, sewer, power, and roads). After all, they’ll need to connect these services to their development, and they’ll want people to be able to get to their development!
It’s okay if the land isn’t serviced but developers will probably want to know how far away the services are and whether those services are being actively worked on by the city or not..
Second, you may want to bypass the TX real estate agent
A lot of real estate agents tend to work with residential homeowners who are looking to buy a house to live in TX. If you’re wondering “How do I sell my land to a developer?” you may need to find someone who specializes in selling land to commercial businesses. (Alternatively, you might consider getting in touch with us at Jamie Buys Houses to buy your land from you). Yes, we buy houses, but we also buy land in TX.
Third, be aware of zoning when wondering How Do I Sell My Land To A Developer?
Developers will be looking to build, which may include potentially subdividing and doing additional work on the land. They’ll want to know how your property is zoned so they can anticipate the work required to build. Of course zoning can often be changed but zoning changes will just add to their timeline and workflow so it’s helpful for developers to know up-front how the land is currently zoned and also if there’s anything that’s been established about the future zoning of the property.
Fourth, be aware of the path of new construction
This one is harder for land owners to know but if you’re wondering, “How do I sell my TX land to a developer?” this will be an important consideration that the developer is thinking about: If your land is not inside a city then a developer will probably want to know if the city is growing in the direction of your land. (Even if the city is not growing toward your land, that’s okay, but developers will want to know). You don’t have to know this answer yourself but if you do, that will be helpful to developers.
Selling raw land can be challenging because it’s target buyer is a very different kind of buyer. But if you’re wondering, how do i sell my land to a developer, then hopefully you’ve learned something useful in these 4 tips!