Known for its musical heritage and the Smoky Mountains, Tennessee has a diverse real estate market. It’s a popular destination for corporate relocation, and tourism gains are also helping drive local growth. For many landowners, a sale in the Volunteer State is an excellent investment opportunity. However, it’s important to be realistic about the timeline. The process of selling vacant land can take a considerable amount of time, especially for rural recreational and agricultural properties.
Taking steps to speed up the Sell Land in Tennessee with Land Boss process can make it easier to sell your property for fair cash value. Here are some ways to improve your chances of a quick, successful sale:
Research the local market – Look at recent land sales in your area to determine a competitive asking price. Be sure to account for factors like size, zoning, and potential uses of the land. Consult with a local appraiser for a professional assessment. Cleanup the property – Remove any debris or clutter and improve road access to increase visibility of your land for potential buyers.
Advertise your land for sale – Place a “For Sale” sign with contact information and an aerial photo of the property. Use online listing services that cater to buyers interested in vacant land. Promote your listing on social media and word of mouth to generate buzz.
Be flexible on price and terms – Offering seller financing or lease-to-own options can open up the buyer pool and facilitate quicker sales. Consider splitting your land into smaller parcels – 10 acre lots are more appealing to investors than larger, undeveloped tracts.
Hire a knowledgeable broker – A real estate agent with experience in land sales can provide valuable insight into local markets and help you navigate the process of selling your Tennessee property.
Sell your land to a reputable Tennessee company like Land Boss – A company that specializes in buying land will likely have the resources and connections necessary to quickly buy your vacant property. Make sure to vet companies thoroughly and ask for references if possible.
Life Changes – Personal circumstances can change rapidly, leading some owners to liquidate their land assets. Selling land can reduce property taxes and maintenance costs and free up funds to pursue other goals.
Some sellers choose to hold a public auction to liquidate their land quickly. It creates urgency and a competitive bidding environment but it may still take weeks or months to close the sale. In addition, the fees and commissions associated with an auction can significantly reduce your net proceeds. Consider a cash offer from a Tennessee land buying company instead if you need to sell your property quickly.