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Old 10-27-2007, 09:57 AM
 
1 posts, read 7,698 times
Reputation: 14
Default How to sell a piece of land in Texas?

I need find out what are the steps, documents, etc.. needed to sell a piece of land I have in Magnolia, Texas. The reason I want to try and sell it myself is to save on realtor commissions. I don't mind paying for legal doc's to be drawn up however I just want to save some money on realtor fees becuase I will market the land myself. I still owe on the land.

AC
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Old 10-28-2007, 05:21 PM
 
11,853 posts, read 11,000,076 times
Reputation: 4374
Lol... ppl here are realtors. They don't like FSOB, they probably tell you to find a realtor. Honestly, I think you should do it yourself. Just research in the internet thoroughly. There isn't a lot of mystery behind it though ppl here may disagree.
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Old 10-29-2007, 12:50 PM
 
Location: San Antonio-Westover Hills
6,866 posts, read 12,464,251 times
Reputation: 4947
Well, I'm a Realtor, though I'm not working currently, I can offer some advice--give yourself about 3 months and then call an agent (preferably a rural or land agent). Unless your land is spectacular, it can sit there for years as a FSBO. Everyone has land to sell, and if you don't have the mineral rights, sit on good farming acreage, are waterfront, or good commercial frontage, it's just gonna sit and sit and sit. Good luck!
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Old 03-17-2012, 11:42 AM
 
1 posts, read 4,261 times
Reputation: 10
Default Be for real!!

You or always working, let's keep it real!
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Old 03-17-2012, 05:19 PM
 
4,151 posts, read 5,566,931 times
Reputation: 2899
If it's land I wouldn't get a Realtor either. You have an address and people can come look at it anytime they want. Hopefully you get your answers without everyone saying OMG YOU NEED A REALTOR!!!!!!!!!!!
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Old 03-17-2012, 05:21 PM
 
4,151 posts, read 5,566,931 times
Reputation: 2899
Quote:
Originally Posted by Mom2Feebs View Post
Well, I'm a Realtor, though I'm not working currently, I can offer some advice--give yourself about 3 months and then call an agent (preferably a rural or land agent). Unless your land is spectacular, it can sit there for years as a FSBO. Everyone has land to sell, and if you don't have the mineral rights, sit on good farming acreage, are waterfront, or good commercial frontage, it's just gonna sit and sit and sit. Good luck!

Please, an agent isn't a wizard when it comes to not having what you mention and able to sell it any faster. Most land that lacks those will always sit for months if not years with or without a Realtor.

I'm not hating on Realtors because they are needed (if good) on just about everything else.
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Old 03-17-2012, 05:23 PM
 
1,126 posts, read 1,732,551 times
Reputation: 1246
This thread is 4 1/2 years old. Hopefully it's been sold, one way or another, by now.
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Old 03-18-2012, 01:20 PM
 
4,151 posts, read 5,566,931 times
Reputation: 2899
Doubtful, unless it was a good piece of land
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Old 03-18-2012, 02:35 PM
 
Location: Not Moving
969 posts, read 840,367 times
Reputation: 495
Old thread....yes....but, still pertinent. One way to sell it is to ask your neighbors if they want to buy it.
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Old 03-18-2012, 03:21 PM
 
42 posts, read 64,826 times
Reputation: 18
All you have to have is a written contract both parties agree to, for buying and selling. FSBO generally are slow because agents working with buyers generally shy away from them because of fear they won't get paid.

Large properties are different than residential properties. If you are convinced you will sell it yourself, put up a sign and see where it goes.
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