Selling property in Oklahoma isn’t rocket science but it is a lot of work and requires a good dose of patience. From legal requirements and pricing to promoting land and securing buyers, there’s a lot to juggle. Fortunately, the right tools and guidance can make this process easier.
Using a specialized software tool like Landboss can streamline and optimize many of the complexities involved in a real estate transaction. From capturing and tracking property information to automating scheduling and invoices, this software tool can help save time and money by eliminating spreadsheets, shared cloud drives and sticky notes. Landboss can also help streamline billing and 1099 processes so that you can keep track of all your expenses.
Traditional real estate agent routes can be lengthy and costly. For example, a seller needs to hire a county appraiser, find a buyer’s agent, do property inspections and perform any repairs required for closing. However, self-directed sales can be streamlined and cost effective if a seller has a clear picture of the land’s value. It’s important to understand the market and identify your buyer type so that you can determine a realistic asking price for your property.
A common mistake land sellers make is overpricing their property. By setting an asking price that’s too high, you’ll deter most potential buyers from even considering your property. Thoroughly research recent area sales to determine an appropriate per-acre price for your parcel’s location and features.
Marketing your Sell Property in Oklahoma with Land Boss can be done online through a variety of websites and social media platforms. A quality listing that details all of your property’s attractive attributes can set it apart from the competition. You can also post flyers and advertise in local newspapers. Depending on your property, you may want to target a specific audience of buyers – hunters, farmers, developers, etc.
Then, once you’ve attracted interest from a buyer, converting inquiries into profitable Oklahoma land sale contracts takes skillful negotiations. Be sure to get pre-approved for financing amounts and evaluate competing offers objectively. Consider aspects such as closing costs contributions, included equipment, mineral rights transfers and survey requirements. Reply to callers and book showing appointments promptly to sustain deal momentum. Ultimately, a winning offer will meet both buyer and seller priorities.