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Land – Here’s What To Expect At A Listing Appointment

By Otto On June 6, 2011 Under Real Estate

Now that you’ve decided to sale your land and to use a land agent to help you market your property, you will usually need to meet with them at your tract. Here are a few things you can expect and plan for to make your meeting more beneficial.

1. Bring copies of documentation for your property. A listing agent will need a copy of the deed of record, a plat map, current survey, timber cruises, mineral or hunting leases, tax records, septic system permits, and other assorted documents which provide information about your property. Other items that may be helpful are harvest records of wildlife and pictures of game taken or observed, enlarged aerial maps of the property, timber stand maps, documentation about historical structures or occurrences on the land.

Recently I met with a landowner at his property, and he had already filled out a sheet with all of his contact information, age of the home, number of food plots and shooting houses on the property. He listed the names of all of the utility companies that serviced his land, the bank through which the land was financed, and several other helpful pieces of information. This was a pleasant surprise and has proven to be very helpful at recent showings.

2. Be prepared to show the property to the agent. It is helpful if the owner, who in many cases knows more about the land than anyone, can help the agent identify key areas of interest throughout the property, boundary lines, and information about the age of timber, etc… All of this allows the agent to have a better understanding of your property and will be able to present it well to prospective buyers.

The benefits received when you buy land are many. In addition to the existing and increasing value of the land, you may also have opportunities to profit from the land prior to reselling it. You may be able to lease farm land, pasture, or timber, or enroll your land in a long-term government program like the Conservation Reserve Program (or CRP) which pays a set yearly sum to land owners that choose not to farm certain sects of tillable land.

Perhaps the most challenging part of rail road surveying is the necessity of bridges and tunnels. The surveyor may be responsible for providing input on site selection and monitoring the building process to ensure that the bridge or tunnel is located correctly. The surveyor’s job is made more difficult when tunnels are involved rather than bridges, as the tunnel must be bored completely straight through the hill or mountain.

And speaking of the current economy; there is no better time than now to buy land. While land for sale is somewhat limited, the number of potential purchasers is for the first time in a long time limited too. If you happen to have the capital necessary to invest in land, then you are in luck, because for once the competition for land is reduced as regular investors struggle to make ends meet in the current economy. That means that land prices are also more reasonable than they have been in a long time. This gives you an even greater opportunity to profit from purchasing land for sale by reducing your initial investment. Regardless of how quickly the economy rebounds, land will continue to increase in value as the available amount of it decreases. With reasons like these, perhaps the better question is not, “Why buy land,” but “Why buy anything but land?

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