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Reasonable Rate for Listing Vacant Land on MLS?
Posted on 11/19/12 at 7:21 am
Posted on 11/19/12 at 7:21 am
I've been trying to sell some acreage on FSBO, but haven't had many bites. )I know it's a bad time of year)
I just have a problem paying 6% for someone to list. There isn't really anything to sell, either someone likes the location and the parcel and we deal. It's not like they have to sell the outdated kitchen or the upgrades in trim inside the house. Do realtors have any wiggle in what they charge? Seems as if the big guys don't, but again, I'm just trying to get it listed to increase exposure, not thinking someone is going to spend a ton of time showing, I mean, driving someone by. Anyone know someone in BR that would take a more modest cut in return for it being virtually free money?
I just have a problem paying 6% for someone to list. There isn't really anything to sell, either someone likes the location and the parcel and we deal. It's not like they have to sell the outdated kitchen or the upgrades in trim inside the house. Do realtors have any wiggle in what they charge? Seems as if the big guys don't, but again, I'm just trying to get it listed to increase exposure, not thinking someone is going to spend a ton of time showing, I mean, driving someone by. Anyone know someone in BR that would take a more modest cut in return for it being virtually free money?
4
Posted on 11/19/12 at 7:50 am to Icansee4miles
There is a sign on Highway 16 near Magnolia Beach road that says any MLS listing for $595 until it is sold. Forgot who it is with though.
Posted on 11/19/12 at 8:55 am to HeadyMurphey
I'll get one of my work peeps that make that drive to check it out. Thanks.
Posted on 11/19/12 at 9:19 am to Icansee4miles
I would imagine that they have people that specialize in rural tracts of land vs selling houses.
Posted on 11/19/12 at 11:17 am to Icansee4miles
Realtors can lower their percentage. 5% is common. My wife is a realtor.
Posted on 11/19/12 at 12:32 pm to Icansee4miles
Just FYI vacant land in many cases is harder to move than property with dwelling.
Now if its cleared, recent survey, been perked, zoning specs, etc... And there's movement in market where land is that's one thing, but just trying to sell someone's over run property in middle of nowhere can be more work than less.
If you pay to stick on MLS, my advice is offer 3% to agent bringing an accepted offer.
Now if its cleared, recent survey, been perked, zoning specs, etc... And there's movement in market where land is that's one thing, but just trying to sell someone's over run property in middle of nowhere can be more work than less.
If you pay to stick on MLS, my advice is offer 3% to agent bringing an accepted offer.
Posted on 11/19/12 at 9:59 pm to ItNeverRains
It's an improved, acreage lot, in a very desirable residential area in town. I am not in a huge hurry to sell, so it might take longer, but in no way can it be harder to sell than a house.
Posted on 11/20/12 at 6:53 am to Icansee4miles
quote:
It's an improved, acreage lot, in a very desirable residential area in town. I am not in a huge hurry to sell, so it might take longer, but in no way can it be harder to sell than a house.
All things being equal, I will sell 10 houses before one land parcel.
Posted on 11/20/12 at 5:05 pm to Icansee4miles
I suggest you contact some of the custom builders in your area-
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