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Icansee4miles
LSU Fan
Trolling the Tickfaw
Member since Jan 2007
14553 posts

Reasonable Rate for Listing Vacant Land on MLS?


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 It's not like they have to sell the outdated kitchen or the upgrades in trim inside the house.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?







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HeadyMurphey
LSU Fan
Los Santos
Member since Jan 2008
15642 posts

re: Reasonable Rate for Listing Vacant Land on MLS?


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.





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Icansee4miles
LSU Fan
Trolling the Tickfaw
Member since Jan 2007
14553 posts

re: Reasonable Rate for Listing Vacant Land on MLS?


I'll get one of my work peeps that make that drive to check it out. Thanks.





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barry
Cincinnati Fan
Location, Location, Location
Member since Aug 2006
37156 posts

re: Reasonable Rate for Listing Vacant Land on MLS?


I would imagine that they have people that specialize in rural tracts of land vs selling houses.





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dlambe5
LSU Fan
Prairieville
Member since Jul 2009
108 posts

re: Reasonable Rate for Listing Vacant Land on MLS?


Realtors can lower their percentage. 5% is common. My wife is a realtor.





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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
5879 posts
 Online 

re: Reasonable Rate for Listing Vacant Land on MLS?


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.






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Icansee4miles
LSU Fan
Trolling the Tickfaw
Member since Jan 2007
14553 posts

re: Reasonable Rate for Listing Vacant Land on MLS?


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.





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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
5879 posts
 Online 

re: Reasonable Rate for Listing Vacant Land on MLS?


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.






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756
LSU Fan
Member since Sep 2004
9318 posts

re: Reasonable Rate for Listing Vacant Land on MLS?


I suggest you contact some of the custom builders in your area-





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