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How to successfully sell your land fast in texas

Author: Garner & Associates Auctioneers
by Garner & Associates Auctioneers
Posted: Jan 20, 2018

Vacant land is a great asset to acquire and own. Conversely, it is a great piece of possession to sell if you find yourself in need of funds. However, it can often be a challenge to get land to sell in a timely fashion – it is often not easy to find buyers. You need to publish advertisements over various media, then wait for potential buyers to respond – but that is not all; getting calls does not necessarily mean that the buyer will finalize the purchase. If you cannot afford to spend so much time marketing to potential buyers, you should consider selling your land in Texas through auction. Texas auctioneers are very skilled at making the sale in a timely manner and with a good price. Here is a guide on how to successfully sell your vacant land fast in Texas through auction.

First off you need to understand what kind of properties can be put up on auction. Properties up for investments, developmental sites, farms, vacant land, properties with short leases, etc., can all be sold through auctioning. The trick here is to find a Texas auctioneer who can help assess the best value of the land and adopt the best methods of advertising the property up for sale. He should be able to highlight all the great things about the property to be sold – after all, marketing right is extremely important. All the information you need for the marketing campaign of your property would be required at least six weeks in advance, because publishing and distribution takes some time.

The reserve price for your property will then be decided upon, at least a few days before the auction is supposed to take place. This will ensure that you get the benchmark price for your property, and something additional.

Auctioning is based on the principle of same-day sale. There is no waiting involved, and the buyers that come are usually ready with a payment worth at least 10% of the final selling price upfront. The rest of the payment is pre-arranged to be complete later – which means payment is guaranteed.

If you wish to successfully sell your vacant land in Texas, auctioning is definitely the best option if you want to do it fast. There are a hoard of benefits you get, including prompt sale, no time waste and fixed price.

About the Author:

Ronnie Garner Sr. is a professional auctioneer based in Waco Texas with more than 35 years of auction experience. He is a former board member and President of the Texas Auctioneers Association who prides himself on providing the most professional, efficient auction service available.

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Author: Garner & Associates Auctioneers

Garner & Associates Auctioneers

Member since: Jan 19, 2018
Published articles: 2

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