Do you have questions about how to sell your vacant land?
Great! Here are answers to common questions.
Maybe you have a few questions. Most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us.
Q: Do you pay competitive prices for land?
A: Yes. The prices we pay are fair and a win-win for both parties. We do not pay retail, however, that cost can be made up when you factor in the fact that we charge ZERO in commissions, plus we pick up all associated administrative and closing costs. In addition, we close very quickly because we are paying in cash. This saves you money by shortening the period of time in which you are responsible for taxes, assessments, and maintenance of the property. Remember, the land market is very slow, selling the traditional way, and using a realtor to find a buyer can take months, if not longer. Costs incurred over this time can add up fast. Before binding yourself to a realtor, get our offer and run the numbers for yourself.
Q: How do you establish the value for an undeveloped piece of land?
A: Our process is very clear and straight forward. We look at what other properties are selling for, and what the market suggests they will do in the future. We calculate the market there is for land of this type and the amount of marketing resources we’ll need to put into the transaction to re-sell your property to an end buyer. Finally it is our profit. We earn a fair profit for this service and want you to walk away knowing that you reached your goals. When you get an offer from PREAM Lands, we will fully explain how we have come up with it.
Q: Are there ANY hidden costs or fees?
A: Never. Not a dime. What we offer you is what you will take home.
Q: What makes us different?
A: We are direct buyers. We strive to make our contracts and process crystal clear. We buy land that is not being used in an effort to help it see it’s greatest potential. Let’s say your lot is located in suburbia. We will hopefully resell the lot to someone who is just waiting to build their dream house on it. Our goal is to help property owners feel elated by their real estate decisions. If you do have a piece of land that is doing nothing for you, maybe we can help you with the cash to find something better suited for YOUR needs.
Real estate agents list properties (often at inflated prices) in hopes that someone will buy them, and they will get their hefty commission. You will have to sign a contract, binding you to them for a certain amount of time. You will own them their commission no matter how the property is sold, even if you find the buyer yourself.
Q: If I Get An Offer, Is There an Obligation?
A: Absolutely Not. Once you tell us a little about your property we will then study the market and comparable properties. Within 48 hours we will have an offer for you. It is completely up to you if you decide to sell or not. There is no risk, obligation or hassle.