Selling rural property

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Re: Selling rural property

Post by Bitte_Kein_Lexus »

Rode around the neighborhood and look for signs of land for sale or even just ask around. It's quite hard to establish a real market price here, as people put properties for sale at all sorts of ridiculous prices. The cheapest or near cheapest you see is usually the actual going price when it comes to land that actually sells. The rest is people "fishing". So go around and average it out. You might see stuff from say, for example, 30-90$/sqm, then 30-40 is likely the sellable price (taking other things into account of course: road quality/size, location etc).

As for finding a buyer, you can advertise with a sign, but if it's a booming area a real estate agent will likely steal it, or most of the callers will be real estate agents.
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Re: Selling rural property

Post by Khmu Nation »

If you think the plot is excellent and it's something you really want then don't degrade yourself with bartering and pay whatever they ask for - in reason. There's good reason for this. By doing so you inflate all the local land values once word gets out what the land went for.
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