Don’t lose money auctioning off your land!

Hard rainTrue story….My friend, right here in Stark County Ohio, attended a real estate auction for a duplex home. On the day of the auction it was raining. He and one other person were the only two that showed up for the auction. He bought the property for substantially less than it was worth simply because it rained that day.

And it was only a few years ago that a golf course owner was very upset at the low, low price his golf course auction sold for. You can read about that story here.

An auction can last as little as twenty minutes from the time the bidding starts to the moment the property is declared sold. Twenty minutes is just 1,200 seconds. An Absolute auction, all sells to the highest bidder in just 1,200 seconds?

What if the person who would have otherwise been the highest bidder wasn’t there? What if during those brief few minutes, the otherwise highest bidder was at a dentist appointment or was picking up grandkids from their soccer practice or getting his car repaired?

We all lead busy lives. If the otherwise highest bidder simply couldn’t be there that day, are you certain you got the most money for your land sale?

Since it was an absolute auction that lasted only 20 minutes, you’ll never know who wasn’t able to attend or if you might have gotten more money from someone else.

Large Farm growing cornLarge acreage properties are worth A LOT of money. Are you certain that you want the entire sale, from start to finish, to be scheduled on a day and an hour that might be inconvenient for the person who would have otherwise been the highest bidder?

Imagine a different scenario. You list your property for sale with a land specialist Realtor such as Gary Howell and together you and he use a standard real estate listing on the MLS to advertise your property over the course of 30 days or more.

By doing so, you can give every possible buyer the opportunity to come out and walk the land and to see what your property is truly worth, on a day and time that is convenient to them.

Does the buyer have a dentist appointment on a Tuesday? No Problem, Gary Howell would be happy to show them your property on Wednesday.

Does the buyer need to pick up his grandkids from soccer practice at 3:00? No Problem, Gary Howell can invite them to come and see your land at an earlier time of the day.

Let’s be honest, if a buyer is willing to give you hundreds of thousands of dollars or more for your land, it’s reasonable that they should be allowed to come and see the property on a day and time that is convenient for them to do so. I, as a real estate professional, should not put demands on buyers saying, they must be here on a certain day and at a certain time or they’re gonna miss out.

I want you to get the most amount of money for your land, so I’m going to give opportunity for every interested buyer to make an offer.

land specialist realtor Gary HowellGary Howell is a farm and land real estate agent in Stark County Ohio and the surrounding area. He has sold hundreds of acres of land in northeast Ohio.

He understands about hunting properties, timber and farmland. He has worked with land owners in state and out of state. He can proactively lead and manage every aspect of a large acreage land sale including the hiring of foresters and surveyors. He has experience subdividing acreage and working with various county and city departments to step through the land splitting approval process.

Gary Howell has been a licensed real estate agent in the state of Ohio since 2019 and has been involved in land sales since 2017. He has sold big hunting properties, farmland and large acreage residential land.

He would be happy to help you get the most money for your large acreage property.

What to expect when working with land specialist Gary Howell

Step #1) Let’s have a conversation about your goals. Why do you want to sell your land? Understanding your goals helps me put together a customized sales strategy.

Step #2) Let’s find out what your land is worth. I do this by running an in-depth comparative analysis of sales in and around your property’s location. I use multiple sets of data to analysis property value and will personally visit the land and walk the property myself. This process can take between one to four days and allows me to arrive at a very confident conclusion.

Step #3) Let’s schedule an hour to get together or have a phone call. I’ll share with you my findings and we can talk more about your goals and how I can help you.

Step #4) We officially place your land up for sale via the MLS, which propagates out to over 250 other real estate listing websites.

Step #5) We begin the process of allowing prospective buyers to come and see the land. I recognize that many buyers are going to be represented by a residential real estate agent who may not have experience selling large acreage land. For this reason, I try, whenever possible to personally attend all showings.

This allows me to show the prospective buyers all the highlights, features and benefits of your land. I’m able to communicate where the property lines are and talk to them about easements, setbacks, farming schedules, CAUV recoupment and right-to-harvest. I also make sure that no one is injured while on your property. I guide them so that they don’t inadvertently touch an electrified fence, or accidentally disturb a big hornet’s nest.

There can be a lot of questions brought up during a showing that a residential realtor may not have knowledge of. For this reason, I try to attend every showing, especially if the property is big, complicated or has nuanced details.

Step #5) We begin to receive offers. You will have the opportunity to review each offer received.

Step #6) You get to select the offer that is best for you and your goals. And, unlike an auction, you are not obligated to sell. Using a traditional listing, you are free to reject the highest offer if you’re not happy with it.

Step #7) If you do accept an offer, the paperwork is signed and goes to the title company where they perform the actual work of transferring ownership. If dividing the property is part of the sales agreement, Gary Howell can organize and lead the subdivision process. Once everything is finalized, you will receive the proceeds of the sale from the title company and will have successfully sold your land.

If you are thinking about selling a large-acreage property in Stark, Wayne, Summit, Portage, Tuscarawas Counties or other nearby areas, fill out the form below.

or you can call or text me directly at (330) 880-6725