Information for Land/Lot Sellers

     In general, land prices are declining slowly. In the last 24 months, prices have declined 10 to 20%.  Sales rates have slowed down as builders get their inventories reduced. However, lots that are competitively priced and well-marketed are getting sold. Gopher Tortoises are becoming a factor in many land sales, often killing the sale- see my special section on Gopher Tortoises.   

     If you have a standard, non-waterfront, 10,000 square foot lot with no central water or sewer, your listing price should be between $15,000 to $20,000 in Port Charlotte and $19,000 to $22,000 in North Port.  Lots with central water or sewer usually get premiums of $1,000 to $2,000. Oversized lots and corner lots also get premium prices. Lots in the best zones of North Port and in deed-restricted communities sometimes get substantial premiums. Lots with scrub jay problems sell at a significant discount from non-scrub jay lots. If your lot is is in a zone without electric access, such as northeastern North Port,lots sell at substantial discounts to other North Port lots. 

     Making the move of choosing a specialist in building lots and investment property is your first step to insuring that you get the highest possible chance of selling in this challenging market. My marketing programs and experience will allow you rest easy knowing I'll get you the best price and quickest sale possible. 

    The first step in the process is to send me sufficient information about your lot or house ( Tax ID, street address, owner's name ) so I can identify and calculate a selling price for the property. You can contact me at 941-661-2577 or at abroslat@gmail.com . I will then recommend a selling price to you. Assuming we agree, I'll send you a listing agreement to sign and we'll start selling your property.  

    Offering owner financing can  help. Normally, sellers will offer three to five year financing with a 20 percent down payment. The seller gets a first mortgage on the property until the loan is paid. 

    If you have lot  on a canal or other waterfront, it is a good idea to get the lot cleared so buyers can see the water. I can help you find a company to get your lot cleared.

   My marketing effort includes heavy advertising on Realtor.com, Google Adwords,  and Zillow. 

Your closing costs will be:

-The real estate commission. My commission rate is 6 percent for lots or properties worth $20,000 or more.  For lots that are worth less than $20,000, my commission is 10% with a $400 minimum. My rates include a commission for the buying agent.  My rates are negotiable for multiple lot deals.

-Documentary stamps which are $0.70 per $100.00.

-Title Insurance and closing costs which usually are less than 1 percent of the selling price with a $500 minimum.

-Your pro-rata share of the current years property taxes.

-The payoff of any financing you have on the property.

Call me at 941-661-2577 or e-mail me at abroslat@gmail.com  or complete the form below and we'll get started selling your real estate.