Do you own remote land in Alaska or the surrounding areas? Owning land can be a wise strategy, but if it’s not generating any revenue, it might be advantageous for you to consider selling it. Perhaps you’re growing weary of the taxes you have to pay on an unproductive piece of land. If so, it’s time to capitalize on its value and redirect that money into more lucrative investments. In the following sections, we will explore effective methods to sell your remote land in Alaska, taking steps to ensure the best possible results are obtained.
Look for the Right Buyers
The process of selling remote land in Alaska differs significantly from selling residential or commercial properties. Without any structures on the land, the potential pool of buyers becomes limited, as fewer individuals actively seek out undeveloped land. To attract interested buyers, it becomes essential to target and market specifically to this niche of land buyers. It’s important to note that selling a fully furnished and ready-to-move-in household has more appeal compared to selling a vacant piece of land.
If you decide to work with a real estate agent to sell your remote land in Alaska, it’s important to find someone who specializes in dealing with land sales. You want an agent who knows exactly how to market your property to the right buyers at the right time. They can help you get a special listing on land-specific websites, although there might be a small cost involved. Another way they can assist you is by ensuring the land is presented in its best possible condition. Consider having a survey done and clearly marking the property boundaries. This way, potential buyers will know exactly what they’re getting, and it’ll catch the attention of anyone passing by.
Understand the Zoning Laws
Do you happen to know the zoning laws that apply to your remote land in Alaska? It’s a good idea to have a solid grasp of what you can and cannot do with your property when you’re planning to sell it. Before you proceed with selling your remote land in Alaska, take a moment to reflect and ask yourself the following questions:
- Are there any local building restrictions?
- How is the land zoned?
- Is it economical to develop the land?
- Does the lot have water and electrical hook-ups or is it raw land?
- How large is the property and does it require special access?
In Alaska, as a landowner, you have the option to seek exceptions or request changes in zoning regulations for your property. This means that even if your land isn’t currently zoned according to your potential buyer’s preferences, all hope is not lost. There is a possibility for it to be modified to align with their vision. Before you proceed with selling your remote land in Alaska, it’s essential to have a good understanding of what can be done with it. While buyers should do their own due diligence, being aware of the property’s potential will help you be better prepared for the selling process. Here at Anchorage Home Buyers, we are more than happy to assist you in learning more about the zoning laws that apply to your property. Don’t hesitate to reach out to us to explore the valuable services we offer.
Skip the MLS Altogether
While the Multiple Listing Service (MLS) can be a valuable platform for selling houses, it might not always be the best choice when it comes to listing your remote land in Alaska. Working with a real estate agent in Alaska can be expensive, as it often involves commissions, closing costs, marketing expenses, listing fees, and even additional cleanup costs. Moreover, many agents tend to focus more on single-family homes and commercial properties rather than remote land sales. On the other hand, selling your land directly to the right buyer can be a cost-free option that saves you both money and time. However, it’s essential to be cautious because not all buyers are reliable or experienced in dealing with land transactions. It’s important to work with Anchorage Home Buyers to ensure a smooth and successful sale of your remote land in Alaska.
Compare Your Options
There are many ways that you can sell remote land in Alaska. Get out your calculator and run the costs for yourself. While an agent can encourage you to list for a higher price, that doesn’t mean you’ll find a qualified buyer who is willing to pay. Plus, you will be faced with marketing fees, holding costs, and agent commissions. By avoiding the MLS and selling the land on your own, you can potentially save time and money on the deal. When selling any piece of real estate, take the time to compare all of your options so that you can choose the one that will help you meet your goals.
How Anchorage Home Buyers Can Help You Sell Your Remote Land in the Alaska Area
Ready to sell your remote land in Alaska? Reach out to our team to learn more about the current market for land in the area, and to get an offer from our team. We are happy to answer any questions you have about selling land in Alaska. Give us a call today to learn more! (907) 331-4472