The cost of selling land by owner (FSBO) can vary depending on a number of factors, such as the location of the property, the condition of the property, and the marketing efforts that you undertake. However, you can expect to save some money on commissions by selling your land FSBO.
Here are some of the costs that you may incur when selling land FSBO:
- Marketing: You will need to spend some money on marketing your property, such as placing ads in newspapers or online.
- Closing costs: There are a number of closing costs that you will be responsible for, such as title insurance and recording fees.
- Repairs: If your property needs any repairs, you will need to pay for these out of pocket.
It is important to factor in all of these costs when you are deciding whether or not to sell your land FSBO.