The average cost to sell land by owner (FSBO) in New Hampshire is between 5% and 7% of the sale price. This includes the cost of marketing the property, preparing the necessary paperwork, and paying closing costs.
Here is a breakdown of the average costs associated with selling land by owner in New Hampshire:
- Marketing: 2-3% of the sale price
- Paperwork: $500-$1,000
- Closing costs: 2-3% of the sale price
Of course, the actual costs will vary depending on the size and location of the property, as well as the complexity of the sale.
Here are some tips for saving money when selling land by owner in New Hampshire:
- Do your research: Before you start marketing your property, take some time to research the market in your area. This will help you to set a realistic price for your property and to identify the best way to market it.
- Market your property effectively: There are a number of ways to market your property, including online listings, print ads, and open houses. Choose the methods that are most likely to reach your target buyers.
- Prepare the necessary paperwork: There is a fair amount of paperwork involved in selling land. Be sure to gather all of the necessary documents before you start marketing your property.
- Negotiate effectively: It is important to be a savvy negotiator when selling your property. Be prepared to walk away from the table if you don’t get the price you’re asking.
Selling land by owner can be a great way to save money on commission fees. However, it is important to be prepared for the work and time involved. By following these tips, you can increase your chances of a successful FSBO sale.