When it comes to selling your land, you might consider foregoing professional help to avoid paying a commission. However, it's best to let a land broker take the reins for numerous reasons. With prior knowledge and experience in real estate property transactions, they will find a suitable buyer to maximize your profit. For further incentive to reach out to a broker, here's a closer look at what they do and the types of transactions they handle. 

What Does a Land Broker Do?

Land brokers are real estate agents who have received additional training to attain a state-issued real estate broker license. With this license, a broker can work independently without the backing of a firm. Managing and designated brokers can also handle administrative duties in firms and make sure licensed real estate agents adhere to state and federal laws during land transactions.   

A broker takes wildlife protection, permitting, zoning concerns, and additional factors into account to determine the value of a client's land before it is put on the market. They create the real estate listing and promote it in various outlets to garner interest from developers and other potential buyers. 

Acting on behalf of their client, the broker also shows prospective buyers the land for sale and serves as the point of contact when offers are made. When the client is ready to accept an offer, the broker will handle negotiations while ensuring the transaction is compliant with current real estate legislation.

What Types of Transactions Do Land Brokers Oversee?

Brokers who specialize in land transactions often handle the sale of farms and ranches. Their knowledge of crop rotations, water rights, and current Environmental Protection Agency regulations puts them in a position to evaluate properties, serve as liaisons between the seller and the surrounding community, and facilitate a smooth property transfer to the new owner. 

Professionals also remain up to date on business development and residential growth patterns in up-and-coming communities to determine when a seller should put their undeveloped tract on the market. Land brokers research which approved land uses are economically viable to determine what type of buyer to attract, whether it's for a subdivision, commercial lot, or farm acreage.

If you want to sell your land, the professionals at High Point Land Company in Stewartville, MN, are eager to assist. They provide land appraisals and additional real estate services to match sellers with the right buyers. Visit the land company online for an in-depth look at the solutions they offer to property owners in Iowa, Wisconsin, and Minnesota. Find land auction announcements on Facebook, and call (507) 218-1243 to arrange a consultation with a team member.