Sell Land by Owner in Colorado - Guide to Selling Your Vacant Land

Traditional ways to sell land by owner in Colorado

If you're looking for a buyer for your Colorado property, you're going to need to market the property for sale in several ways. The land selling market is a bit different than the house market. Want to sell your Colorado land quickly? The best way to sell a piece of land is a combination of local outreach and online marketing. Since you're trying to sell land without a realtor, you're going to have to replicate many of the steps a real estate agent would take.

Attract buyers with a For Sale sign

A simple sign is a low-tech method to let passersby know that you're selling land. The point of a sign is simply to let people who are passing by know that your land is for sale. It also helps buyers to find your property.

A for sale sign helps to:

• Alert passersby that your land is for sale
• Help a potential buyer find the property

A neighbor may be interested in your vacant land

A For Sale sign is good for catching the attention of passersby. But wouldn't it be good if there was a way to reach everyone near your property? You can do that with a neighbor letter campaign. What do we mean by campaign? It's an organized way of sending out many letters at once.

The people living closest to your land are some of the most likely buyers. Through a neighbor letter campaign, you will get in touch with these potential buyers quickly and easily. For that reason, neighbor letters should be one of the first things you do when promoting your Colorado land.

List your Colorado land for sale online

After you have your sign up and have notified your neighbors, the next step is to list your land online.

Craigslist

With millions of visitors per month, Craigslist.org is one of the most visited websites in the US. If you only know Craigslist as a place to find a used sofa, there's much more to it. Craigslist is also home to millions of listings for properties.

The main reason to use Craigslist is that it has high traffic. It also has a specific category for placing a listing for land for sale, and it is free to use.

There are some downsides to the platform too. Craigslist attracts bargain buyers, so it's not the ideal website to use for selling the most valuable kinds of properties. There are also a lot of 'tire kickers' - people that will ask questions but are not serious about land buying.

Still, since it's free and allows you to create detailed land listings, it should be one of the first places you list your land for sale.

Facebook Marketplace

Facebook Marketplace is another free place to list your land for sale by owner. Facebook is used by approximately 200 million Americans, so it's not surprising that it's a great place to get exposure for your land listing.

The 'classifieds' area of Facebook is called Marketplace, where you can buy and sell just about anything, including real estate. But, there's no specific category for land.

The unique thing about Facebook is that people can share your ad with their friends who are looking for land. Facebook Marketplace encourages people to share your listing. It's also free!

Zillow

When it comes to buying or selling land online, many people first think of Zillow. Zillow is the number one most visited real estate website, with tens of millions of visitors every month.

Zillow makes it easy to create attractive real estate listings, like those offered by real estate agents. Zillow's interface makes it simple for you to connect with potential buyers. Also, it's free to post your listing on Zillow!

The main problem with Zillow is it makes it hard to find for sale by owner listings. That's because it prioritizes listings by real estate agents. That's why for many sellers, it may make sense to list your property for a flat fee on the MLS (described below). This will still get your listing on Zillow where it will be shown with listings from realtors.

Either way, as the number one real estate website it's an essential step in advertising your land for sale.

MLS

What is the MLS? MLS is the acronym used for multiple listing service, and there isn't just one MLS. Hundreds of MLSs cover various local areas and overlap each other. There are 30 local realtor associations across Colorado.

An MLS is simply a database for realtors to post their listings for sale. Other realtors participating in that MLS can view these listings through websites such as Zillow or Realtor.com. The public can also view these listings via the internet.

What you may not know is that listing on the MLS without a realtor is also an option. A flat fee MLS listing is when the seller pays a flat fee to a broker instead of a commission.

Paperwork for selling land in Colorado

Here's a brief overview of the documents required for selling a property:

• Getting things organized
• Preparing the contract
• Closing on the sale

For a complete guide, learn about the most important documents to sell land by owner in Colorado.

Before marketing the land for sale

The paperwork for selling your land by owner may start even before you market it for sale. These documents provide key information that a prospective purchaser will want to see. It will also show them that you have everything required to transfer the property to them. Here are a few of the most important ones:

Survey or topographical map of the property

It's often wise to have land surveyed once your decide to sell. The survey shows the property boundaries, and nearby objects, such as fences, trees, and buildings. Buyers will want to visualize these boundaries when considering their intended use.

Title to the property

Evaluating the title to your property early on is important when selling land. The title shows who owns the property, so it is important to understand who is on the title to ease the transfer of ownership. You don't want any uncertainty about who the rightful landowner of the property is. It's also important to know who is on the title before preparing the purchase and sale agreement.

List of assets to sell with the land

You may be selling the land along with the rights for other items included in the sale, such as farm equipment or timber stands. This often happens with ranch and farm sales in Colorado. Listing all the items included in the sale can help potential buyers understand what they are getting, and it can even speed up the sale process.

Contract to sell vacant land in Colorado

One of the most important legal documents for buying and selling land is the contract between buyer and seller. The purpose of the sale contract or purchase agreement is to create a legally binding land agreement between two parties. This document sets out the terms of the purchase, including price, closing date, and any contingencies.

In Colorado, you will find free contract templates provided by the state of Colorado Division of Real Estate. The public can use these contract forms which are available for download on the Division of Real Estate website.

For more detail, see our guide on how to fill out the Colorado contract to buy and sell land.

Closing on the sale of your land

In the closing statement, the financial details of a transaction are listed. This includes the amount of money paid by each party, as well as any taxes or fees associated with the sale. The closing statement ensures that both buyer and seller are aware of all costs involved in the sale of that transaction.

You may want to use a title company for the closing when selling land without a real estate agent. The title company can create the closing statement and prepare and record the deed for you. They will also transfer the purchase funds from the buyer to the seller when the deed is signed.

If you decide to prepare the deed yourself, you should be aware that under Colorado law certain rules apply for a deed to be considered valid:

1. Written document. The deed must be in writing to be effective.
2. Parties named. The deed must name the person or entity selling the property.
3. Consideration. There must be consideration in exchange for the property to be conveyed, although the consideration does not have to be money.
4. Conveyance. The deed must state the intent to transfer title.
5. Property description. The property must be described appropriately.
6. Signature. The seller (or grantor) of the property must sign the deed.
7. Delivery to and acceptance by buyer. In practice, delivery and acceptance is assumed when a deed is recorded in the county clerk's records.

Alternative - get a cash offer from a land buyer

Selling land in Colorado can be a complex process, but it doesn't have to be. If you're looking to sell your land quickly for a fair cash price, a land buyer can help you reach your goals without the hassle of dealing with a broker or real estate agent. Direct land buyers specialize in buying and selling land including vacant land, raw land, and agricultural land. They can help you sell your property quickly and easily, without the need to wait on banks or go through a traditional real estate transaction.

Our business buys land in Colorado as-is, so we're able to use a simple, one page land sale agreement in most cases. When you sell to a land buying company, you sell the property at a discount. But you won't have to pay any real estate commissions or closing costs. The other benefit of selling land for cash is that it's fast - usually the entire process takes less than two weeks.

If you'd like to find out more, consider selling your land fast by requesting a fair cash offer from us. We'll make you an offer for your land today! We can buy your land in Colorado for a fair price so you can move on with your life.

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Please consult your financial advisor, accountant, real estate attorney, or tax specialist. This article is for informational purposes and is not tax or legal advice.