10 Ways to Sell Your Land Faster in North Dakota

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10 Ways to Sell Your Land Faster in North Dakota
By

Bart Waldon

North Dakota - the land of wide-open spaces, golden wheat fields, and oil rigs dotting the horizon. It's a place where the pioneering spirit is still alive and well, especially when it comes to land ownership. But if you're looking to part ways with your slice of the Peace Garden State, you might find that selling land here isn't always as smooth as a Red River Valley harvest.

Let's talk numbers for a second. According to the USDA's National Agricultural Statistics Service, North Dakota's farm real estate value averaged $2,350 per acre in 2023. That's a 6.8% jump from 2022 - not too shabby, right? But here's the kicker: despite this upward trend, selling land in North Dakota can still be trickier than navigating a spring thaw in the Badlands.

Why? Well, for starters, the land market is about as predictable as a North Dakota winter. One minute you're basking in the glow of high commodity prices, the next you're weathering a downturn that could make a tumbleweed look stable. Add to that the fact that each parcel of land is as unique as a Roughrider's saddle, and you've got yourself a real head-scratcher when it comes to selling.

But don't worry, we've got your back. Whether you're looking to offload some farmland near Fargo, sell a hunting property in the Turtle Mountains, or part with an undeveloped lot in Bismarck, we've rounded up ten tried-and-true strategies to help you sell your land faster.

1. Price It Right, or It'll Sit Tight

First things first - let's talk price. Setting the right price for your land is trickier than perfecting Grandma's lefse recipe. Price it too high, and potential buyers will scroll right past your listing faster than a tumbleweed in a prairie wind. Too low, and you might as well be giving away the family farm.

So, how do you find that sweet spot? Start by doing your homework:

  • Check out what similar parcels have sold for recently. Maybe that quarter section down the road went for a pretty penny last fall?
  • Consider getting a professional appraisal. Yes, it'll cost you a bit upfront, but it could save you headaches (and dollars) down the road.
  • Don't forget to factor in any unique features. Got a natural spring on your property? That could be liquid gold to the right buyer.

Remember, the land market can be as fickle as North Dakota weather. Be ready to adjust your price if you're not getting any bites. It's all about finding that Goldilocks zone - not too high, not too low, but just right.

2. Spruce It Up (Yes, Even Empty Land)

Now, I know what you're thinking - "It's just land, how am I supposed to make it look pretty?" Well, while you can't exactly stage an empty field like you would a house, there are still ways to make your property more appealing:

  • Clear out any junk or debris. Nothing says "neglected property" like old farm equipment rusting away in a corner.
  • Mow or bush-hog if needed. A well-maintained property shows potential buyers you've taken good care of the land.
  • If you've got a gnarly access road, consider grading it. First impressions matter, even if that impression is just how smooth the ride is to view the property.

Remember, you want potential buyers to see the possibilities, not the problems. A little elbow grease can go a long way in making your land look like a diamond in the rough, rather than just... rough.

3. Put Together a Land Package That Wows

When it comes to selling land, information is king. The more details you can provide upfront, the easier it'll be for potential buyers to fall in love with your property. Put together a comprehensive land package that includes:

  • Clear boundary maps (bonus points if you've had a recent survey done)
  • Soil reports - especially crucial if you're selling farmland. Buyers will want to know if they're getting prime Red River Valley soil or something a bit more... challenging.
  • Details on utilities and access. Is there power to the property? How's the cell service? (We all know how spotty that can be in parts of North Dakota!)
  • Zoning information and potential uses. Can they build their dream home? Start a bison ranch? Open the next big agritourism destination?

The goal is to answer questions before they're even asked. The more information you provide, the more confident buyers will feel about making an offer.

4. Embrace the Digital Age

These days, your land's first showing is likely to be online. Make sure you're putting your best foot forward in the digital world:

  • Get your property listed on popular real estate websites. The more eyes on your listing, the better.
  • Consider creating a simple website for your property. It doesn't have to be fancy - just a place where interested buyers can find all the info they need.
  • Use social media to your advantage. A well-timed Facebook post about your property could catch the eye of a potential buyer scrolling through their feed.
  • Invest in good photos and videos. Drone footage can be especially effective for showcasing larger parcels. Show off that North Dakota big sky!

Remember, in today's world, your land needs to look good on a screen before anyone will come see it in person.

5. Network Like a Pro

In North Dakota, sometimes it's not what you know, but who you know. Start spreading the word about your land:

  • Chat up your local ag extension agent. They often have their finger on the pulse of who's looking to buy.
  • Don't be shy about mentioning your sale at the local cafe or grain elevator. You never know who might be in the market or know someone who is.
  • Connect with real estate agents who specialize in land sales. They might have a buyer in mind already.

Word of mouth is still a powerful tool in North Dakota. Use it to your advantage!

6. Consider an Auction

Land auctions are about as North Dakota as hot dish at a church potluck. They can be an effective way to sell, especially for ag land. Here's why they might work for you:

  • They create a sense of urgency. When the gavel's about to fall, buyers are more likely to up their bids.
  • They can attract serious buyers. People who show up to auctions usually mean business.
  • In a hot market, you might end up with a higher price than you expected.

Just make sure you work with a reputable auction company. A good auctioneer is worth their weight in North Dakota crude oil.

7. Offer Owner Financing (If You Can Swing It)

In today's tight credit market, offering owner financing can be like dangling a juicy worm in front of a hungry walleye. It can:

  • Open up your pool of potential buyers
  • Potentially lead to a quicker sale
  • Give you a steady income stream (if that's something you're interested in)

Just make sure you dot your i's and cross your t's legally. You don't want to end up in a situation stickier than a jar of chokecherry jelly.

8. Highlight the Potential

Don't just sell the land - sell the dream! Help potential buyers see what's possible:

  • If it's farmland, talk about crop yields or grazing capacity. Maybe mention how well sunflowers grow in that soil.
  • For recreational land, highlight hunting or fishing opportunities. North Dakota's known for its great outdoors, after all.
  • If it's near a growing area, mention development potential (if zoning allows, of course).

Paint a picture that gets buyers excited about the possibilities.

9. Be Flexible with Showings

When someone wants to see your land, be as accommodating as you can:

  • Offer to meet potential buyers at odd hours if needed. They might be driving in from out of state, after all.
  • Be prepared for last-minute requests. You never know when the right buyer might be passing through.
  • Make sure you've got clear directions ready. GPS isn't always reliable in the more remote parts of the state!

The easier you make it for people to see your land, the more likely you are to find a buyer.

10. Consider a Land Buying Company

If all else fails and you're looking for a quick, no-fuss sale, consider selling to a company that specializes in buying land. Companies like Land Boss, which has been around for 5 years and completed over 100 land transactions, can offer some advantages:

  • They often make cash offers, which means a faster close.
  • They'll usually buy the land as-is, so you don't have to worry about making improvements.
  • The process is often simpler, with less paperwork and haggling.

Sure, you might not get top dollar, but for some folks, the speed and simplicity are worth it. It's like selling your old pickup - sometimes it's easier to trade it in at the dealership than to spend months trying to sell it yourself.

Final Thoughts

Selling land in North Dakota doesn't have to be harder than getting through a winter in Williston. With these strategies in your toolbelt, you'll be well-equipped to navigate the quirks of the North Dakota land market. Just remember - every piece of land is unique, and what works for selling a wheat field in Walsh County might not work for a hunting property in the Badlands. Stay flexible, stay informed, and don't be afraid to adjust your strategy if needed.

With a little patience and the right approach, you'll be closing the deal on your land sale faster. And hey, if all else fails, there's always next season - that's the North Dakota way, after all.

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.

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