How to Sell Your Wyoming Land Without a Realtor?

Return to Blog

Get cash offer for your land today!

Ready for your next adventure? Fill in the contact form and get your cash offer.

Thank you! We got your info and will reach out with any questions ASAP.
Oops! Something went wrong while submitting the form.
How to Sell Your Wyoming Land Without a Realtor?
By

Bart Waldon

Let's face it - selling land in Wyoming isn't exactly a walk in the park. But don't worry, we've got your back. Whether you're parting with a slice of prairie or a chunk of mountain paradise, this guide will help you navigate the wild west of land sales, realtor-free.

Before we dive in, let's talk Wyoming. This isn't just any state we're dealing with. We're talking about a place where the antelope really do play and the skies are not cloudy all day (well, most days anyway).

Now, here's something to chew on: according to the University of Wyoming, the average value of agricultural land in the state jumped by 8.5% from 2020 to 2021. That's right, folks - land here is hot property, averaging about $790 per acre. And get this - nearly half of Wyoming's land is privately owned. The rest? It's under the watchful eye of Uncle Sam or the state government.

The Wild Ride of Selling Wyoming Land

Look, we're not going to sugarcoat it. Selling land in Wyoming can be trickier than a bucking bronco. The market's about as predictable as Wyoming weather in spring. One day it's sunshine and flowers, the next you're knee-deep in snow.

Typically, selling a piece of vacant land can take anywhere from one to two years. Yeah, you read that right. It's not a get-rich-quick scheme, that's for sure. But for those with grit and patience, going the "For Sale By Owner" route can save you a pretty penny in realtor fees.

Why Go Solo? The Perks of Ditching the Realtor

  1. Keep more cash in your pocket: No realtor means no commission. Simple as that.
  2. You're the boss: From setting the price to deciding when to sell, you call the shots.
  3. Flex those negotiation muscles: Deal directly with buyers and potentially strike a better deal.
  4. Share your land's story: Nobody knows your property like you do. Use that to your advantage.

Your Step-by-Step Guide to Selling Wyoming Land

1. Figure Out What Your Land's Really Worth

First things first - you need to know what you're sitting on. Here's how to get a ballpark figure:

  • Play detective: Snoop around and see what similar plots in your area have sold for recently.
  • Hire a pro: Yeah, it'll cost you, but an appraiser can give you a solid number to work with.
  • Hit up the internet: There are websites that'll give you a rough estimate based on public data. Take these with a grain of salt, though.
  • Talk to the locals: Your county assessor or the folks at the land management office might have some insights.

Remember, land values can be as unpredictable as a Wyoming windstorm. Be ready to adjust your expectations as you go.

2. Spruce Up Your Land (Yes, It's a Thing)

You can't exactly stage an empty field, but you can make it look its best:

  • Clean it up: Haul away any junk or old equipment. First impressions matter, even with land.
  • Make it accessible: Is your land easier to reach than the top of Devil's Tower? If not, work on that access road.
  • Know your boundaries: Mark them clearly. The last thing you want is a dispute over property lines.
  • Get your paperwork ducks in a row: Gather all those boring but important documents like surveys and soil tests.

3. Show Off Your Land's Best Side

Time to put on your marketing hat:

  • Invest in good photos: This isn't the time for shaky smartphone pics. Get some professional shots that make your land look like a million bucks.
  • Consider a bird's eye view: Drone footage can give potential buyers a whole new perspective.
  • Tell your land's story: What makes your property special? Maybe it's got a natural spring, or the best view of the Tetons this side of Jackson Hole.
  • Map it out: People love visuals. Include maps and surveys so folks can really get a feel for your land.

4. Get the Word Out

Now, let's spread the news:

  • Go digital: List your land on websites like LandWatch or Zillow. These sites are like Tinder, but for land (and less swiping).
  • Harness social media: Facebook Marketplace isn't just for selling old couches. It's great for land too.
  • Don't forget the classics: A good old-fashioned "For Sale" sign can still work wonders.
  • Network, network, network: Tell everyone you know. Your hairdresser's cousin's friend might be looking for land.

5. Be Ready to Show Your Land Off

When potential buyers come knocking:

  • Be flexible: Be ready to show your land at the drop of a hat (or cowboy hat, in this case).
  • Know your stuff: Be prepared to answer questions about everything from water rights to local zoning laws.
  • Safety first: Meeting strangers in remote locations? Bring a buddy and let someone know where you'll be.

6. Negotiate Like a Pro

Here's where things can get tricky:

  • Know your bottom line: But also be open to reasonable offers.
  • Think beyond the price tag: Sometimes a quick close can be worth more than holding out for top dollar.
  • Be patient: Good negotiations are like good whiskey - they take time.

7. Seal the Deal

Once you've shaken hands on a deal:

  • Get legal help: A real estate attorney can save you from a world of hurt down the line.
  • Disclose, disclose, disclose: Be upfront about any issues with the land. It's not just good karma, it's the law.
  • Use a title company: They'll handle all the nitty-gritty of closing and make sure the money ends up where it should.

The Fast Track: Selling to Land Buying Companies

If all this sounds like more work than you bargained for, there's another option: selling to a land buying company. Outfits like Land Boss specialize in buying land directly from owners.

Sure, they might not offer top dollar, but here's what you get:

  • Speed: These guys can close a deal faster than a prairie dog can dive into its hole.
  • Cash in hand: No waiting around for buyers to secure financing.
  • Simplicity: They handle most of the paperwork and headaches.

It's worth considering if you value a quick, hassle-free sale over squeezing out every last penny.

Final Thoughts

Selling your Wyoming land without a realtor isn't for the faint of heart. It takes time, effort, and more patience than training a stubborn mule. But for those willing to put in the work, it can pay off.

Remember, the land market can be as unpredictable as Wyoming's weather. Whether you decide to go it alone or work with a land buying company like Land Boss, the key is to know what you want and be ready to adapt.

So saddle up, partner. With this guide and a bit of cowboy common sense, you're ready to ride off into the sunset - with a "SOLD" sign on your land and cash in your pocket.

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.

View PROFILE

Related Posts.

All Posts