The Process of Selling Land in Washington

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The Process of Selling Land in Washington
By

Bart Waldon

If you've got a patch of Washington soil to sell, you're in for an interesting journey. The Evergreen State's land market is as diverse as its landscapes, from the misty coast to the sun-baked east. Before we dig into the how-to's, let's look at some real numbers that might surprise you.

Back in 2017, Washington's farmland covered a whopping 14.6 million acres. That's no small potatoes – it's about the size of Croatia! The average farm sprawled across 410 acres, and get this: Washington's farmers pulled in $9.6 billion from their crops and livestock that year. These figures from the 2017 Census of Agriculture show just how valuable Washington land can be.

Now, whether you're looking to sell a cozy acre in the suburbs or a vast stretch of rural paradise, you'll need to know the ropes. Let's break it down, shall we?

Understanding Washington's Land Market

Washington's land scene is a mixed bag. You've got the tech-driven west side, where even a small lot can fetch a pretty penny, and the agricultural powerhouse of the east, where acres of wheat stretch to the horizon.

Lately, we've seen folks eyeing both rural retreats and urban development spots. With more people working from home, that quiet piece of land in the boonies is looking mighty appealing to city dwellers.

But here's the kicker – land values can be as unpredictable as a pop-up thunderstorm on Mount Rainier. One minute you think you know what your property's worth, the next minute the market shifts. It's enough to make your head spin.

Step 1: Size Up Your Land

First things first – you need to figure out what you've got. This isn't as simple as slapping a price tag on a house. Here's what to consider:

Location Matters

  • How close are you to civilization? (And by civilization, we mean good coffee and fast internet)
  • Is there decent road access, or do you need to channel your inner Lewis and Clark to reach the property?
  • What can buyers actually do with the land? Zoning laws can make or break a sale.

The Land Itself

  • Is it flat enough to build on, or more suited for mountain goats?
  • Any water features? A creek or pond can be a big selling point.
  • Are there any protected critters calling your land home? Spotted owls or salmon streams can complicate things.

Market Vibes

  • What are similar properties going for?
  • Is there a land rush in your neck of the woods, or are buyers scarce?

It might be worth bringing in a pro appraiser. They know the local market inside and out and can give you a solid starting point.

Step 2: Polish Your Property

Even if your land is au naturel, a little TLC goes a long way:

  • Clear out the junk. That old tractor might be "vintage charm" to you, but it's probably just an eyesore to buyers.
  • Mark your boundaries clearly. It'll save headaches down the road.
  • If access is tricky, consider creating a basic road. Nobody wants to bushwhack their way to their potential purchase.

Gather all your paperwork too. Deeds, surveys, soil tests – the whole nine yards. Being prepared will make you look like you've got your act together.

Step 3: Pick Your Selling Strategy

You've got options when it comes to getting your land off your hands:

Do-It-Yourself Pro: You keep all the profit. Con: It's a lot of work, and you might end up feeling like you need a real estate degree.

Team Up with a Realtor Pro: They know the market and have connections. Con: You'll be paying a commission, usually around 6-10% of the sale price.

Sell to a Land Buying Company 

Outfits like Land Boss specialize in buying land directly. It's often quicker and easier, but you might not get top dollar. Think of it as the fast food of land sales – convenient, but maybe not gourmet prices.

Go Digital 

There are online platforms specifically for land sales. Great for reaching a wider audience, especially if your land has a unique appeal.

Step 4: Shout It from the Rooftops (or at least online)

Time to let the world know about your slice of Washington:

  • Get some killer photos. Drone shots can really show off your land's best features.
  • Write a description that paints a picture. "10 acres of possibility" sounds a lot better than "empty lot for sale."
  • Spread the word online. Use real estate websites, social media, and local forums.
  • Don't forget the old-school methods. A well-placed "For Sale" sign can catch the eye of a passing dreamer.

Selling land often takes more elbow grease than selling a house. Be ready to put in the effort to get your property noticed.

Step 5: Navigate Negotiations

Once the offers start coming in, it's time to put on your poker face:

  • Know your bottom line before you start talking numbers.
  • Look at the whole package, not just the price. A quick, cash sale might be worth more than a higher offer with strings attached.
  • Don't take low offers personally. They're just a starting point for negotiation.
  • Be patient. Selling land can take time – sometimes a year or two. It's not a sprint, it's a marathon.

Step 6: Cross the Finish Line

Once you've shaken hands on a deal, the real paperwork begins:

  • The buyer will want to do their homework. They'll probably check for liens, do environmental assessments, maybe even bring in surveyors.
  • If they're getting a loan, their bank will likely want an appraisal.
  • You might need to do some back-and-forth on contingencies. It's normal, don't sweat it.

When it's finally time to close, make sure you've got a good real estate attorney in your corner. Washington land laws can be tricky, and you want someone who knows their stuff.

The Washington Twist: Special Considerations

Selling land in Washington comes with its own quirks:

  • The weather can be a factor. That parcel might look a lot more appealing in July than in November.
  • Water rights can be a big deal, especially east of the Cascades. Know what rights come with your land – it could be a major selling point.
  • Washington has some strict land use laws. Make sure you're clear on what can and can't be done with your property.
  • Financing for land can be tougher than for houses. Be prepared for buyers to face some hurdles with their banks.

The Express Lane: Selling to Land Buying Companies

If all this sounds like more hassle than you're up for, consider selling to a land buying company like Land Boss. Here's the deal:

  • It's fast. No messing around with months of showings and negotiations.
  • It's simple. They handle most of the paperwork and logistics.
  • It's a sure thing. With a cash offer, you don't have to worry about deals falling through.
  • They buy as-is. No need to pretty up your property or clear out that old junk pile.

The trade-off? You might not get the absolute top market price. But for many sellers, the speed and simplicity make it a worthwhile option.

Final Thoughts

Selling land in Washington is a bit like navigating the Columbia River – there are twists and turns, but with the right approach, you'll reach your destination. Whether you go it alone, team up with a pro, or take the express route with a land buying company, understanding the lay of the land is key.

Remember, every piece of property is unique. What works for a vineyard in Walla Walla might not fly for a lakefront lot in Chelan. Take the time to really understand your land and your options.

At the end of the day, whether you're offloading a small suburban lot or a vast expanse of timberland, the key is to approach the process with clear eyes and realistic expectations. With the right approach and a bit of that famous Pacific Northwest grit, you'll be signing those closing papers before you know it.

So go ahead, plant that "For Sale" sign and get ready for your next adventure. Your slice of Washington is waiting to make someone else's dreams come true.

Frequently Asked Questions (FAQs)

How long does it typically take to sell land in Washington? 

Well, that's the million-dollar question, isn't it? The truth is, it varies wildly. Some lucky folks might seal the deal in a few months, but don't be surprised if it takes a year or two. Vacant land often sits on the market longer than homes. Location, price, and current market conditions all play a role. If you're in a hurry, you might want to consider selling to a land buying company – they can often close much faster, though you might not get top dollar. 

Do I need to make any improvements to my land before selling? 

It depends on what you're working with. If you've got a jungle out there, clearing some paths and marking boundaries can go a long way. But don't go overboard – most buyers want a blank canvas. Focus on access: if your property is hard to reach, creating a basic road could be a game-changer. Oh, and gather all your paperwork – surveys, soil tests, the works. Buyers love a seller who's got their ducks in a row. 

How do I determine the right price for my land? 

It's trickier than pricing a house, that's for sure. Start by looking at similar properties in your area that have sold recently. But remember, land is unique – your parcel might have features that make it more (or less) valuable. Consider getting a professional appraisal. They know all the local factors that can affect land values. And be realistic – overpricing can leave you twiddling your thumbs for months.

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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