Tips for Selling Recreational Land in Arkansas

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Tips for Selling Recreational Land in Arkansas
By

Bart Waldon

Let's face it - selling recreational land in Arkansas isn't always a walk in the park. But with the right approach, you can turn that patch of Natural State heaven into a successful sale. Whether you've got a hunter's dream tucked away in the Ozarks or a fisherman's getaway along the White River, this guide will help you navigate the sometimes tricky waters of the Arkansas land market.

Before we dive into the nitty-gritty of selling, let's get our bearings. Arkansas isn't called "The Natural State" for nothing. With nearly 19 million acres of forests covering about 56% of the state, we're talking serious potential for outdoor enthusiasts. That's a whole lot of trees, trails, and trophy bucks!

Now, here's something to chew on: according to the Arkansas Farm Bureau's 2023 Land Values report, pastureland values jumped up by 8.9% from 2021 to 2022, averaging $2,650 per acre. That's not pocket change, folks. It shows there's definite interest in Arkansas land, but it also means you've got to price your property just right to catch a buyer's eye.

Getting Your Land in Tip-Top Shape

First impressions matter, even when it comes to raw land. Here's how to make your property shine:

  1. Walk the Walk: Get out there and really know your land. Clear some trails, mark property lines, and identify those sweet spots that'll make potential buyers' eyes light up.
  2. Picture Perfect: Invest in good photos and maybe even a drone video. Show off that stunning view, the babbling creek, or the perfect spot for a future cabin.
  3. Paper Trail: Get your ducks in a row with all the necessary documents - deeds, surveys, tax records. Nothing kills a deal faster than missing paperwork.
  4. Fix It Up: No need to build a luxury resort, but a little TLC goes a long way. Clear some brush, fix that old gate, or put in a simple gravel parking area.

Pricing: The Goldilocks Zone

Here's the tricky part - pricing your land just right. Too high, and you'll be sitting on it longer than a bullfrog on a lily pad. Too low, and you might leave money on the table.

Remember, the land market can be as unpredictable as Arkansas weather. What worked last year might not fly this year. Do your homework:

  • Check out similar properties in your area. What are they asking? What actually sold?
  • Consider getting a professional appraisal. It might cost a bit upfront, but it could save you headaches down the road.
  • Be honest about your land's strengths and weaknesses. That creek might be gold to a trout fisherman, but a swampy corner could be a turn-off for some buyers.

Spreading the Word: Marketing Magic

Now, let's talk about getting eyes on your property. Selling land isn't like selling a house in town - you've got to cast a wider net:

  1. Go Digital: List your property on popular real estate websites. Create a killer online listing with those great photos and videos you took.
  2. Social Butterfly: Use social media to your advantage. Share your listing in local outdoor, hunting, or fishing groups.
  3. Old School Still Works: Don't neglect traditional methods. A well-placed "For Sale" sign can catch the eye of a passing hunter or hiker.
  4. Know Your Audience: Tailor your marketing to the type of buyer you're after. Hunters will want to know about game populations. Conservationists might be interested in the land's ecological value.

The Waiting Game

Here's the hard truth - selling land often takes time. We're talking months, sometimes even a year or two. It's not unusual for a piece of vacant land to sit on the market for 12-24 months.

But don't let that discourage you. Use this time wisely:

  • Keep your property maintained
  • Stay flexible on price and terms
  • Be open to different types of buyers. You never know who might fall in love with your land

Dealing with Offers: Keep an Open Mind

When those offers start rolling in, remember:

  • A lowball offer isn't necessarily an insult. It could be the starting point for negotiation.
  • Be open to various types of offers, including owner financing or partial trades.
  • Consider the buyer's intentions. Sometimes a lower offer from someone who'll cherish the land is better than a higher offer from a developer who'll change its character.

The Fast Track Option

If all this sounds like more hassle than you're up for, there's another route. Companies like Land Boss (that's us!) specialize in buying land quickly, often with cash. We've been at it for 5 years, closing over 100 land deals. It might mean selling at a discount, but for some folks, the speed and simplicity are worth it.

Final Thoughts

Once you've got a solid offer, it's time to close the deal. This is where the professionals come in handy:

  • A good real estate attorney can navigate Arkansas's land laws
  • A tax pro can help you understand the tax implications of your sale
  • If you're not using a land-buying company, a realtor experienced in land sales can be worth their weight in gold

Remember, selling land in Arkansas is a bit of an art form. It takes patience, flexibility, and a good dose of local knowledge. But with these tips in your back pocket, you're well on your way to a successful sale. Whether you're looking to cash out quickly or hold out for top dollar, there's a strategy that'll work for you.

So get out there, show off your little piece of Arkansas paradise, and happy selling!

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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