FAQ

Do you have questions about our land buying process?

Answers to common questions

If you have additional questions that are not listed here, you can send us a message using this form (or give us a call) and we’ll be happy to answer it for you.
A: Brightside Land is a family owned real estate investment company that primarily buys vacant/raw/undeveloped land in almost any location. Our mission is to help land owners by buying their unwanted property (usually in 2-3 weeks) with zero commissions, zero fees, and zero hassles! We make you an offer and you can decide if it’s right for you or not. No obligation. You can accept it or reject it (don’t worry, you won’t hurt our feelings)
A: Brightside Land strives to make selling your land as easy for our sellers as possible. We offer a fast cash transaction without a bunch of contingencies that other buyers might throw out there during negotiation. We also want to be as transparent as possible with you, keeping you informed each step of the way. We’ll reach out to you via your most preferred communication method to let you know when each milestone has been achieved during the sale of your land. If you aren’t happy during the process, then we haven’t done our job correctly.
A: We really don’t need much! Our Sell My Land Form only requires you to list the name the land property is listed under with the county, your contact information, and the state and county the property is located in. Adding additional information is recommended and filling out the form as completely as possible will help us research your land property and get you an offer in less time.
A: There is certainly an advantage of submitting your information directly into our online form. The information allows us to quickly begin our research and get a fair cash offer out to you right away. We have systems that run in the background that pull information from the county and comparable sales data in which your land is located. After checking over and validating the information,  we use this data as inputs to formulate our cash offer. Don’t worry, your personal information is always kept safe and we never sell or share anything provided to us. We don’t like spam in our inboxes either, so rest assured- that isn’t a route we’ll take either. We like to keep it classy 🙂

A:  We are land investors, and not end buyers, so we buy land at wholesale prices. It’s kind of like selling your car- You can sell it quickly to a used car dealership,  or you can try to sell it yourself and find a buyer who is willing to pay retail prices. To get full retail price, the best way is to list the property with a real estate agent. Land typically takes much longer to sell than homes. It’s not uncommon to see the final sale price be half of what it was originally listed with the agent for. Not only that, but agents typically charge 6-10% of the final sale price.

The prices we pay are fair and a win-win for both parties. We do not pay retail, however that cost can be made up when you factor in ZERO commissions, plus we pick up all associated administrative and closing costs. In addition, we close very quickly because we are paying in cash. This saves you money by shortening the period of time in which you are responsible for taxes, assessments, HOA fees, and maintenance of the property. Remember, the land market is very slow moving when you are trying to sell the traditional way, and using a realtor to find a buyer can take months, if not longer. Costs incurred over this time can add up fast. Before binding yourself to a realtor and signing an agreement, let us give you a cash offer and run the numbers for yourself. Zero risk, take it or leave it. There is NO obligation.

A:  We do require some time to perform research related to your property, but we shoot to have an offer out to you within 48 hours. You can read more about out process here.
A:  We will open up an escrow with a title company local to your property after you have signed a Purchase and Sales Agreement with us. After performing a title search to verify ownership and clear title, you will be sent a bank wire directly into your checking/savings account or a check directly from the title company at closing. You can read more about your land selling process here.

A:  We are land investors, and not end buyers, so we won’t ever be the folks that work towards developing or creating memories on your land. We do, however, work with a network of buyers that plan to do just that – use the land to build the home of their dreams or maintain ownership of the acreage to recreate on during weekends and miniature escapes in order to spend time with their families. We are like match makers in a sense- We’ll buy your land for cash, allowing you to feel the quick relief from the sale of your property and then hope to find the perfect buyer who adores the land and its features.

A:  Great question, and we’re an open book: Our process is very clear and straight forward. We look at what other properties are selling for, and what the market suggests they will do in the future. We analyze the number of days on the market, estimating the current demand for your type of land. We take out what was paid in commission and fees on those comparable properties to get a formulated price upon which we base our offer. In addition we calculate the market there is for land of this type and the amount of marketing resources we’ll need to put into the transaction to re-sell your property to an end buyer. Finally, we make reserves for our profit. Much like any business, we earn a fair profit for this service and want you to walk away knowing that you reached your goals.
A: Never. Not a red cent. What we offer you is what you will take home at closing.
A: NO, not with us! There are no listings fees, advertising costs, or other costly hoops to jump through. We make selling land as easy as possible and, best of all, cover all closing costs!

Here is a list of the typical costs you’d expect to pay when selling a land property on your own. You can forget about paying any of these. We’ve got them covered!

– Listing Fees
– Advertising Costs
– Photography costs to create a property listing
– Broker Commissions
– Title and Abstracting Fees
– Escrow Fees
– Deed and document prep fees
– Recording Fees
– Transfer Taxes
A: We are direct buyers. We buy land that is not being used in an effort to help it see its greatest potential. Let’s say a lot is located in suburbia. We will hopefully resell the lot to someone who is just waiting to build their dream house on it. We try to make it easy for people to buy and sell vacant land. If you have a piece of vacant land that is just sitting there unused, we can help you convert it into cash so that you can put the money to work on something better suited for YOUR needs.

Also, real estate agents list properties (often at inflated prices) in hopes that someone will buy them, and they will get their hefty commission. Generally, you sign a 6-12 month agreement with them and are then locked into paying a commission no matter how the property is sold, even if you find the buyer yourself. Remember that vacant land sells much slower the traditional way. Using a realtor can take months or even years to find a buyer. Before committing to a real estate agent, get a cash offer and run the numbers yourself. There is absolutely NO obligation!
A: There are several reasons why it can be difficult to sell land on your own. The market for raw land is limited and it can often take months or years to sell a land property on your own. Finding bank financing for land is difficult, which means you’ll typically have to find cash buyers for your property. Without spending money on advertising, this is challenging. Many land properties are marketed with owner financing arrangements, meaning you’ll have to draw up financing contracts and the owners must deal with the hassle of collecting monthly payments for the stated term (usually in years or decades), and only receive a small amount each month. Finally, with owner financing, if your buyer defaults, you’ll have to deal with the foreclosure process and taking back legal possession of the property.

If you decide to list your land property with a realestate agent or broker, you may be disappointed to find that many brokers don’t commit much of their time or resources towards selling land, as it can be more difficult to sell.
A: Absolutely not! Once you tell us a little about your property we will then study the market and comparable properties. If it meets our buying criteria, we will make you an offer, usually within 48 hours. It is completely up to you if you decide to sell or not. There is no risk, obligation or hassle. Simply decline the offer or re-negotiate to something that works for you. If we are able to bridge the gap, we should have a win-win solution that works for all parties involved.
A: The Purchase and Sales Agreement, sometimes referred to as a PSA, is the legal contract to sell us your land. If the terms of your offer are agreeable, we’ll draft up the PSA and send it out for you to electronically sign. No real estate transaction should be without this document. When executed by both parties, it protects both buyer and seller by laying out all of the details associated with the sale of your property.
A: We run an individual title examination (at our expense) on each property we purchase and will determine through our research if any title issues exist. Our team has years of experience working with complicated title issues and can often find a solution. Each situation is different. We aim to help you through the process, and help provide the necessary resources to fix title issues when necessary. Depending on the state and county where the land is located and the circumstances involved, we may be able to quiet the title, file probate, or explore other creative options to clear the title.
A: Selling your land to us does not require any money out of pocket.

Any back taxes or dues will be negotiated as part of our offer prior to reaching an agreement. In the case that money is owed in back taxes or dues, those amounts can be deducted from the final closing price. In some cases, when the back taxes or dues are minimal, we will cover them in advance to make the process simpler and easier for you. What’s important is you will NEVER have to spend any of your own money to sell your land property to us.
A: Not a problem! We will prepare a new deed for the purchase of your land property and won’t need you to provide a copy of your deed. We can acquire most, if not all, of the documents we need from the county offices to complete the purchase, so it won’t require much effort on your end at all.

Is Brightside Land Right For You?

We understand that when you are selling vacant land, you have a few options. We understand that trying to sell your land with an agent, For Sale By Owner, or using a cash buying company like ours is completely up to you. We also understand that we aren’t for everyone. But, if you want to sell your land quickly and pay no commission fees, we are here to help.

We are interested in all types of vacant land. Whether it is a lake lot, mountain lot, mobile home lot, subdivision lot, city lot, suburban lot, ranch, farm land, or agriculture, we are interested. Give us a call today, or fill out the form to get a cash offer for your land.

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