Brooklynn Shull (Indy Home Shop)

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Rainmaker
3,650,762
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

When it comes to land such as this, I'd suggest contacting Barbara Todaro or Endre Barath, Jr. --- two different approaches.  

Nov 13, 2015 04:25 AM
Rainmaker
1,301,342
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Get the word out there through blog posts and the net.  Reaching out to developers is a great idea.  Any info you can gather that a developer might need would be great to have in the listing writeup.

Nov 13, 2015 02:31 AM
Rainmaker
1,313,429
Raymond E. Camp
Howard Hanna Real Estate Services - Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

I would write a post about it with a link back to your website.

Not knowing your area you could reach out to someone looking to build on a private site.

Nov 13, 2015 01:53 AM
Rainmaker
812,652
Bruce Walter
Keller Williams Realty Lafayette/West Lafayette, Indiana - West Lafayette, IN

Brooklynn, we just sold a 12.5 acre parcel with older home on it just outside West Lafayette.  

Reach out to all the neighbors (you can access the Hamilton County tax records by using the GIS and find all the neighbors and use their mailing address to mail them a detailed brochure brochure on the property details and price.  You might get lucky if there is an adjoining neighbor or two left who might now consider buying instead of a developer swooping in and putting in a bunch of houses on small lots so it would be all subdivisions.  It is all about price and use of the land whether you end up with a neighbor, future homeowner, or developer.  Your neighbors will get back to the seller one way or another how you have reached out to them to sell the property and your seller will like your efforts!

Nov 13, 2015 01:32 AM
Rainer
90,455
Val Evans
Scottsdale, AZ

I don't want to burst your bubble, but having worked with developers in the past, I can almost guarantee you that every local developer in your community worth their weight, is fully apprised of what that piece of land and it's development potential is worth. Obviously there's a stigma somewhere.

Nov 13, 2015 01:19 AM
Rainmaker
1,407,527
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Brooklynn Shull Check with the County/City officials. There could be a reason why it has not sold. Is their reasonable access to utilities such as water, electricity, and sewage? Can the property be subdivided into building lots? What is the local zoning? This information will also help you market the property. Good luck with the listings.

Nov 13, 2015 01:12 AM
Rainmaker
4,873,738
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Brooklyn,

You have great advice here by  both William Feela and Paul S. Henderson, Realtor, Tacoma Washington .  A

Nov 13, 2015 01:03 AM
Rainmaker
3,985,575
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I would first check with the local gov. agency that controls what you can do and then contact the developers.

Nov 13, 2015 01:02 AM
Rainmaker
4,432,850
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

The others have given you good answers.

Nov 14, 2015 12:34 AM
Rainmaker
1,523,810
Sybil Campbell
Long and Foster REALTORS® 5234 Monticello Ave Williamsburg, Virginia - Williamsburg, VA
REALTOR® ABR, SFR, SRES Williamsburg, Virginia

Believe it or not, 12.5 acres is not really that big, it would be a pretty small subdivision and the cost of the infrastucture might not make it worth the investment.

Nov 13, 2015 11:55 AM
Ambassador
3,695,541
Patricia Kennedy
RLAH Real Estate - Washington, DC
Home in the Capital

Brooklynn, one thing you might want to make sure of - what is the zoning and what would a developer have to do to subdivide the land into a subdivision?  There might be some reason why it didn't sell, and I'd do a lot of reserach.  And I think that contacting developers is a great idea.

Nov 13, 2015 11:53 AM
Ambassador
4,706,833
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Good advice here, and dont forget to send a note to the people in the adjoining subdivision, buying a piece of land near by like this would be a treasure for some and others may buy it to keep it from being developed.

Nov 13, 2015 10:08 AM
Rainmaker
559,214
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Brooklynn,
Way to go get some business. Just be sure there isn’t some reason, environmental, title, etc. that you don’t know about that has kept it from selling. On the market that long, people have considered it, why didn’t they buy it. Yes, experience turns us into skeptics.

Nov 13, 2015 09:48 AM
Rainmaker
5,362,080
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

go to the developers of the other subdivisions and introduce the land to them.... tell them you have it listed .....I'd waive my commission to secure the listings....but that's not a common practice....and that's why many real estate agents are not successful at listing subdivisions....we are negotiating two tracts of land now that are next to each other and owned by different people....one of our developers wants both.... we act as facilitators...we don't represent either party.... they have met and sat with each other....and walked the land together...we are there just to be present in case the tide turns!!!!!! smooth negotiating now.... once the offer is written, we are the middle guys.... we go back and forth until a deal is together.....there's no commission paid....but we'll have about 200 listings....

market to builders if the abutters don't want it...go online with the right keyword phrases.... land for sale in your town your state.... get the list of local builders from the builders association in your state.... do a mailing....I don't put land in mls... most agents don't know what they're looking at and/or how to close a builder .... or how to research what concept will best fit on that parcel in that area.... or know the zoning laws .... etc.... run with it yourself.

Nov 13, 2015 04:34 AM
Rainmaker
806,687
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Market the holy heck out of the property, and include lots of maps and aerial views, AND proximity to local points of interest/easy access to whatever is most important.  Use reverse marketing (Loopnet has an easy portal for that) which will help you target people already looking for that type of property. Join groups of land-heavy brokers (use LinkedIn for that) and share with them . . . I love land - it doesn't have roof problems or leaky pipes! OH! And also, make sure all due diligence info (zoning, utilities, permitted and potential uses) is available in your info packet. Make it easy for a buyer to say 'yes' -- especially if their agent isn't as knowledgeable as you. Good luck!

Nov 13, 2015 04:29 AM
Rainmaker
4,798,723
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I would call these developers and give them a reason to make a good offer.

Nov 13, 2015 03:54 AM
Rainmaker
5,831,364
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Make face to face contact with those builders and developers.

I hope you are a member of the local builders association and are actively serving on committees.

Nov 13, 2015 02:54 AM
Ambassador
3,272,711
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

You have to weigh each offer on it's own merit Brooklynn Shull 

Nov 13, 2015 01:00 AM