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Top 10 things Real Estate Buyers and Sellers should consider when buying or selling land:


1. Zoning and land use: Understanding the current zoning and land use restrictions for the property is crucial when considering selling it. Knowing what the property can be used for, and what the zoning regulations are, will help in determining the potential value of the property, and will give the property owner an idea of what kind of potential buyers to target.


2. Environmental considerations: A property owner must ensure that the property is free from any environmental hazards, such as contaminated soil or hazardous waste. This will not only protect the buyer but also increase the value of the property.


3. Location: Location is one of the most important factors to consider when selling a large, vacant-land property. Properties located in areas with high population growth and development potential will be more valuable than those located in less desirable areas.


4. Access to infrastructure: Access to infrastructure, such as roads, utilities, and public services, is essential when selling a large, vacant-land property. Properties with easy access to infrastructure will be more valuable than those that are isolated and difficult to access.


5. Market conditions: The property owner must have a clear understanding of the current real estate market conditions and trends in the area. Knowing the current demand for vacant land and the pricing strategies of other landowners in the area will help to determine the asking price for the property.


6. Planning and approvals: The property owner should be aware of any required planning and approvals that will be needed to develop the property, and the timeline for obtaining them. This will help the potential buyer in determining their plans for the property and will affect the value of the property.


7. Property boundaries and easements: Property boundaries and easements should be clearly defined and understood before selling a large, vacant-land property. This will help to avoid any disputes over ownership or access to the property.


8. Tax implications: The property owner should be aware of any tax implications that come with selling a large, vacant-land property. This will help to determine the net proceeds from the sale and plan for any future tax liabilities.


9. Professional representation: It is highly advisable to hire a professional real estate agent or broker to assist with the sale of a large, vacant-land property. They have the necessary expertise and experience to navigate the process and ensure that the property is marketed and sold in the most efficient and effective way.


10. Exit strategy: A well thought out exit strategy is an important consideration when selling a large, vacant-land property. The property owner should consider the potential options for exiting the property, including selling it outright, doing a land lease, or entering into a joint venture.


It is important to note that depending on the property and location, other factors may come into play and should be considered as well. Also, it's always best to consult with professionals such as real estate agents, attorneys, and tax advisors before making any decisions.

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