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 the owners must deal with the hassle of collecting monthly payments for years, and only receive a small amount each month.
If you decide to list your property with a real-estate 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, and commissions are typically lower.