Turn Your “Dirt Into Dollars” Now
Developer and Builder demand for land has never been as strong in the Charleston area as it is today. Turning your “Dirt Into Dollars” now, just may be the right thing to do. Here I going to explore several ideas you should consider if you are holding land. What I’ve discovered over 3 decades of helping land owners buy and sell land, is that they have many misconceptions about the process.
Many people are simply confused as to who they can trust when they are considering selling their land. What are the best ways to sell? What are the tax consequences? How taxes can be avoided and simply what is the best route to take to reach their individual goals. Other questions may be: How do I preserve the inheritance for my family? Do I leave them the land? Should I sell the land? Do I cash out and give them the money? How are they going to avoid inheritance taxes? These are just a sample of the many challenges people have when deciding what to do with their land.
No One Plans To Fail, But Many Fail To Plan
Unfortunately, what I have discovered and witnessed, is that people always get the “cart before the horse” and don’t plan their sales properly. When this happens, usually it’s too late in the process to make the right changes. Often lots of money gets left on the table because steps were not put in place to avoid unwanted consequences.
Here I’ve compiled a list below of some pretty compelling reasons why you should consider turning your “Dirt Into Dollars” now. The the demand for land having never been higher, maximizing your gains nows could easily be the right move. So check them out and reach out to me if you have any questions or concerns. I am happy to help. Also…real estate agents like myself are paid when the properties we list sell. So having a consultation with me is totally free! 843-790-7000 Bill Byrd
18 Reasons Why
- Dirt with crops growing on it or buildings generating income, has no value today unless it’s sold and you turn your “Dirt Into Dollars”.
- The money that comes from selling your land, turning your “Dirt Into Dollars” can provide a lifetime’s worth of income for your family if invested properly.
- Holding on to land has the cost of lost opportunity. The profits from selling the dirt can buy income generating assets.
Developers Never Pay Top Dollar For Unlisted Properties
- Developers and builders will never give you top dollar when buying directly from you as a For Sale By Owner.
- The highest paid athletes, use agents to get them big contracts…I do the same thing for land owners and help them get them bigger contracts when I turn their “Dirt Into Dollars”.
- Developers and builders when buying directly from the land owner do not feel the pressure of knowing that the dirt is exposed to every land buyer on the planet.
- Developers and builders will always pay more when your property is listed on the MLS with a land specialist like me, because they know I am exposing your property daily to every buyer on the planet that is looking for land here!
Create An Auction Environment: Turning “Dirt Into Dollars”
- Land buyers will pay more when they know someone else is interested too!
- Why do developers and builders always want to get to land owners before the property is listed? Because they know they have a better opportunity to take advantage of an unrepresented seller and get a better deal.
- Families that inherit large assets often can’t agree as to what to do about the property.
- Bickering about inherited property can cause rifts in families that can sometimes can never be mended.
- Not every heir to a property has the same level of responsibility when it comes to paying taxes and the bills.
- Selling your land and turning your “Dirt Into Dollars”, then investing it in an income generating asset can preserve your wealth for many years.
Un-Responsible Family Members Can Destroy Your Families Inheritance
- One heir to a large asset that doesn’t pay his or her bills can often cause a family property to be encumbered by liens and judgements that create financial burdens for other family members. (ex. Medical Bills, Taxes, Auto Repairs, Student Loans etc.)
- Tax Liens and Judgements are the biggest cause for families to lose their real estate fortunes.
- Turn your “Dirt Into Dollars” before you pass away, put the income in a trust, that you design, to protect your family from a financial tragedy!
Market Timing To Turn “Dirt Into Dollars” Has Never Been Better
- Dirt has never been in more demand than it is now! Large National Builders and Developers are scrambling to find properties to develop in the Charleston area. Don’t fall prey to their Land Sharks!
- We are approaching the top of the market, you can still sell before the market bubble pops again. The market bottom was 2010
Turning your “Dirt Into Dollars” now, is a smart financial move for your family and your financial future.
For more information on how you can turn your “Dirt Into Dollars” connect with “The Charleston Land Man” Bill Byrd with Keller Williams Realty Charleston by filling out the form below: