It’s easy enough to own land (it doesn’t take much effort), but when you want to sell, it can be a whole different story. You own a piece of land and are wondering: ” How do I sell my land to a developer in Quebec? At Vendre Maison Vite, we’re often asked this question. So we’ve written this article in response…
First, you need to know what promoters are looking to buy
A developer wants to build on the property and then sell it. So he’s probably looking for a property that’s close to infrastructure and utilities (such as water, sewer, electricity and roads). After all, he’ll have to connect these services to his new development, and he’ll want people to be able to get there!
It’s okay if the lot isn’t connected to utilities, but developers will probably want to know how far away the services are and whether the city is working to make them more accessible.
Secondly, you may want to do without a real estate agent.
Most real estate agents work with people in the city who are looking to buy a home to live in. If you’re wondering, “How do I sell my land to a developer?” you may need to find someone who specializes in selling land to commercial enterprises. (You can also contact us to sell your land: we’re not developers, but we do buy land.)
Third, think about zoning when you ask yourself, “How do I sell my land to a developer?”
Developers will want to build on your land. This can include land division and landscaping. They’ll want to know the zoning of your property so they can plan what they’ll have to do to build. While it would certainly be possible to have the zoning changed, such a change would slow down the progress of the work. That’s why it’s a good idea to inform developers of the zoning right from the start.
Fourth, keep up to date on the progress of new constructions
This subject is more complex for landowners to deal with, but if you’re asking yourself: “How do I sell my land to a developer in Quebec City?”, you should know that this is important information for the developer to consider. If your plot is not located in a city, the developer will probably want to know if the city is developing towards your plot. (It doesn’t matter if the city doesn’t develop in the direction of your land, but developers will want to know). You don’t have to have the answer yourself, but if you do, it will be a great help to developers.
Selling a vacant lot can be difficult, since you’re dealing with a very different type of buyer, but if you’re wondering, “How do I sell my lot to a developer?”, these 4 tips will help.