When most homeowners think of selling their Vermont property, they immediately envision working with a real estate agent. With land, however, the process can become more complicated than listing with a traditional agent because buyers typically want to explore the land themselves before making an offer.

For sellers, this means a more hands-on approach to selling their property, including ensuring that all paperwork gets filed correctly. It also requires a deeper understanding of local zoning laws, real estate regulations, and property values. For these reasons, many land sellers opt to work with a flat fee MLS company that offers plans that include professional help and documentation support.

Realtor-Free Vermont Land Sales Made Simple

A professional appraisal is another must-have document that can be used to determine a property’s fair market value. Many loan providers require buyers to order this report before they can close on the property, but a seller may choose to obtain their own during the initial phase of the sale. These reports cost between $233-$364 on average.

In addition to completing these essential documents, a Vermont realtor free land sale also includes preparing a detailed sales agreement that will outline all terms of the transaction. This contract will also list any additional rights to the land that a seller wants to sell on top of the property deed, such as mineral or hunting rights.

For the best chance of a successful FSBO, it is recommended that land sellers consult a lawyer to review and draft the contracts. The legal expert can ensure that all documents contain accurate information and that all parties are aware of their rights and obligations.