“Why do I have to sign a listing agreement?” is a question that we are often asked when meeting with a landowner about selling their land. Earlier this year I was burned badly by an exception I made to my personal rule of having all sellers I work with sign an exclusive listing agreement to market and sell their property. The person who burned me was a long-time family friend who made an honest mistake that ended up costing her Read more…
We receive many calls from landowners in Alabama who want to know, “Is it a good idea to divide your rural property to help it sell?” Each property should be evaluated on a case by case basis to determine if a division will help the owner achieve their objectives. In the past month I have made recommendations to two different land owners about whether they should offer their properties as a whole or divide them and market them separately. Both tracts Read more…
Over the past two years I have received several dozen calls from entities that are looking for properties suitable for wetland mitigation opportunities. Today I showed another property to a prospective mitigation buyer. We looked at all of the creeks, streams, wetland areas, and water courses on the property. These prospective buyers have a very specific set of criteria that they are looking for in a property. The aim of this article is to help provide some elementary information about mitigation banking to landowners. The general Read more…
Are you searching for rural land for sale in Alabama or Mississippi? When you have looked at a property and asked all of the right questions, there comes a point when you have to make a decision: “Do you want it?” Sometime ago I had the privilege of meeting with a family to write an offer on a property they really like. We had looked at the tract several times together. As I sat at their desk and they asked a Read more…
Southeastern Land Group (SELG) has a great app called, TerraPlat, that we have developed to make your search for land much easier. Our company invested a lot of money in this proprietary software to offer our clients and customers the very best property search and viewing experience. The app is currently available as a website online at www.terraplat.com and can be downloaded for free at the App Store. TerraPlat has some cool features that make searching for properties much easier. First, it offers a Read more…
When a property comes on the market and the sellers receive an offer immediately, their first instinct may be to think they should not accept the first offer that comes along. Many times my seller client will respond to early offers with, “Maybe we aren’t asking enough for our property.” Below is an analogy I like to use to explain this real estate phenomenon. Let me preface my explanation with saying, before listing the property sellers should do their homework Read more…
In all instances Southeastern Land Group strives to do what is in the best interest of our clients who are buying and selling land across the Southeast. One major part of helping our clients purchase or sell rural property is cooperating with other brokers. All agents, associate brokers, and responsible (qualifying) brokers for Southeastern Land Group are Realtors, meaning that we are not merely licensed real estate agents in the states where we practice, but we are also members of the Read more…
When you are buying or selling rural land in Alabama or Mississippi it is helpful to understand what Earnest Money is and how it works. You are in the process of negotiating an acceptable purchase price or sales price on a piece of land, and while completing the contract there will inevitably be a question about how much earnest money is deposited. What is Earnest Money? This is a demonstration in good faith of the sincerity of the purchaser to follow through Read more…
I’ve been dealing with property line issues for years and the biggest problem that I’ve run across with rural timberland is vague and unpainted property lines between two timberland owners. Once you have your timberland property lines clear and established, it is foolish to not paint them. The most common resistance that I hear in regards to painting lines goes something like this, “Well I know where my lines are. Why should I worry about painting them?” That may be Read more…
