LandInvestors.com Forums **Ask A Question** Land that didn’t sell

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  • #24950
    Laurie Phillips
    Participant
    Post count: 72

    Hi all,

    Have you ever been stuck with land that didn’t sell? If so, what happened that got you in that position, and what did you do to get out of it?

    Thanks,
    Laurie

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  • Curtis Eickenloff
    Participant
    Post count: 36
    Pro

    I have been stuck with property that didn’t sell in the past. I was usually in the position because I purchased the property at the wrong price or there was something wrong with the property that I missed. When this happens, I just lower the price and dump the property. I try not to let one bad decision get me off my game.

    Kevin Farrell
    Moderator
    Post count: 1576
    ProAdvanced

    Laurie – You will get one like this sometimes. The sooner you realize that it won’t sell, the better. Drop the price and dump it. If you follow Jill’s advice you can always do this. Jill says “Don’t by anything that you can’t get out of tomorrow.” Like Curtis said – get rid of it and move on. Don’t let it distract you from doing profitable deals.

    Kevin Farrell - Moderator
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    Jill DeWit
    Participant
    Post count: 450
    ProAdvancedStaffPrincipal

    LOVE IT! Great advice all!

    If not a super expensive property, you can certainly put on eBay as a $1 no reserve, 30-day auction (like we share with you all) and it will sell.

    You got this!

    Jill

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