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Welcome to our blog, where we feature expert advice, insights and up-to-date news for the residential lot and land real estate industry.

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How to Buy Land at Auction: Benefits and Terms for Buyers

Sold …to the highest bidder! If you’re in the market for purchasing real estate, you may want to consider the benefits of an auction. Real estate auctions are an accelerated process for buying properties through public sale, with many potential benefits to the buyer. Here are some of the points to consider if you want to buy land at auction: Commitment to Sale Real estate auctions take the stop, start, false-start out of the land buying process because sellers are committed to the sale. Purchasing property is an important investment, and buyers often invest a lot of time and resources…

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Learn Why Agents & Brokers Sell Land at Auctions

Sold, to the highest bidder! If you have clients who are anxiously awaiting the sale of their property, these words might be music to your ears. Most agents are familiar with auctions as an accelerated process for selling properties through public sale, but some are not aware of the many potential benefits to the seller…and to you, the agent. In fact, there are many reasons why real estate agents and brokers sell land at auctions. According to the National Association of Realtors, real estate auctions can provide many benefits to agents and brokers, including: Generating a list of ready, qualified…

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The Benefits of Selling Land at an Auction

Going…going…gone. If you’re selling real estate, these words might be music to your ears. Real estate auctions are an accelerated process for selling properties through public sale, with many potential benefits to the seller. While auctions are often used to sell distressed properties, they can also be a fruitful way to sell non-distressed lot and land properties. Here are some of the points to consider about selling land at an auction: Timeframe Real estate auctions solidify the timeframe for the sales process. You set the date for the auction and terms for closing (often 30 days), and the timeline for…

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Top 5 Predictions for the 2015 Real Estate Market

And what it all means for Home Sales, New Home Construction, Land Sales and Development What is the 2015 real estate market going to look like?  Will home sales finally soar, or are we instead going to see the market drop? Is 2015 finally the year when construction and development hit full recovery?  The Great Recession has left so many professionals in the real estate industry anxious for things to be like they were before the housing markets crashed, but hiccups in 2014 unfortunately showed that the road to recovery could be slower and longer than many hoped. What do…

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5 Reasons to Sell Land and Lots in Fall and Winter

Why Every Season is Selling Season for Lots & Land The Fall and Winter seasons can be the ideal time for you to find buyers when you are selling vacant land or residential lots.  Some landowners who wish to sell land – and even well-meaning real estate pros – mistakenly take their vacant land listings off the market for a few months during this time of the year because of outdated or inapplicable beliefs about “Selling Seasons” for real estate.  Read on for 5 reasons why the Fall and Winter seasons can be a great time of the year to…

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LotNetwork.com’s New Featured Listing Ad Program Explodes Your Network

One of the primary benefits of placing your residential lot and land listings on LotNetwork.com is that we expand your marketing network to lot and land buyers you normally would not reach, and Featured Listings already receive the highest exposure on the LotNetwork.com web site. Well, now we’ve expanded our Featured Listing program to give you huge new exposure to even more buyers, with customized advertisements displayed on more than 100 major web sites…for FREE.  Boom. Customized Advertisements for Your Property Help You Sell Land & Lots We make it easier for you to sell land online through this new ad program. Now when you post…

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Online Customer Support Center Helps You Get More Out of LotNetwork.com

We have launched our new Online Customer Support Center and think you will really love how it enhances your customer service experience on LotNetwork.com and helps you get more out of your membership. The Online Customer Support Center is the newest feature that adds to LotNetwork.com’s customer-focused philosophy, and joins our existing 24-7 telephone hotline and customer support email interfaces.  Now there are 3 ways that you can get help and support on LotNetwork.com. Site Updates & Improvements You may have noticed that we’ve added a number of major site improvements at LotNetwork.com over the past few months. One of…

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Understanding Property Taxes

Whether you own a vacant lot, single-family home or a commercial building, you likely will pay property taxes. These types of taxes have been collected in the U.S. since early colonial days, and they are not going away. In the words of Benjamin Franklin…”Nothing is certain but death and taxes.” Here’s some information to help you better understand property taxes. What are Property Taxes? A property tax is a tax that is imposed by a local government entity, like a county, city or town, on the value of property in its jurisdiction. Unlike income or inheritance taxes that are connected to…

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