Mike Browning

Tag: land sales

  • (Much) Harder Than I Make it Look

    (Much) Harder Than I Make it Look

    It just looks easy because of everything I did before we met

    It doesn’t happen every time, but it’s not unheard of for properties I list to move really fast. It can look like we sign a few documents, I put some info into MLS, and take a few pictures. Then boom, it’s under contract before your coffee gets cold.

    It’s not luck, and it’s not magic.

    OK, sometimes there is a little luck involved. Although some people say you make your own luck.

    But it is a lot harder than I make it look.

    Selling land isn’t like selling a house. You can’t just guess based on what the neighbor’s asking and hope it sticks. Every property has its own quirks—some of them obvious, some hiding in the fine print or buried under a brush pile.

    You’ve got to know how to price it, how to position it, and what questions to ask before someone else finds the problem during their inspection period. That’s the kind of stuff that kills deals, or keeps a property sitting on the market for months longer than it should.

    Most of the work I do happens before it ever hits MLS. That’s where the value is—figuring out the real story of the land, not the made-up one. That means calling the county, checking surveys, reviewing restrictions, walking the property, and putting the right comps together. It’s not glamorous, but it works.

    The goal is to make it look simple when it hits the market. Good info, clean photos, a fair price based on real data—and a plan to back it all up.

    So no, it’s not easy. But I don’t mind doing the hard part.

    If you want to know what your lot or land is really worth—or why it hasn’t sold—just email me here.

    I’ll shoot you straight. No pressure, no pitch. Just the truth, even if it’s not what you were hoping to hear.

    Got a lot you might want to sell?
    Get a FREE, no obligation report on what it could sell for today.
    Get Your Lot Valuation

    Own land instead?
    Get a report for that here:
    Get Your Land Value

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  • Don’t Let Regret (or Fear of it) Run the Show

    Don’t Let Regret (or Fear of it) Run the Show

    Overthinking rarely leads to better outcomes—just longer delays

    This would be a good time to remind everyone I’m not a CPA, a financial professional, or an attorney. I’m a real estate broker. This isn’t financial or legal advice. Talk to a professional before making any big decisions.

    Back when I got into real estate, there was a broker who used to say, “Any deal is a good deal if you give it enough time.”

    Half joke, half truth. I watched him put people in deals that eventually worked out—but took a lot longer than he probably sold them as.

    Even if you overpay around here, odds are you’ll be “proven right” if you wait long enough. I’ve seen people make good money off properties I thought were overpriced 20 years ago. All of them are worth more now.

    A smart aleck might say my only mistake was doing due diligence.

    But here’s the thing: annual return matters more than gross return.

    Sure, land held for 20 years might look good on paper. But what could that money have been doing for you in the meantime?

    By buying and selling when prices were good relative to the market, my clients often made better returns than if they had just held.

    That doesn’t mean you should sell just because. But it also doesn’t mean you should hold forever out of fear you’ll regret it.

    Here are a few good reasons to sell:

    • You need the money. (I’ve got kids in college—enough said.)
    • You’ve got a better opportunity. Favorable tax treatment might make it smart to sell one and buy another.
    • Estate planning. Sometimes selling is simpler and keeps peace in the family.
    • You want more land and less traffic. Sell in the growth area, move a little further out, and repeat. Plenty of people have built wealth this way.

    The point is: no matter what you do, you might feel like you made the wrong call later. That’s normal. But it’s also not helpful.

    Do the best you can with the info you have, for the right reasons at the time. Then look forward—not back.

    No pressure. But if you’re ready to talk it through, you know where to find me.

    Got a lot you might want to sell?
    Get a FREE, no obligation report on what it could sell for today.
    Get Your Lot Valuation

    Own land instead?
    Get a report for that here:
    Get Your Land Value

    Just a glutton for punishment?
    Sign up now to get more articles like this in your email.
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