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Successfully selling development land in Oakville


Close to Toronto, Oakville is a town that is fast growing in terms of culture and diversity. Many of the inhabitants in the town are from other part of the world. With this mix comes a flurry of business ideas that make the town grow economically. As the town has more than 150,000 people, the market for business is quite good. Especially on demand in Oakville is development land. More and more people are looking to buy land for business purposes.

As a property sales agent, to sell development land in Oakville is quite an achievement. This is because landing a deal like this in a considerably small town can be quite difficult. For those who have not yet made a sale, do not despair. There are some tips that you can apply that might increase your chances greatly at success

Tips to follow when selling development land

1.      Participate in the inspection- although land fraud is uncommon, it might happen and you might be right in the middle of it. When development land pops up in the market, it might be greeted with excitement. This should not be your reaction. Take a step back and consider all things. One way is to take part in the inspection and valuation of the land. Since this is compulsory, you can go along and find out firsthand what the value is and what you can get out of the sale.

2.      Compile a checklist/agenda- this involves the things you will do. As the property agent, this might mean drafting contracts and other documents necessary for sale to occur. The purpose of the checklist is to keep you focused. If your thoughts and ideas are scattered, this will reflect badly during negotiations. The checklist makes you look professional and the deal legit. You might just seal the deal and start building your reputation. Check and confirm with the agenda whether all things have been met before finalizing the deal.

3.      Advice from experienced ones- sharing experiences may seem like idle small talk but it is a way of giving information that someone else may be in need of. Sometimes it means going to someone and asking for help. There is no harm in this as it will help you be a better property sales agent. Ask about how you can be better at making a practical agenda and how to convince buyers that the deal is right for them. These are just some of the things you might consider asking about.

4.      Location is a factor to consider- although land appreciates in value, development land relies on location to get interest. This means that business people look for a location where people can easily access. If the development land is located where access is a bit difficult and there is little potential for growth, then you might be in trouble. Look for development land that is located where accessibility and room for growth is possible.

To sell development land in Oakville depends on how you approach the sale. Applying the above tips will definitely raise your chances for success. As soon as you land a few deals, selling development land will be easy and straightforward.

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Nav Sidhu
Homelife Maple Leaf Reality Ltd. Brokerage
Phone (905) 456-9090
Address 80 Eastern Ave Brampton
Brampton, Ontario
Canada L6W 4K6