When you own a horse property, it’s important to understand that preparing it for real estate isn’t just a matter of “fixing it and we’re done.” There’s a lot that will happen when it comes to preparing horse property for real estate—more than just “improvements.” Unlike home properties, there are multiple factors to consider—which means a lot of things to assess and anticipate in order to maximize your preparations to sell your horse property. How do you make sure it gets sold fast, though?
It may be helpful to know a few statistics on horses first before proceeding with improving your property. Did you know the industry in itself actually contributes $40 billion to the gross domestic product of the United States? This amount reaches almost $100 billion if you add indirect spending from segments such as recreation, showing, racing, and other parts of the industry. This goes to show the many dimensions of the equestrian industry you can consider when it comes to your property.
Selling Your Horse Property: Getting Maximum Profit Fast
When you want your horse property to sell quickly, you’ve got to look at things not just as someone who dabbles in real estate, but someone who likes horses in general. While companies can help connect you with the right kind of buyers, you’ve got to make sure you build upon a good foundation of improving your horse property first. Here are a few things to consider:
Consider the goal of your horse property first
While there are indeed horse properties being sold in real estate, they often come in a lot of varieties. In your case, it’s important to determine just what kind of horse property you want to sell. Determine what your horse property is first. Is it more for showcasing your horse breeds? Is it more for cultivating race horses? Is it really just a home for horses?
Try to research what prospective buyers are looking for in horse properties
Try to establish communications with agents and other people in the industry that are interested in horse properties. You don’t necessarily have to introduce yourself as a seller, although that is also an option. The point here is to ask around about just what people are looking for in horse properties in your vicinity, and how the industry is looking in general so you have an idea where you should focus in terms of boosting your property’s appeal.
Be sure to decide on a price and be firm with your compromises:
One of the trickiest aspects of wanting to sell your property fast is not being able to be firm with your price in the first place. If you really want your horse property sold fast, you shouldn’t waver in negotiations. Try to find a fixed price you’ll be content with and consider prices below that amount that you’ll be willing to settle for. Knowing these values beforehand can save you tremendous time and effort.
Make sure you continue maintaining your horse property as you wait for prospective buyers
While you’re preparing your horse property for sale, it’s not the time to neglect it. Make sure the land is kept in pristine condition. And while properties like these aren’t exactly extremely clean all the time, make sure the property and its various elements are kept clean and tidy. Fix broken fences, make sure utilities are in order, and make sure adjustments are made to boost appeal to your property.
Build yourself a network through agents and events
If you want to sell your horse property fast, you’ve got to do it with a good real estate company so you can enjoy the benefits of hiring them. Seek an agent familiar in the industry so that you have guidance in terms of the technical, real estate side of selling your property. Meanwhile, you can also try establishing better connections with people through horse-related events in your area. Build relationships with prospective buyers and figures in the industry who could help connect you with interested buyers. You can also try advertising your property in these events to get the word out.
Reach out to online websites and directories to list your property
Going online is another good way of boosting your presence, and to let everyone know about your property. You can prepare pictures of your property and a good description to go along with the photos on the directory. Make sure your contact details are accurate so people can easily reach out to you should they be interested making an offer or scheduling a tour.
The Takeaway: Selling Properties Fast Means Building Up On Value
Considering the suggestions listing in this article, it’s easy to see that selling your horse property fast means approaching the matter from various angles. Different to typical properties, when it comes to a horse property, it appears some extra considerations have to be approached. Do remember that selling properties fast doesn’t necessarily mean having to rush in the process either. Take your time to improve your horse property so that you have better chances of being able to sell it in the shortest time possible.