Strive The Land Portal Now!
For those who’re within the land enterprise, you already know the way necessary it’s to cost properties accurately—whether or not making a proposal, sending a mailer, or itemizing your land on the market.
The brand new AI Comp Report in The Land Portal is altering the sport for land buyers by delivering quick, data-driven value insights that get rid of guesswork.
Listed below are 4 sensible methods prime buyers are utilizing this device to make higher selections, shut higher offers, and keep away from expensive errors:
1. Negotiating with Sellers in Actual Time
Ever had a vendor throw out a value that catches you off guard?
As a substitute of guessing or responding on intuition, you possibly can pull up an AI Comp Report in seconds. It provides you a data-backed value estimate primarily based on:
- Close by gross sales
- Acreage
- Location
- Topography
Buyers are utilizing this proper earlier than and even throughout vendor calls to reply with confidence. You may say:
“Right here’s what comparable properties are literally promoting for.”
This helps you construct credibility, negotiate from a place of energy, and keep away from overpaying simply because the vendor tossed out a excessive quantity.
2. Strategically Pricing Blind Supply Mailers
The previous method of sending out a junk mail marketing campaign was to manually dig up comps or depend on ballpark estimates.
The brand new method is to make use of the TLP Estimate from the AI Comp Report.
This device goes deeper than fundamental price-per-acre metrics, and it elements in every kind of critically necessary elements, like:
- Slope
- Wetlands
- Street entry
- Terrain
- Tree protection
It should checklist out all probably the most related comps primarily based on the proximity to your topic property, how way back they offered, property traits and extra.
Coming quickly: the TLP Estimate can be routinely included with each document you export, saving you hours of handbook pricing and rising your accuracy.
Strive The Land Portal Now!
You may also click on into every comp to examine the property visually, serving to you keep away from landlocked or unusable parcels that may skew your supply costs.
3. Setting Your Checklist Worth After You Purchase
After you shut on a property, the subsequent massive determination is: What do I checklist it for?
As a substitute of guessing or leaning on outdated comps, buyers are utilizing these Comp Experiences to:
- Evaluate gross sales of comparable parcels within the final 6–12 months
- Keep away from overpricing (and lengthy days on market)
- Keep away from underpricing and leaving revenue on the desk
That is particularly useful in case you’re working with a realtor or itemizing on websites like Land.com or Zillow.
Stable comp knowledge provides your value credibility and justification and results in sooner gross sales with higher ROI.
4. Doing a Remaining Due Diligence Worth Verify
Earlier than you fund a deal or shut on a purchase order, it’s smart to double-check that your purchase value nonetheless is sensible, as a result of markets change quick!
By working an AI Comp Report as a part of your closing due diligence, you possibly can verify whether or not your goal value nonetheless leaves room for a wholesome margin.
It is a quick, low-cost method to do a last-minute worth examine with out ready for a full appraisal or third-party opinion.
Professional Tip: Pair It with the Slope Report
Need much more readability? Mix the AI Comp Report with the Slope Report in The Land Portal. You may generate as many of every sort of report as you need at no further price!
Strive The Land Portal Now!
This offers you a full view of each value and value, serving to you confidently transfer ahead on every deal.
Able to Use It?
The AI Comp Report is among the strongest instruments in The Land Portal proper now. Whether or not you’re making a proposal, sending a mailer, itemizing a property, or finalizing a deal, this report provides you the information edge you want.
