Many landowners find securing legally-guaranteed access to their landlocked parcels time-consuming and expensive. Others lack the resources or experience to secure their own access and instead opt to sell their property to land companies like Land Boss that are willing get a Land Boss quote to buy landlocked land as-is. Get a free quote and compare offers.
Buying Land
Buying land can be a more complicated and costly process than acquiring home property. Lenders have unique requirements and standards for raw land loans, requiring higher down payments and interest rates to mitigate risk.
When total strangers contact you to buy your land, it may be disconcerting at first. But it’s important to understand that land buyers use legal public records access to identify rural property owners en masse for mailer campaigns. Rather than employing covert operatives equipped with night vision goggles, they’re leveraging big data analysis to target property owners with the most potential for success.
Make your lease acquisition processes more accurate and efficient with Landboss, the oil and gas land management software built for operators and independent landman. Eliminate spreadsheets, shared cloud drives and sticky notes with a centralized platform that simplifies project management, billing and document generation. Reduce costs per acquired net acreage while improving productivity. Get a free quote and see how Landboss can help you grow your business.
Selling Land
The decision to sell land can be influenced by many factors. Financial needs are a common reason for selling. Whether it’s covering unexpected expenses, paying off debts, or funding a new venture, cashing in on property can be a quick and substantial injection of funds.
Selling traditional property involves finding a real estate agent, scheduling showings, and managing inquiries from potential buyers. That can take months or even years, and the hefty broker fees can significantly reduce your profits.
Selling to a land company eliminates the time-consuming process of listing and can be completed in just days or weeks. Typically, land companies buy properties at 70-90% of estimated market value based on comparable sales and other data. However, they may use the property for themselves, resell it to builders, or hold it as an investment. This uncertainty can be a concern for some sellers. Consult a financial advisor to weigh the pros and cons of each approach.
Lease Management
A comprehensive, proactive lease management strategy is critical for maximizing the value of a real estate portfolio. From ensuring accurate accounting treatment and reporting to tracking CAM (common area maintenance) reconciliations and navigating the complexity of transactions, lease management involves an incredible level of coordination among corporate real estate, finance/accounting, workplace, development and operational teams. Without seamless collaboration, companies run the risk of missing opportunities and incurring unnecessary costs.
The right software solution will ensure that your leasing process is efficient and less prone to error. Eliminate emailed spreadsheets, shared cloud drives and sticky notes with a lease administration system that is easy to use, intuitive and customizable. This will allow you to streamline billing and 1099 payroll processes while keeping all project data centralized for transparency and ease of access. Using this system, you can also track expenses and generate documentation that supports audit compliance. This is crucial to maintaining a compliant business.