The market is full of different kinds of buyers like real estate property buyers or land property buyers
. There are investor buyers, end buyers and the wait and see kind of buyers. The investor buyers are the ones who most typically choose to buy wholesale. They are also the kind of buyers who would like to start selling the real estate property that they purchase at a retail value. Some of the time, they will hold on to the real estate property for one to five years, and then sell it when it is a good time in the market in order to make money. They also like to buy in the market when it is an area of good growth for the short-term investing and the long-term investing. They also buy land lots or vacant properties without even seeing them first.
The end buyers are the kind of buyers who like to buy and hold on to land and lot properties for a long time. They often will choose a real estate property to buy as a retirement investment. End buyers will sometimes choose to buy a land property that they are going to build their retirement real estate property on. End buyers might not want to sell the real estate property, but instead hold on to it. They are often in need of financing and are not as concerned with the growth potential of the properties that they buy.
The wait and see what happens kind of buyers can be a mix of end buyers and investor buyers. They can often find properties that require a five to fifteen year investment, and do not usually have any immediate plans to move in or sell the land properties and real estate properties. They are usually very aware of market conditions and land investments. In some cases they will buy land properties without looking at them first, and they may need financing. Some of these buyers are able to pay in cash, though as a seller, you should expect them to need financing.
Knowing the kinds of land buyers and real estate buyers that are out there, can help you develop your seller strategies and know what markets to target. You must focus only on the interested buyers on your land property and real estate property. A good understanding of the types of land and real estate buyers can make your business successful.