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Hi Marko,
I've had a developer approach me wanting to buy a piece of my land to provide access to an adjacent property.
Where can I get advice? Is this something that some Realtors have experience with?
Thanks,
Robb
Where can I get advice for selling land to a developer?
Started by
Robb
, May 27 2014 10:57 AM
6 replies to this topic
#2
29er Radio
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- Member
- 671 posts
Posted 27 May 2014 - 11:07 AM
Hi Robb,
You probably need advice from a realtor on price, although applying a price may be very difficult and more based on what the developer can pay and what it is worth to him/her but also from a lawyer to ensure that your land rights are protected in the future. One thing you could keep in mind is also how the selling of the land will affect the parcel you retain. Having cars pass nearby may negatively affect the desirability of your property in the future and I would bet far more than the short term cheque you would receive from the developer.
#3
Holden West
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- Member
- 9,058 posts
Va va voom!
Posted 27 May 2014 - 12:01 PM
Don't touch this issue without a lawyer. Maybe an easement is a solution. For example, there is an easement along the parking lot beside View Towers that allows rear access to Lund's auction.
"Beaver, ahoy!""The bridge is like a magnet, attracting both pedestrians and over 30,000 vehicles daily who enjoy the views of Victoria's harbour. The skyline may change, but "Big Blue" as some call it, will always be there."
-City of Victoria website, 2009
-City of Victoria website, 2009
#4
jonny
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- Member
- 9,211 posts
Posted 27 May 2014 - 12:04 PM
Yeah, maybe an easement or a right-of-way is a better solution than subdividing your property?
I would definitely be talking to a lawyer.
#5
MarkoJ
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- Member
- 5,776 posts
- LocationVictoria
Posted 27 May 2014 - 09:49 PM
You'll probably want to consult a combination of lawyer, surveyor, appraiser and REALTOR® for something like this.
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#6
Robb
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- Member
- 188 posts
Posted 05 June 2014 - 02:58 PM
Hi everyone,
I consulted with a surveyor first.
I had know idea the skill set these guys have. He was very informative!
R.
#7
Mike K.
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- Administrator
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Posted 06 June 2014 - 05:55 AM
Is the potential sale still on or has the surveyor changed your mind at all?
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