Frequently Asked Questions
Here are some frequently asked questions. If you have a question that you don’t see you listed here, please contact us, we are happy to help.
Will I get a fair price for my property if I sell to 407 Land Group?
We always aim for a result that benefits both parties. Our ability to complete the transaction without the use of a middleman means that there are fewer administrative costs and zero commissions. This means the cash offer you receive is the full amount you will get.
What happens after I submit a request for an offer?
When you request an obligation-free offer, we’ll reach out to you to obtain more information about the land and devise a fair price based on our research.
What additional costs will I need to pay?
There are no hidden costs in our transactions. Again, the cash offer is the full amount you will receive.
How long does it take to complete a transaction?
Our cash offers allow us to close a transaction quickly and often within 30 days. When using a broker through the traditional land sales process, selling your vacant land could take months on end while costs to stay current with taxes, maintenance, and various assessments continue to be liabilities to you.
How is the cash offer determined for my vacant land?
We use a thorough pricing model that evaluates comparable property sales and future potential of the vacant lot, while subtracting the estimated commissions and fees. Our offer reflects the full amount you will receive. When you receive your offer, if you have further questions about how we arrived at the cash offer, our team is more than happy to discuss this with you.
Does 407 Land Group act as a real estate agent?
No, we are not agents in this deal, we are direct buyers. As such we can offer to purchase your land at a fair price without unnecessarily adding the costs of an agent-driven transaction.