How To Value Your Land and Set The Price


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Sep 18 2024 59 mins   2

This episode discusses how to properly value and price land when selling. Guest Ben Maddox of Acres.com explains the importance of doing thorough market research, using local experts, and avoiding emotional pricing. He cautions against overpricing, which can turn off potential buyers. Maddox also highlights how Acres.com uses data and technology to help land professionals and owners research properties and determine accurate valuations. The discussion covers common mistakes in land valuation, the role of AI and automation, and how Acres.com differentiates itself by combining public data with proprietary information. Maddox advises prospective land buyers to assemble a team of experts like real estate agents, lenders, and property managers to guide them through the process. He emphasizes that Acres.com offers pricing plans for both casual users and land professionals to access their suite of data and tools.