Do you have questions about how to sell your parking lot?
Great! Here are answers to common questions.
Q: Do you pay fair prices for parking lots?
A: Yes. The prices we pay are fair and a win-win for both parties. We do not pay retail, however, that cost can be made up when you factor in the fact that we charge ZERO in commissions, plus we pick up all associated administrative and closing costs. In addition, we close very quickly because we are paying in cash. This saves you money by shortening the period of time in which you are responsible for taxes, assessments, and maintenance of the property. Remember, the land market is very slow, selling the traditional way, and using a realtor to find a buyer can take months, if not longer. Costs incurred over this time can add up fast. Before binding yourself to a realtor, get our offer and run the numbers for yourself. There is zero obligation.
Q: How do you determine how much to offer for a parking lot?
A: Our process is very clear and straight forward. We look at what other properties are selling for, and what the market suggests they will do in the future. We take out what was paid in commission and fees on these comparable properties to get a price on which we base our offer. In addition, we calculate the market there is for the parking lot, revenues, and expenses and the amount of marketing resources we’ll need to put into the transaction to re-sell your property to an end buyer. Finally it is our profit. We earn a fair profit for this service and want you to walk away knowing that you reached your goals. When you get an offer from Parking Lot Buyers, we will fully explain how we have come up with it.
Q: Are there ANY hidden costs or fees?
A: Never. Not a dime. What we offer you is what you will take home.
Q: What makes you different from an agent?
A: This is one of many common questions we get and a good one. We are direct buyers. We buy parking lots directly from the owner to build our parking lot portfolio for our business. Our goal is to help property owners feel elated by their real estate decisions. If you do have a parking lot this not making money, maybe we can help you with the cash to find something better suited for YOUR needs.
Real estate agents list properties (often at inflated prices) in hopes that someone will buy them, and they will get their hefty commission. You will have to sign a contract, binding you to them for a certain amount of time. You will own them their commission no matter how the property is sold, even if you find the buyer yourself.
Q: If I Get An Offer, Is There an Obligation?
A: There is never any obligation or hassle. Once you tell us a little about your property we will then study the market and comparable properties. Within 72 hours we will have an offer for you. It is completely up to you if you decide to sell or not. There is no risk, obligation or hassle.