by Caroline Kirby
Over the last few months, states all across the country have reported a huge uptick in the sale of hunting and fishing licenses as many people are looking for ways to stay entertained while social distancing it’s no surprise that outdoor recreation is seeing a spike.
While we’ve seen a few different trends come out of the COVID-19 pandemic, it’s not too hard to believe that this one is more likely to stay. As we all begin to structure our “new normal,” most people are probably looking for safe activities that will still allow them to be active and out of the house. Whether you’re looking to purchase or sell land for hunting, here are a few things to keep in mind.
Real estate is continuously seen as a more resilient and reliable investment versus other assets. If you’re in a stable financial position and have reserve funds, looking at purchasing land may not be a bad idea. Whether you’re an experienced hunter or fisher or you’re looking for a new hobby, there are a few reasons why this is a great time to start.
• It’s a great way to remain active and be outdoors in nature.
• Easy to social distance from other hunters, but still gives you a chance to do something with your family.
• Learn something new and see new places.
Convinced that this is the right choice for you and your family? Here are some helpful tips to keep in mind if you’re a first-time buyer:
1. Understand the layout of the land. This is important for a few reasons. Knowing the traffic pattern of the game you’re hunting will help determine where you build any structures (such as a cabin) and ensure it won’t affect your hunting. Plus, if you need to put a food plot on the land, you should be certain that appropriate machinery can access those areas.
2. Look at the surrounding area. Do you have neighbors? What are their hunting habits? Is there public property nearby? You’ll want to ask these questions so that you can have a clear idea of the impact it may have on your hunting.
3. Taxes and Easements. Speak with the local county tax collector and ask so that you have a clear cut idea of what you will be spending. Land easements are another characteristic that many first-time buyers don’t know about; this will affect how you’re able to access your property.
4. Look for Signs of Game. Probably one of the best things to start with is to confirm that the land you’re interested in actually has game to hunt. Some listings may have trail cameras, but if not, inquire about posting a few so that you can get a better idea of what’s out there.
5. Is There a Water Source? Depending on the game you hunt, this could be a deal-breaker. For example, if you’re buying land to hunt deer, then you will need a source of water. It’s possible to have wells or ponds installed, but that’s an extra cost to consider.
If you’re looking to buy hunting land in the coming months, keep the information above handy. You can start browsing available properties by searching through LandHub’s current listings. Do you own property that you’re looking to sell? You can easily advertise your land on LandHub.com with a simple month to month plan. Check out the options here!
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by Caroline Kirby
Although some cities and states across the U.S. are resuming some semblance of normalcy, there’s one adaptation that is likely to stay long after Covid-19 runs its course: working from home. While working from home isn’t possible for every job, many employers recognize the value of adopting this method for the long-term after many months of employees making it work amidst the pandemic.
Many companies have already made significant financial investments into technological advancements and digital tools that enhance employees’ ability to work from home. Why would they undo all of that to get people back in an office? Most probably won’t.
You’ve likely read about how to maximize efficiency and set up your workspace when working from home, but have you heard of accessory dwelling units (ADU)?
Whatever your company may decide to do, if you’re sharing a living space with others (especially others who are working from home), then an ADU could be a realistic solution. What are accessory dwelling units? These are small units located on a property that has a separate main, single-family home or another residential unit. They’re often called secondary suites, in-law apartments, or cottages.
Sound familiar? You’re probably starting to get an idea of why these units are starting to become a popular idea in the age of Covid-19. Working from home can already be tough, but if you have to now split space with a partner or roommate who also works from home plus children who aren’t returning to school, some extra space is welcome.
You likely see the value of adding an ADU to your property, but there are some important items to keep in mind.
• Check in to your city’s permitting requirements. Often times if the space is under 200 square feet, you may not even need a permit.
• They can generally be constructed quickly. Depending on what you’re looking for, these freestanding home offices can be built in just a few weeks.
• The space could be used for children’s schooling and tutoring. It may be easier to keep them focused on their schoolwork if they’re not in their home with the normal distractions.
• Many municipalities have accelerated their permitting processes and modified existing regulations so that residents are able to get these projects off the ground.
• This space can also be used for quarantining should anyone in your household exhibit symptoms of the coronavirus.
• You should also look into any restrictions or requirements from your HOA, as well as if you qualify for financing for the construction.
While the requirements and regulations around accessory dwelling units will vary across cities, the value remains the same. As we all continue to navigate the pandemic and switch up our routines and lifestyles to accommodate more time at home, this could be the perfect addition.
If you’re interested in purchasing land that allows for the addition of an accessory dwelling unit, take a look through LandHub.com’s current listings. Hopefully this information can help you and your loved ones make life a little bit easier!
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by Caroline Kirby
The last few months have been turbulent for all of us – causing stress, confusion, and uncertainty in many areas of life, from work to healthcare to education, we’ve all been affected. Apart from seeing a massive shift in how we all operate in our daily lives, we’ve also seen some surprising impacts of the COVID-19 pandemic.
For example, the real estate industry has taken a hit, as many expected, as economic uncertainty and a lack of confidence amongst sellers and buyers alike loom amidst the pandemic. While the housing market may have taken a turn for the worse, the market for buying and selling land seems to be solid. All of the land realtors we have been in contact with are reporting that they’ve extremely busy closing deals over the last few months.
So, what’s the deal? There could be a few reasons why land listings are in demand during the age of COVID-19; let’s explore a few.
While there aren’t too many stats out there, just yet many land experts project that their market will hold strong as others navigate volatile times. If you’re interested in getting more detail on this topic, check out this virtual round table discussion between a group of expert land agents who are also Accredited Land Consultants of the REALTORS® Land Institute (RLI).
Apart from their commentary, there are a few other items to keep in mind that may speak to why land listings are safe as well as some tips for anyone thinking of buying or selling land during the global pandemic.
• Rural areas and sparsely-populated states (think: Wyoming, Montana, Iowa, etc.) are becoming much more desirable. Why? Well, in the age of social distancing, having a plot of land far from neighbors sounds ideal.
• Properties that were previously hanging out on the market because they were remote, only accessible on foot or by off-highway vehicles, like an ATV, are even more appealing to buyers. People are looking less in urban areas and more for opportunities to go off the grid a bit.
• An online presence is more important than ever before. If you’re selling land, you’ll want to have your listings online, and don’t forget to leverage the power of social media. Most people are spending more time online than ever before, averaging over 4 hours of screen time per day. This is the perfect opportunity to connect with potential buyers or find properties!
• People are crafting their own fun. Since many of us can’t go to gyms, sports centers, movie theaters, or other crowded places, why not make your own fun? Many land realtors have reported steep increases in inquiries and purchases of recreational land.
We may not know exactly why land listings are doing so well amid the pandemic, but it’s a trend to keep an eye on. The reasons above may explain a few of the ways that land listings are doing well, but until more data is released, we won’t know for sure.
In the meantime, it can’t hurt to invest some time and energy into ensuring your online listings are quality and likely to get you the attention you need to sell. On the other hand, now is a better time than ever before to look for different things online.
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by Laura Mueller
Wondering how you need to adapt your land listings to get your property sold during the coronavirus pandemic? You’re not alone. COVID-19 has brought on notable changes in the ways—and frequency with which—land is bought and sold. But land selling hasn’t stopped and listing inquiries and traffic have increased about 20% here at Landhub since stay at home orders started back in March.
The real estate market is prone to trend upwards and downwards with the general economy. And due to lockdowns in most states, that’s meant that the market for buying and selling real estate has, understandably, taken a bit of a hit. According to global commercial real estate firm JLL however, real estate remains an attractive asset. Capital flows into the real estate market are actually expected to increase in the medium to long term says the JLL report —and when it does, your listing needs to be ready.
Whether you’re trying to push forward aggressively with a sale right now or are just looking to adapt and ride out the storm, here’s what you should be doing to modify your land listing and (hopefully) get it sold.
Add More Imagery
Break out the drones! With in-person showings a bit more difficult to arrange than they used to be, your best bet for inspiring real interest in your property is with great images, and lots of them. Drone photography and videography are particularly useful here, since they allow you to show off the scope of your land from an advantageous view point, capturing not just the look of your property but the layout as well.
Include an Interactive Map
Interactive maps, like those offered by apps like TerraStride Pro and MapRight, help you provide more visual detail in your listing. Denote key features like county lines, aquifers, structures, and utilities, and allow potential buyers to get the full picture of what’s for sale before they even step foot on the property.
Offer Flexibility With Showings
The industry is still trying to work out the new normal when it comes to land showings. Make it clear in your listing that you’re willing to work with your buyer to ensure they have safe opportunities to see more of the property, such as personalized virtual tours or drone walk-throughs. Aside from being great ways to highlight what you’re selling, these options also ensure that a buyer is truly interested before they move forward with an in-person showing.
Talk About Safety Measures
Fortunately, there are less risk factors to worry about with open air than a physical structure. But still, it’s a good idea to note what measures have been taken to keep potential buyers safe when viewing your property—for example, masks and hand sanitizer available on site. These small precautions can make a big difference in minimizing risk during showings, and let any potential buyers know that you’re doing everything you can to accommodate their needs.
The virus won’t last forever, but the changes you make to your listings are all ones that you could extend even when lockdowns are lifted. The more information you provide to buyers in a land listing the better, which means that things like drone footage, interactive maps, and virtual walkthroughs are always a good idea.
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by Kevin May
The world looks quite different than it did just a couple of months ago, and that includes the world of real estate. The coronavirus pandemic has disrupted many of the traditional means used to buy and sell properties, and has also put a moratorium on essentials like open houses and tours.
But just because the world has changed doesn’t mean that it has stopped. Real estate agents still have a job to do, and technology has come to the rescue. Here are four technologies that agents should embrace in the face of covid-19 to buy, sell, and rent when in-person meetings are no longer an option.
In March, Zoom calls increased to 200 million a day, up from a previous maximum of 10 million . Much of the corporate world shifted to the platform, and seemingly overnight — including those in real estate. With Zoom, real estate agents can set up reliable conference calls with clients and investors to conduct virtual meetings, as well as to host awareness events like webinars and virtual showings. It’s also great for hosting team meetings and staying up to date when you can’t meet one-on-one. Similar video conferencing tools include Skype, Vast Conference, and GoToMeeting.
2. Virtual Tours
A virtual tour is the next best thing if your client can’t visit a property in person. Virtual tours provide a more accurate view of a space than a still image, and provide potential buyers with an added opportunity to explore and engage. Facilitate a digital walk-through with 3D or 360 degree tours designed to highlight a property’s best features, and keep deals moving through the pipeline. You can also use Facebook Live, LinkedIn Live, Facetime, or other apps on your smart phone to walk a property with potential clients. Now is the time to get creative!
3. Property Videos
If a picture says a thousand words, then a video must say a million. Similar to virtual tours, property videos give buyers a fuller feel for a space, and one that feels a lot more similar to an actual visit. To make your videos even more engaging, add your own commentary as you walk through the property, pointing out key features as well as ideas for how a space can be used.
We’ve talked before about why you should be using drones to sell your land, and it’s more true now than ever. Whether you’re selling land or a building, drones offer buyers insight into the full scope of the property and its surrounding environment. Today’s drone technology is a lot more affordable than it used to be, and there’s been a rise in professional companies who specialize in drone photography and videography for real estate listings. Use it for property videos and stills, as well as to create eye-level virtual tours that let buyers feel like they’re really walking through the space.
There’s no better time than now to get creative with your use of technology. Look for innovative solutions that can help fill in the blanks left by a lack of showings and in-person meetings, and build a stack of tools that you can use to keep your clients — and your team — engaged. Even when things start to look more like normal, you’ll still get a ton of utility out of these tech resources.
Have other ideas to share? Please post them in the comments below. We’re all in this together!
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