Market for Raw Land and Vacation Homes

[Daniel J.]

My father in law has some raw land in several areas that he purchased quite a few years ago as speculative land purchases that ended up not going right. He has had them for sale, but not spent much time on them. They are in Arizona (AZ) and Colorado (CO), and they are all larger tracts of land. Is there an ok chance of them selling through BP or does anyone have another suggestion on how to market them? I really it is somewhat vague but I'm not sure what else to ask. He also has a large hunters cabin or vacantion home on property in Colorado as well.

Thanks!

Daniel

[Bill S.]

@Daniel J. it's really all about price if you want to move something quickly. Generally speaking the best price comes from the highest exposure. The highest exposure comes from listing with an agent. If the land has been listed and hasn't sold in a reasonable time (say 6 months), it's over priced. While I am a big fan of BP, the market place has not helped me sell a property yet. BP does help me build relationships which in turn have helped me do deals.