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Updated about 2 years ago,
Land development - selling lots to builders
We are in the process of developing a small land parcel for our first project on the outskirts of DFW metroplex. Our plan is to develop the infrastructure, subdivide into 1 acre lots and sell the lots directly to homeowners. The homeowners can then use their own builders and build on their own time.
Is there a possibility of selling these lots to builders instead of homeowners? If we can sell the lots to the builders, we can exit the project quickly, although with a lower margin. Are there brokers who can help us find builders?