Selling to a builder: the honest version
- Usually faster and simpler. Builders often buy as is, with no repairs, staging or showings, and can be flexible on closing dates.
- Not always the highest price. A builder has to leave room for demolition, permits and profit. Ask a local agent what the lot would fetch on the open market so you can judge any offer.
- The lot drives the price. Size, zoning, slope, trees, sewer and the school district matter more than the old house.
- Get it in writing. Compare the price, deposit, how long the builder has to study the lot, who pays closing costs and whether the offer depends on permits.
Not sure what your lot can hold? Run the address through the lot checker first.
