Did you know that selling your home as part of a land assembly is considered a commercial real estate transaction?
As part of a land assembly, you are not selling your detached family home … you are selling the land on which your home sits for its redevelopment value. As such, it is imperative to select representation from a commercial land broker with a proven track record in development land sales.
RIGHT TYPE OF BROKERAGE = MAXIMUM RETURN ON YOUR PROPERTY
The following chart outlines what kind of real estate broker to use and when:
|Property Type||Land Designation||Purpose||Broker Type|
|A Single Family Home||Residential - Single Family Home||To sell your detached single family home for the same end use||Residential Agent|
|A Single Family Home||Residential - Multi-Family||To sell your land for its redevelopment value because your land has been designated for higher density (i.e. Townhouses)||Commercial Land Broker|
For over 32 years London Pacific brokers have represented property owners in the land assembly process; it is our core business. Our reputation stems from our ability to form meaningful relationships with local government representatives, community members, and developers alike.
URBAN PLANNING – WE GET IT
Our team works with your municipal government and staff as advisory stakeholders in the neighbourhood planning process. We understand the bylaws and overarching policies applicable to land use, zoning, density (FSR) and design.
MARKET INTELLIGENCE – WE CRUNCH IT
Fundamental to the success of Land Assembly is the underlying market intelligence: projected costs of construction, most recent pre-sale values and revenue models are run through development proforma scenarios internally by our team.
CUSTOMER SERVICE – WE WORK BEYOND THE CONTRACT
We understand that the land assembly process can be challenging and lengthy which is why London Pacific works beyond the contract to provide consistent, reliable, timely and accurate advice. Our goal is to maximize the value of your property while providing the highest standard of client care and communication.
LAND – WE KNOW IT
With an enviable portfolio of land transactions, London Pacific has played a key role in defining Metro Vancouver’s skyline by matching high calibre sites with premier developers. “This is a dynamic and challenging real estate market where everything starts with land …. London Pacific knows land” – Keath Williams, Managing Broker.
Are you interested in learning more about the land assembly process? Would you like to determine if there is latent developable value in your property? Please email firstname.lastname@example.org and request a consultation. Our TEAM is happy to help.
“The London Pacific team worked closely with us and provided patient and timely strategic direction that mobilized our neighbourhood through a lengthy official community plan” – Leo McPeak, City of North Vancouver / Homeowner