When a contract is canceled, or a sale fails to close…

When a contract is canceled, or a sale fails to close…

It can be a challenging time to figure out what went wrong or what to do next if you’re looking to sell a teardown in South Tampa.

Believe it or not, when you decide to sell your South Tampa property you might be approached by ‘buyers’ or ‘investors’ who actually have no intention of taking possession of your property…

How does that happen? A popular strategy that real estate gurus currently teach involves getting a property under contract first and then finding an actual buyer for the property… this allows an investor with no actual money to attempt to make a profit by reselling your home without actually buying it.

Here’s how we helped a property owner sell a double lot after a ‘buyer’ repeatedly extended their contract… because they never found a real buyer for the family’s property.

If someone is actually completing due diligence… there are telltale signs of city inspections, surveys etc. If someone is wasting your time trying to find a buyer, sometimes it is time to move on and work with a trusted website like SouthTampaTeardowns.com. We’re a member of the South Tampa Chamber of Commerce and helped 30 families sell 42 lots last year to South Tampa Builders.

Proud Member of the South Tampa Chamber of Commerce

My name is Robert Wilson, and I’m the Director of Dirt at South Tampa Teardowns and EXIT Bayshore Realty. I’m not going to tell you that every contract that I do leads to a closing… sometimes contracts do get canceled.

However, one of the differences in working with me is that if something goes wrong, I have real relationships with 12 different builders in South Tampa. If your property isn’t a fit for one… it might still be a perfect for another buyer who will also pay cash, where you won’t have to worry about commissions, repairs or closing costs.

As we recently completed due diligence with one seller, we discovered that her property was in a very low lying area, and had other issues affecting what could be built on the site. While our first builder had to step aside, we quickly put the deal back together with another developer who was better equipped to build on her lot.

So if you’re currently concerned about a canceled contract, or making a decision regarding signing or extending a contract to sell an older, smaller home in South Tampa give me a call… my number is 813-784-4199. I can get you a fair offer for your South Tampa Property and you will pay ZERO for commissions, repairs, or closing costs. The offer you get from me will be for cash and direct from a buyer who will complete the due diligence and actually has the cash to close on your house, lot, or teardown.

If something goes wrong, I’ll work with you to quickly find a plan B where you can still get the house sold. If I don’t have a solution… I’ll tell you that too.

To find out more about how I helped so many families last year, or to request an offer today, visit SouthTampaTeardowns.com

Should I Sell My House to a Builder in South Tampa?

One of the questions I get all of the time is…

Should I Sell My House to a Builder?


Well… that depends on a number of factors.

Some of the questions you need to answer will be personal… other questions will be strictly based on the age, size, & condition of the home.

First of all, if you live in the home, you will need a plan of action, once you sell.

Moving when you sell to a South Tampa Builder

If you currently live in the home you’re planning to sell to a builder, where are you moving to? Often times our home sellers will be cashing out to move into a newer home or saving money by moving in with family. For others, it’s an opportunity to travel, buy a boat, or a recreational vehicle.

Once you know where you’re heading, or if you’re already there… here are some quick questions that will help you determine if your home might be worth more as a South Tampa Teardown and if you should sell your house to a builder.

1. How old is the home?

The older a home is, the more likely it is to be a teardown, where a builder will be the high bidder for the property.

What we have found over the years, is that most of the homes we buy with our builder partners are over 40 years old. Owners of older homes can often get the most money by selling to a South Tampa Builder.

In other words… if your home was built prior to 1980… it is possible that you should sell your house to a builder.

2. What is the square footage & location of the property?

The smaller a home is, you guessed it… the more likely it is for the property to be a teardown, where a builder will be the high bidder for the property.

Different parts of South Tampa will have different thresholds for what is likely to be a teardown. As a rough rule of thumb, teardowns that are South of Kennedy, and in the Plant High School District tend to be smaller than 1600 SF. Homes North of Kennedy, or in the Robinson High School District tend to be smaller, 1200 SF or less.

That said, as the North of Kennedy area, Ballast Point Elementary District, and South of Gandy Area as a whole continue to get more popular we are seeing homes above 1200 SF sell to builders for strong, fair, prices.

The smaller the house… the more likely it will be that you should sell your property to a builder. To help you determine if the property is in the Plant High District… I’ve included a map of the school boundaries.

Plant High School Boundaries
Plant High School Boundaries

3. What is the condition of the home?

The more major repairs that have been deferred over the years, the more likely it is that the property will sell for teardown value to a South Tampa Builder.

Make a quick inventory… How old is the roof? How old is the HVAC (Air Conditioning) system? Has the kitchen been updated in the last 10-20 years? How is the structural system of the house? Are there termites? How updated is the electrical? The plumbing?

Avoid Home Repairs Sell to a South Tampa Builder

If these major systems haven’t been updated since the property was purchased you might be able to NET more money by selling to a builder.

So, should you sell your house to a builder?

You can’t know for certain until you have an offer for the property.

That said, before you spend thousands in repairs and updates in anticipation of selling your property… Before you agree to pay 5%, 6%, or even 9% to sell your property…. Why not get an offer… and find out what the lot is worth?

If you’re thinking you should sell your house to a builder… you might be able to put more money in your pocket with an offer from our team, and you won’t have to worry about paying for commissions, repairs, or any closing costs.

Tropical Storm Emily Couldn't Stop South Tampa Teardowns

My name is Robert Wilson, and I am the Director of Dirt with EXIT Bayshore Realty in South Tampa. If you think you should sell your property to a builder in South Tampa… I can help get you a fair offer to sell your house fast in South Tampa. Call me today at 813-784-4199 or request your offer online at SouthTampaTeardowns.com

A proud member of the South Tampa Chamber of Commerce.

Selling Rental Property to a Builder in South Tampa

Selling Rental Property to a Builder

This owner had a long-term tenant and a sought after property in a very hot area… when we originally talked we were one the LOWEST offers he had… and he was going to list with an agent anyway.

However, after he ran the numbers and saw that he was paying ZERO for commissions, ZERO for repairs, and ZERO for closing costs… he decided to work with us because our offer actually paid the most money… with the least amount of hassle.

Do you have an older rental with a lot of deferred maintenance? Do you want to avoid paying as much as 9% for commissions, repairs, and other fees on the sale of a property that might be a teardown?

My name is Robert Wilson, and I am the Director of Dirt with EXIT Bayshore Realty in South Tampa. If you think you should sell your property to a builder… I can help get you a fair offer to sell your house fast in South Tampa.

Call me today at 813-784-4199 or request your offer online at SouthTampaTeardowns.com

I Need to Sell My Teardown, What Should I Do?

There are many reasons a homeowner may be looking to sell. When you’re thinking “I need to sell my house fast”, homeowners may believe diving right in will save them time and money.

“Help! I need to sell my house (and it’s a teardown)!”

It happens all the time. People have situations that leave them saying “I need to sell my house NOW!” So what do you do when the house is a teardown?

There are many reasons a homeowner may be looking to sell a teardown this year. Downsizing, moving into assisted care, selling an inherited property are all common factors when considering to sell a property that has been in the family for 20, 30, 40 or 50 years. As the South Tampa housing market continues to heat up, and economic growth continues nationwide, capitalizing on a seller’s market is a smart, financially sound decision many homeowners are making.

But many sellers wonder where to even start. How do I let go of my property if it’s a teardown and I need to sell my house fast for a fair offer?

Stressed about selling my south tampa teardown

When you’re thinking ‘I need to sell my house fast’, homeowners may believe diving right in will save them time and money. If selling as soon as possible is a priority, knowing the overall selling process and the few considerations involved will be invaluable information that will shorten your property’s time on the market. Before initiating the selling process, homeowners should consider these simple steps to ensure their home is sold as quickly and efficiently as possible.

How Do You Need to Know About Your Property?

Knowing as much about your property as possible is a great place to start your selling process. How much square footage are you working with? How big is the lot? How old is the property and has it appreciated during the years you’ve owned it? Are there any major repairs or updates needed that might impede a traditional sale? What is the elevation of the lot? Do you have a survey? Are there any title issues?

The answers to these and multiple other questions will not only help you sell your home to builders but also help you a estimate how much to ask for the property.

One of the most important questions homeowners must answer, however, is about their preexisting mortgage. How much money is left on your loan? Unless you’re keeping hard copies of the mortgage bill each month – a highly recommended strategy for anyone with long-lasting payment plans – you might not be able to recite the exact figure off the top of your head. Thankfully, homeowners can remedy this issue rather quickly.

Determining the principal amount owed on a home loan is simple. A short call to the mortgage lender can give you all types of information: last amount paid, interest rates, payment plan terms, and even the exact amount still owed. Why is this information pertinent to homeowners looking to sell? Unless a homeowner is gripped with an underwater mortgage, knowing how much you owe means knowing how much profit you’ll potentially make from selling your home.

There are also tax considerations… if the home was a homesteaded property, you may be able to realize a capital gain of up to $250,000 or $500,000 TAX FREE. If you are selling a rental property in South Tampa, you may be able to defer capital gains taxes by using a 1031 Exchange.

A Little Research Goes a Long Way

i need to sell my house research

Taking the time to research your property is one of the most important steps when looking to sell your home. Unless a homeowner knows what similar houses, lots, and teardowns are selling for, how long they’re typically on the market, and the costs involved in getting their home in perfect condition, homeowners looking to sell are at a serious disadvantage.

Put in the effort and do some quick research for a fair estimate for your house, lot or, teardown. Most homeowners don’t know what their property is actually worth without requiring the aid of a professional. Whether it’s an appraisal or using the aid of an inspection, homeowners can be clueless to the value of their house. Without hiring professionals that require tremendous fees, an hour online can provide a safe estimate on your house. One thing we do at South Tampa Teardowns to help with this process is to provide regular updates of Recently Sold Lot and Teardown Prices for South Tampa, so our users know what properties are selling for in their zip code and neighborhood.

What are some other sources to use when I need to sell my house? Third party real estate sites can offer property information in a particular region without calling in the professionals. Utilizing sites like Zillow and Trulia, homeowners will be able to compare their home to others on the market that have similar upgrades. This can help you make the decision if it makes sense to spend $10,000 or $100,000 on updates and repairs to get the most out of your property… or simply put more money in your pocket by selling to a South Tampa Builder.

Knowing what comparable homes in the same shape sold for is essential when determining a selling price. These sites also give statistics on homes. These stats can show how long a particular property took to sell. When needing to sell fast, knowing a home’s timeline on the market is essential.

Listing with an Agent

i need to sell my house with an agent

After gathering all the information you can about your property, it’s time to sell. Many homeowners are convinced that listing with a real estate agent to sell their property is the smartest decision. But listing a property can leave you in the housing market limbo for months at a time. Many the families we have worked with in the past have decided to find out if they should sell their house to a builder in South Tampa, and give us a call at 813-784-4199 to get an offer for their South Tampa Teardown.

Selling with an agent has its perks. Agents typically pay for your home’s advertising, prep for open houses, and find potential buyers. But these perks might not make sense when you’re selling a teardown and when you factor in commissions, repairs, closing costs, and other fees… you could pay as much as 9% to work with other real estate agents.

Keeping your home in peak condition is another sacrifice sellers must make when using an agent to sell their property. If your property is likely to be a teardown… sprucing up a property to meet a realtor’s expectations can be a waste of time and money.

Selling with South Tampa Teardowns and EXIT Bayshore Realty

When we need to get a teardown or house sold as quickly as possible, we work with builders who are cash buyers. Not only do they offer fair prices on properties, our builders can provide a lot of flexibility when selling. Your closing date could be as fast as 7-10 days… or you could decide to close in 30-45 days for more money. In some cases, you could even remain in your property for 30 days after closing to complete your move… all while not paying for commissions, repairs, or closing costs.

So before you make major repairs or updates and list the property… instead of paying for the appraisals, inspections, surveys, closing costs, and commissions associated with hiring other agents… why don’t you give me a call and find out what the lot is worth?

My name is Robert Wilson, and I’m the Director of Dirt at EXIT Bayshore Realty. Give me a call today at 813-784-4199 or request your offer online at SouthTampaTeardowns.com. Capitalize on 2017 & 2018’s healthy housing market and the South Tampa Land Grab by selling your property before the market slows down.

Sorry, Patty, I’m one of those guys trying to buy your house in South Tampa

Sorry, Patty, I’m one of those guys trying to buy your house in South Tampa

From a long-term customer service standpoint, I would love to do business one day with Tampa Bay Times and TBO.com writer Patty Ryan.

I’m one of those guys who mails and calls homeowners in South Tampa to see if they might want to sell their house… specifically I reach out to see if they might like to get a fair offer from one of the builders that I work with as the Director of Dirt with EXIT Bayshore Realty.


Her article that posted earlier this week on TBO.com, Please Stop Trying to Buy My House, is an interesting look into the mindset of a property owner who owns an older, smaller house that fits the profile of what an investor or builder might be looking for in South Tampa.

One problem, Patty isn’t ready to sell.

In fact, she’s kind of annoyed by the excessive, and apparently overly dramatic approaches on the part of folks who want to buy her property. The old real estate trainer in me would love to point out how… there really isn’t a good way to handle the objection, “I’m not selling”other than to thank the person for their time and ask permission to check in over the next year or two to see if they things might change.

That said… if Patty is out there reading this, I’m probably going to keep marketing to her and all of the other folks who get annoyed by ads they see online and in their mailbox.

Here are the reasons why…

When people are ready I want to make sure they get a fair offer…

My intent is to be as transparent as possible… in fact on this blog I regularly feature recent sale prices to builders so people can have an idea of what their lot or teardown is worth depending on the size of the lot, and the neighborhood. I’m also very aware that you might call more than one builder… I want to make sure that I match you with the best builder for your property and your situation.

I make sure due diligence happens…

A lot of ‘investors’ will place contracts on a property without making any effort to determine what can actually be built on the home site. On more than one occasion, one of my builders has lost out to a competing offer and 30 or 60 days later the owner has called us back explaining that the other ‘buyer’ who made an offer sight unseen now needs more time… often times this is to complete due diligence that has never even started. Thankfully, in most cases, my builder is ready to step in, but this is often after the seller has had to deal with weeks of stress and unneeded drama.

Sell Your Property to a South Tampa Developer

I always try to visit the property site where my builders are going to write an offer… it’s a benefit to them to know what the neighboring homes look like, what the traffic appears to be, and if there any trees or other issues that will affect what can be built on the property. Unfortunately, a lot of investors do not know what to look for and it can lead to a lot of wasted time for home sellers.

In addition, I have access to online resources that let me know what school districts, current zoning, future land use, and the elevation of the property are… all of these factors can have a big impact on the value of the offer and the time it will take to confirm that what our preliminary review indicates can be built on the property with any local agencies that may be involved.

The greatest offer in the world means nothing to a seller… if the buyer is not prepared to close.

I’ve helped a lot of families when they are ready…

I’m proud of how I’ve helped people sell homes that they have lived in for 30, 40, 50 years… selling over 90 lots since 2016. You can read more about my track record and hear their stories on the About Us page at South Tampa Teardowns. You can also listen to another Patti (this time spelled with an ‘i’)… a happy home seller who I helped earlier this year.

At the end of the day… I have to market, or you’re going to forget I exist. (When it’s time)

I compete with everyone from the countless real estate investors leaving handwritten notes at your door… to mega-agent real estate teams with $1,000,000 ad budgets.

I’m proud to be a specialist who can quickly assess your situation and utilize relationships with local builders to quickly get you an offer at a fair price that allows me to also address any specific issues you might have when you’re ready to sell.

Sell dated rental property to a South Tampa Builder

So if you identify with Patty the writer… I understand… marketing can get overwhelming sometimes. I won’t be offended if you throw my mail in the trash… or keep scrolling past any ads that I might post online.

I do hope that you remember me… and if your thinking that you should sell your house to a builder…  call me at 813-784-4199 or visit my website to request an offer for your South Tampa Teardown.