Two adjoining rural parcels sold at very different speeds, and the slower one is the more instructive case
Cheap rural dirt in thin markets behaves differently from anything in a metro, worth keeping in mind before applying these numbers elsewhere. Take two adjoining parcels, 11 acres and 8 acres, bought from the same estate in a county with maybe 9,000 people. An out of state executor wanting the file closed is a common seller profile here. Contract on both at 21k combined, assignable, with a 45 day close tied to probate paperwork still moving. The 11 acre piece, with 600 feet of county road frontage, can move in as little as nine days, assigned for a 4,000 fee to a buyer who holds rural acreage. That's the easy case. The 8 acre piece behind it, with a 30 foot recorded access easement running along the property line and a wetland covering the back third per the national map, is a different animal. That kind of parcel can sit for 70 plus days through several dead conversations before a neighbor wanting to straighten a boundary line pays well over the original contract price to get it. What commonly threatens a deal like this is the closing timeline. A hard close date may need a written extension from the executor, who often grants it because nothing else is moving on his end. Without that flexibility, the choice becomes closing personally or walking from a real fee. Worth keeping in a structure like this: contracting adjoining parcels together as a pair. Worth changing: pricing the possibility of an extension into the original contract rather than hoping for one.