Use Zillow to find land demand by filtering a target county for 2 to 20 acre parcels, then compare listings to actual sales over the past year. A high ratio of sales to listings signals strong demand before you buy.
Chapters
So what we want to look at once we find out the population density and we're still relatively close to a highly populated area, we want to understand what the actual demand looks like. So we can easily take a look at Zillow and let's say we're filtering 2 to 20 acres because we like focusing on 2 acres and above within this business model. You can go slightly below that if you'd like. That's transitioning into a little bit different of the infill lot type of business model, and we'll get into that in a later episode. But we're focusing on, let's say, 2 to 20 acres for this example. And we want to go to Zillow and we're going to key in that county, put those filters in. Now I'm going to be focusing on the last year, how much is listed for sale and how much is sold. That's going to be giving me a pretty good understanding of what the demand looks like.