Selling cemetery plots in a declining burial marketplace

selling-cemetery-plotSome days it seems that everyone is trying to sell a cemetery plot that is no longer required.  As Communications Director for US Funerals Online I deal with inquiries on a daily basis from families, and one common question today is “how can I sell my cemetery plot?”  Unfortunately I think some individuals see the legacy of a family cemetery plot as the potential to a quick buck, but the reality is that more families are selling than those that are looking to buy!

Selling a cemetery plot is not always a straight-forward process.  Not only do we have a declining burial rate as cremation gains popularity, but finding an appropriate marketplace to sell a product that people do not really want to think about buying, can be problematic too!

So how do you sell an unwanted cemetery plot?

You have various avenues you can try.  Firstly there are online cemetery registry websites that allow you to list your cemetery property for sale.  Do be careful to check the terms for using an online registry.  Most online brokers will want a commission for helping you to sell your plot, but this can vary from a fixed fee to a percentage of the sale price.  Also check if there is a length of time you can list your property for, as cemetery property does not generally sell quickly!

You can also explore options in your locale.  Is there a cemetery real estate agent who can help you re-sell your property?  In some cases the cemetery may buy back your plot but the likelihood is that they will only offer you the original purchase price, or maybe even less.

A useful strategy may be to notify local funeral homes in your area that you have a cemetery plot for sale, the cost of the plot and the commission you would be willing to pay them if they sold the plot for you.   Do bear in mind that even cemeteries are struggling to sell plots now and offering huge discounts and enhanced commissions.  Local clergy and estate lawyers may also be worth notifying of your intent to sell a plot.

Don’t expect a quick sale!

Prepare yourself…selling that family plot that has been in the family for decades is not going to get you rich quick!  Transferring cemetery deeds can sometimes be a complicated affair.  If your family has a plot in an established cemetery, and if you happen to live in a city where burial space is becoming sparser, then you may be in luck.  But you do need to accept that your plot may take months, if not years, to sell and may not fetch thousands of dollars.