Novation
More for the seller. More for you.
Land AI identifies sellers who would net more from a retail sale, structures the novation agreement, and tracks the improvements and resale so everyone wins at closing.
Free to start · a small share only when a deal closes
Negotiating
2/1 cottage
Tulsa, OK
$9,800
Vacant
Under contract
4/3 colonial
Richmond, VA
$34,000 to you
High-equity seller
Closing
4/2 two-story
Columbus, OH
$22,100
Assigned
Draft reply · ready to send
Thanks for getting back to me, Dana. I can close in 14 days, as-is, and cover all closing costs. Want me to send the agreement over tonight?
The problem
Where novation deals usually stall.
Cash offers leave sellers short
Some owners deserve more than an as-is price.
Structure is complex
Novation agreements need careful drafting.
Many moving pieces
Repairs, listing and buyers all need coordination.
What changes
With Land AI, it simply moves.
Help sellers net more by selling on the open market, and earn the difference.
Win deals cash buyers lose
Offer sellers a path to a higher net.
Agreements drafted correctly
Your library of novation terms applied every time.
Coordination on one record
Improvements, listing and sale tracked together.
See it work
Find the owner. Start the conversation.
Land AI pulls owners straight from public records, scores who is most likely to say yes, and opens a natural, screened conversation on your behalf.
Marcus · seller
Honestly I’m tired of dealing with the house on Elm. Tenants left it rough. What would you even pay?Drafted by Land AI
That sounds exhausting, Marcus. We buy as-is, so no repairs and no showings. Based on the area, I can offer a fair cash price and close on your timeline. Can I send a written offer today?Use cases
Where novation shines
Equity-rich sellers
Owners who would net more on the open market.
Light cosmetic upside
Homes that show better with simple updates.
Sellers turned down cash offers
Owners who want more than an as-is price.
Retail-ready neighborhoods
Areas with strong owner-occupant demand.
How it runs
Four steps. Then it runs itself.
- 01
Identify the fit
Equity and condition suggest novation.
- 02
Sign the agreement
Novation terms drafted for e-signature.
- 03
Improve and list
Track updates and marketing.
- 04
Close the sale
Seller and you paid at closing.
Why it works
Every deal matched to the buyer most likely to close.
Land AI ranks every buyer against each deal by buy box, recent activity and readiness — then reaches the best fit first.
- High-equity seller signals
- Novation agreement templates
- Improvement and listing tracking
- Seller-friendly messaging
Deal
4/3 colonial · Richmond, VA
- Buyer A · Rental fund94%
Bought 6 in this zip
- Buyer B · Flipper81%
Buy box: 3/2, under $250k
- Buyer C · Landlord67%
Prefers turnkey
Top buyer notified first · others queued
The full platform
Ten lead channels. One pipeline.
Everything you need to find, work and close deals is included on every plan.
- Parcel finder
- List upload
- Skip trace
- Seller offer page
- Buyer VIP list
- Intent monitor
- Distress records
- Cash-buyer discovery
- Partner & referral API
- Inbox capture
Questions
Good questions, straight answers.
Still deciding? Read the documentation, compare plans, or talk to us.
What is a novation?
An agreement that lets you improve and sell a property on the seller’s behalf, sharing the upside.
Do I need an agent?
Many novation deals involve a licensed agent. Check your state’s rules.
Can Land AI draft the agreement?
Yes, from your contract library. Have it reviewed by your counsel.
Who gets paid at closing?
The seller receives their agreed amount and you receive the difference.