Seeking Advice on Real Estate Trading - Have You Done It?

[KC Pake]

Greetings All -

I'm reaching out to this knowledgeable community to gather insights on a real estate topic that's somewhat new to me: property trading. I've been involved in numerous buy/sell transactions in the past, but recently I've encountered a different kind of proposal.

A few recent inquiries have come my way asking about my interest in trading some of my vacant land for "like-kind" vacant land in a different location. This concept is intriguing, yet I'm treading carefully as it's unfamiliar territory for me.

I would greatly appreciate hearing from anyone who has experience or thoughts on this matter. Have you ever engaged in a real estate trade, specifically involving vacant land? How did you find the process compared to traditional buying and selling? Were there any unexpected challenges or benefits?

Thanks in advance,
KC