To MLS or FSBO? That is the question.

[Kristin Kiddy]

I would love your input and personal experience.  I've decided to sell one of my rental properties.  I've made some improvements to it and it will show really well and with the market being so tight, I think it will go under contract pretty quickly as well.  I will see a very nice gain from the sale and I plan on exchanging it into a property in a different area, nearer to where I live personally.  One concern I have is finding a property that I can exchange into as there is not a lot of inventory.   

I am trying to decide whether I should list my rental property for sale on the MLS, right out of the gate, or start with a FSBO posting on Zillow. I am a Realtor, so I'm saving my commission either way, but I will still need to compensate my broker if I go the MLS route, plus I will have to compensate any selling agent who brings a buyer.

[Bruce Lynn]

So do you believe in your services?  Do you believe you add value to what you are selling?

Does your broker allow you to go around them?

Does your broker give you any free transactions?

If you do have to pay the broker something, can you not make it up with bigger exposure.

I think most realtors are not looking on Zillow to bring their clients and you know realtors in most areas are involved in 90pct or more of the transactions.

Does your E&O cover you if you sell yourself FSBO....probably not.