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Updated over 2 years ago on . Most recent reply

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Tom Siller
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Advice on how to sell quick

Tom Siller
Posted

I got burned bad on a rental property in Baltimore. Property was full rehab a couple years ago so likely prices out most of the BRRR/flipper crowd.

Looking to sell it, but don't want to lose my shirt. Would be prime for someone looking to buy and place a tenant.  Any suggestions on how to get this sold quickly? 

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Joseph Cacciapaglia
  • Real Estate Agent
  • San Antonio, TX
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Joseph Cacciapaglia
  • Real Estate Agent
  • San Antonio, TX
Replied

Price is the #1 factor in how long it takes to sell a property. When I've had limited flexibility with price, I've found that offering a buyer's agent bonus or larger buyers agent commission is helpful. The rules regarding this vary by location and MLS. I've also found offering owner financing leads to a quicker sale. You may want to look into selling with a wrap.

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