Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 4 months ago, 09/17/2024

User Stats

22
Posts
1
Votes
Jordan F.
1
Votes |
22
Posts

Selling Two Identical Buildings Separated by a Courtyard Separately

Jordan F.
Posted

Hi there.  We are trying to sell two identical buildings separated by an enclosed courtyard.  It looks like a single complex but it is actually two different parcels.  We listed both buildings in a single listing to sell together,  but after a few months and no dice, we decided to list them separately at a lower price.  We lowered the price a second time and now have an offer on one building but several agents have told us we should really try to sell them together.  If each building belonged to a different owner, the only thing that they would have to collaborate on is, obviously, the courtyard (gardening, each side has it's own sprinkler system) , the intercom (about $120/month for the phone line), and the parking area (needs resurfacing).  Our current agent is the only agent who has suggested that we try to sell them separately since selling them together didn't appear to work.

On the other hand, maybe prospective buyers are waiting to see how much lending rates decline in the next few months and what happens with the Costa-Hawkins proposition on CA ballots this November.  What would you do?

Loading replies...