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 over 8 years ago,

User Stats

9
Posts
2
Votes
Robert South
  • Investor
  • Orlando, FL
2
Votes |
9
Posts

Estimating Selling Costs when disposing of Rental Real Estate

Robert South
  • Investor
  • Orlando, FL
Posted

When evaluating a rental property and considering selling expenses, what is a good realistic ballpark estimate. The properties I'm considering are around $70,000. I've heard 6% realtors fees + 2% misc for a total of 8% if placed on the MLS.

However, if I sold this property off market to another investor selling costs could be much lower but I have no idea of how low.

Any advice would be greatly appreciated.

Also, can anyone recommend a good iOS app for evaluating buy-and-hold rental properties?  I'm trying to avoid the monthly subscription model.

Thanks in advance!

Loading replies...