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Updated about 7 years ago on . Most recent reply

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Michael P.#1 General Real Estate Investing Contributor
  • Rental Property Investor
  • Brooke Park Drive
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Sell property to a tenant direct, avoid realtor commissions

Michael P.#1 General Real Estate Investing Contributor
  • Rental Property Investor
  • Brooke Park Drive
Posted

Anybody done this, did it really save a you a lot of money, did tenant negotiate tough or was easy to reach an agreement

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Patrice Penda
  • Investor
  • Hoboken, NJ
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Patrice Penda
  • Investor
  • Hoboken, NJ
Replied

You would save money on real estate agent commission for sure.
But on the other hand, by not listing it with an agent and exposing to the market, you might be not achieving the full market value.

So have the property appraised to know what it is worth before agreeing to a price with your tenant. 

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