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Updated over 6 years ago on . Most recent reply

User Stats

32
Posts
16
Votes
Kyle Rosseau
  • Investor
  • San Francisco, CA
16
Votes |
32
Posts

Selling a Fixer Upper - Advice on best way to find buyer

Kyle Rosseau
  • Investor
  • San Francisco, CA
Posted

Hi BP community,

My wife and I just purchased a fixer upper in Marin County, CA. The home needs some significant work which we are excited about, but I am starting to get a little nervous that it is too big of a project for us right now. Therefore, I am considering selling it once we close. It was a probate sale (which took a long time to run through the process) and was not marketed very well. It is also the best school district in Marin County and therefore a very desirable town. For Marin the lot is very large 10,000 square ft so expansion is an option.

My question is: What is the best way to find an investor/developer/buyer to purchase this property. I am talking with my agent and he has a network of other agents which he will shop this around if we do decide to sell. Most of his network is your typical residential buyer. Are there websites I could post on, groups I could reach out to or would it be possible to work with a wholesaler that has a buyer’s database?

Thanks in advance for your help.

Kyle 

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