Would you do a private listing with agent on an investment home?

[Alycia Ludden]

Sorry in advance for the novel- 

My husband and I purchased a rehab property last fall. We planned to rent out the current home and eventually build a new home on the back 10 acre parcel.  Long story short, our plans have changed and we decided to do a full rehab on the current home and sell the back 10 acre parcel as well. Our realtor that helped us purchase the property will be who will list with, she does a lot of acreages in our area. However, I feel that she is undervaluing both pieces of property. She keeps mentioning that they will "see how much we paid", which in all fairness, was low due to the condition of the property (think large pole barn, garage, house and pasture full of 20 years of junk plus an abandoned mobile home that may or may not have been used as a grow house). This area is hot for acreages and she has two clients currently looking and has floated the idea of selling "as-is" on contract through a private listing with her office. She also knows of someone else looking for land in our area, so potentially has a buyer for that. I feel the prices she is giving us to definitely be on the low end of the market though after scouring this area to find this deal for 2 years and seeing what properties sold for that will be similar to what our finished product is. She also has similar listings that she has listed at the top of market value for the area. I'm wondering if she's putting too much emphasis on what we purchased it for and if the private listings in the "as-is" state would really be in our best interest. Any thoughts? Would you do a private listing to save some headaches with a rehab? 

It should be mentioned we will still be nearly doubling our investment with the prices she is suggesting, but could potentially be missing out on almost an extra 100k in profit should we finish and list at what I think it feel the market would support.