Selling Investment property on Roofstock or HomeUnion?

[Mike Thoeresz]

I purchased a turnkey 4 bed 2 bath property in Muncie, IN in 2017. It has been preforming nicely but I moved to a lower cost of living city and purchased a 4-plex. I'd like to purchase more property locally but I have money tied up in my Muncie property and I'd like to sell it. The property has a tenant in place. I purchased it for $105k and the current rent is $1100/month. The tenant signed a two year lease two months ago. 

Has anyone used HomeUnion or Roofstock to sell an investment property? How easy was the process? Was it really only 2.5% in fee's? My property is pretty close to turnkey--will they request a lot of changes or upgrades? 

Any info is greatly appreciated! You can PM if you're uncomfortable posting about these large companies publically. Much thanks! 

[Ali Boone]

I don't know anything about selling with them to answer your question, but regardless of what they offer, I'd also check in with a regular real estate agent as well. Anyone who goes through Roofstock or HomeUnion will be an investor, and investors are always looking for deals. Oftentimes if you can sell to a primary home buyer instead, you're bound to get more for the property. And a regular real estate agent would do that. At a minimum one could at least give you an idea of what the property might be able to sell for, so when Roofstock or HomeUnion gives you a number, you have some comparison factor.