Investor · San Diego, CA · Member since 2019 · 326 posts · 266 votes
5y
If the numbers still works with an agent, I would go with that. It is the easiest and fastest way to get your property on as many eyes as possible. If you do not mind waiting a bit you could try and sell it yourself and save the cost.
Ive had fun with my Duplex , I rented it out and fixed it up. Its been 8 months i live in one side and rent out the other.
Ive made all the mistakes , now i kind of just want to get the money i put in out.
Market evaluation isnt too hard , but im wondering if i should still go with a real estate agent or sell it by myself.
I want to minimise my investment losses and move forward with new invrstment ideas.
This is in Utah weber county , if anyone has any advice it would be greatly appreciative.
I am an agent but prior to going into real estate full time I have sold a few investment properties FSBO. It's a really hot market and there is a chance you will get a good price on your own. Try it 10 days including 2 weekends. It's either gonna pop quick or not. If it doesn't, hire the agent who has impressed you.
Investor · Las Vegas, NV · Member since 2013 · 8k+ posts · 10k+ votes
5y
Assuming you're going to pay any realtor that brings you a buyer 2.5% it might be worth it to pay a listing agent 1% to get the good photos and MLS listing.
Ps. OF COURSE you aren’t going to complete the sale for 4 more months unless you didn’t make any profit on the deal. Otherwise you’ll pay regular income tax instead of long term capital gains tax. (I would tell you to wait 16 months so your half was completely tax free but you don’t sound interested, and maybe you didn’t make any money, especially after selling costs. )