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Updated about 2 years ago on . Most recent reply

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Bill Ward
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Votes |
240
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Selling off market, who would help me?

Bill Ward
Posted
My rental property is vacant and I'm doing repairs, expecting to sell when I'm done. I keep getting calls from investors trying to buy, but usually 75% of what I expect to sell with an agent ($190k vs $150k). I've never sold a house and I don't mind paying an agent's fee for their assistance, but the investor told me he would pay everything and I didn't need an agent. I feel like I should have an agent or a lawyer or someone smarter than me to help get through all the paperwork and the process to make sure I'm not getting the short end of the stick and looking out for my interests. Or is selling to someone like that really that simple as agreed price and sign?

Thanks

Most Popular Reply

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577
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Nathan Grabau
  • Realtor
  • Longmont, CO
632
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577
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Nathan Grabau
  • Realtor
  • Longmont, CO
Replied

You are going to make less money selling off market to someone who is contacting you like this than you would with an agent. The advantage they offer is convivence and speed. If you can wait 90 days, you will almost certainly net more money selling on market. 

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