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Updated over 5 years ago on . Most recent reply
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Property Mgmt vs Real Estate Agent conflict?
Hi, I've owned and managed several rental properties over the years. I recently sold a home in Laguna Hills CA and another rental in Burlington KY. I still have one rental condo (3 bed) in Laguna Niguel CA. I put the Laguna Niguel condo on the market with a Real Estate broker 3 weeks ago (just lowered it to $569,900 for 1,700 sq ft). I am currently living there and have spent 2 months getting it ready after being a rental for 9 years (same tenants all 9 years). There has been 3 open houses and 10 other showings. I just got a call on a fantastic job opportunity in North Carolina.
If I get the job I may take the condo off the market and this time rent it using an Orange County property management company for 7%. Then when I go to sell again in a year or 2 they can handle that transaction as they are also a Real Estate broker. I've never had a Property Management company and wonder if there is some kind of conflict with them being the Property Manager and then the Sellers Agent in a year or two?