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Updated over 4 years ago on . Most recent reply

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Debbie C.
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31
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Alternatives to a real estate agent when selling to tenant

Debbie C.
Posted

We are planning to sell our property to a long-time tenant of many years and are looking for some assistance with the selling process. Because we’re pretty comfortable with this tenant, we would prefer to not use an agent to save on the commission. Do you have any recommendations on cheaper alternatives to agents...mostly just someone to help us through the legal paperwork and make sure everything is legit. We were looking into flat fee brokers, transaction coordinators, and real estate lawyers, but don’t know very much about them and which is best suited for our particular situation. Any advice would be very helpful! Thanks!

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Steve Morris
  • Real Estate Broker
  • Portland, OR
2,377
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Steve Morris
  • Real Estate Broker
  • Portland, OR
Replied

"This is what an agent does. Find a good agent and factor the commission into the price."

Disagree - Lawyers are better and cheaper in this instance.  She doesn't need to market the property and the transaction is selling to two parties that know each other.

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