Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Seattle Real Estate Forum
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

249
Posts
54
Votes
Mushfiq S.
  • Seattle, WA
54
Votes |
249
Posts

Selling Condo in Eastlake. Questions

Mushfiq S.
  • Seattle, WA
Posted

I have been trying to be more active in the real estate game. I have a property in Eastlake area which is a 1bd 1ba 630 sq feet condo.

My next door condo (same specifications) sold in July 06 (3 weeks ago) for $270ish.

I talked to my agent that helped me buy this home and he broke down the fees to be 6% commissions, and 3% other fees (exercise tax, documentation, etc.)  in Washington state.

While I get that a good agent can definitely increase the sell price, I have a direct comp next door. The pricing will be close to that one that just sold.

I research some other approaches, e.g. Redfin where they take less fees, and FSBO but that is difficult.

Anyone have any other suggestions? Or is anyone looking to invest in a condo that will bring in $1650 rental income per month in an up and coming area?

Any advice is appreciated. I want to maximize my return so that I can re-invest in a different market (Oregon).

Loading replies...