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.
Real Estate Deal Analysis & Advice
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 7 years ago,

User Stats

3,409
Posts
4,011
Votes
Charlie MacPherson
  • China, ME
4,011
Votes |
3,409
Posts

THIS is why you should sell through a good real estate agent!

Charlie MacPherson
  • China, ME
Posted

I just sold a SFR rental property for another BP'er who lives out of state - we just went on record at the Registry of Deeds a few minutes ago.

I knew that the market was very hot in Quincy, MA where the house was located, so I set the listing up specifically to orchestrate a bidding war, using a combination of timing and strategy.

I got about 65 people through a 2-hour open house.  It looked like the Marines storming the beaches at Normandy (minus the blood and death, of course), landing SEVEN offers that day.

It was a 1031 exchange for my client and we had a lot of static getting the tenant out, but because I retained  an attorney as my broker of record, all of it was handled with relative ease and at a low cost for my

Final tally:  $59,600.00 over asking price with the high bidder waiving his home inspection contingency!

Loading replies...