You don't pay commission fees, capital gains or other ******** taxes on good debt and that is nice especially if someone else could be paying it down for you. 

I would get about $100,000 to $120,000 net proceeds after paying off the loans, realtor commission, and closing costs.  

How much monthly passive income have you made from Re/Max outside of commissions?  

Real estate mutual funds are exempt from registration with the Securities and Exchange Commission or the SEC, and they are exempt under what is known as Regulation D, Rule 506.

FSBO, expired or folks that agents cold call) may require multiple appointments because it takes more time to develop trust, identify the ideal timeline to sell and agree on pricing/commission/etc.- Warm sellers (i.e. referrals and people from agent's database) may already trust you and just want to meet to get an understanding of the process/next steps.

We have substantial closing costs on the sale, primarily transfer tax and realtors' commissions.

Personally, I like option #1 (I know a lot of agents will push you to #2 as that's how they make commission), but it helps in keeping an asset and using that capital to buy something more productive.

By making the individual get licensed, now the consumer can go to state real estate commission, department of licensing, and state guarantee funds to seek restitution if they have been scammed. 

Used the 3% realtor commission as a credit towards my closing costs.

If you have Sales people chasing big commissions, your rental issue will take a back seat.