I can tell you from working in land development do not get greedy.There are ways for the city and for a developer to get your property for less if you give them trouble.If it's a fair offer you take it and call it a day.If they are trying to steal it or buy it for less than you could get for development yourself then you fight them.You don't give it away but for a fair offer you agree.

I can sense people would say, "What if the Seller fights you on sales price?"

Use the standardized approach to formulate your estimates keeping within those stats of similar properties, you need to do that because the reader of your plan will be using that same information and if you are too far out, without good justification, it becomes a reflection on you as a business person, are you doing or capable of doing your due diligence or are you trying to fog your way through and reap some benefit.

Everything needs to be covered so there is no fighting, bickering or finger pointing at a later date.

As to whether to use an agent or not, only you know how capable you are of the process, marketing, contracts, escrow and title, etc.

Someday you will be able to tell others about your horror story and how you either got out or stayed to fight another day.

Hire a handyman capable of getting it ready to go on the market, or do what it takes to finish it.

Someone who is not afraid of success.A never quit attitude, not to mention tough minded and sharp.Someone who has the capability to negotiate and close the deal (like me ;)Someone who has my back as I'll have theirs...

We entered into an escrow deal with the bank on a single family REO, placed the funds in escrow, then had to fight for months to get our money back out -- it was like paying double for the repairs as we had the money held up in escrow but then had to show a receipt and proof of work done to get our money back out, and somehow the bank then said they decided to put the escrow funds toward the balance of our loan instead of returning it to us after repairs were made, and it took months to get our funds returned instead of credited toward our loan balance like they wanted.

The 2nd came in at what I paid for the property, i had to fight that for about a week, had it thrown out and then the 3rd appraisal came in over the sales amount.