I simultaneously refinanced my entire primary mortgage at a better rate, but only 0.25% lower than before, so it would not be worth doing that on its own, but for the cash out to reinvest, this is a little added bonus.

For bonus points, I'd recommend renting it out via a lease purchase to reduce the costs for maintenance and repairs. 

Bonus points for giving a physical printed copy to each potential tenant along with the application. 

He gets the best of both worlds ... and as an added bonus, he gets to miss out on SoCal appreciation that he would've had on his primary residence!

And NH has one of the lowest vacancy rates in the country, a nice bonus!

When appreciation does occur then that is a bonus. 

I have first hand seen the FA s in the US market these high commission deals.. much like mortgage brokers getting bonus's for selling pic a payment loans and subprime loans.

You could test the commission component by having the agent only remarks offer a bonus to the selling agent if the property sells within a certain time frame.You could also have a discussion with your listing broker about his/her willingness to adjust his/her fee if the property doesn't sell by a certain time and you have to reduce the price.

You can think of any increase in your occupancy above that estimated vacancy as bonus cash-flow that proves you're a better operator than the next guy.

@Alex Franks its actually just outside the city limits, which is another bonus as far as not having to deal with the RH zoning dept.