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Real Estate Agent: What should I expect?

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Old 05-29-2013, 10:34 AM   #16
firstdown
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Location: chesapeake, va
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Re: Real Estate Agent: What should I expect?

Quote:
Originally Posted by mredskins View Post
Honestly if the rental market is good in your area I rent it out.

I have multiply rental properties and I have done very well by it. Just be very selective about who you choose. Then at the end of the lease re-evaluate your market and decide if you should sell or rent again.

I agree with the above. Have you checked to see what the rentals are going for in that area and would it cover enough or all of the mortgage? If that would work it would probably be a good idea to list the home as For Sale or rental. There is a good chance that your home in the country will be the next best thing from living in the city down the road. Also remember the listing agent is the one who does the advertising so how is the home advertised? If you have only had two people look at the home in the past 3 months your agent might not be pushing the sale, its over priced, or your location is not desired. My guess is a combination of the first two and the agent knows that so they are not spending the time need to try and sell your home (they like the easy sales first then give attention to the tougher sales). My guess is if you pulled the listing from her she will not care because she knows its a tougher deal and if she finds a buyer she would still make a commision and not have to put in the extra effort.
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