Anonymous wrote:Investors tend to pay way under market value. I'd recommend finding a real estate agent who knows your area, then presenting them with your situation. They can handle it -- you can use contract clauses to determine the timing of the sale, and the agent can (if you want) manage all renovations if they believe that will garner a significantly higher sales price.
I had an elderly relative, recentily widowed, in a similar situation with a rental property they had. The agent managed all of it, including renovatinos and preparing for sale. She never stepped foot once in the property during the process, and just had to pay the costs of renovation and she got it back many-fold at closing.
This works well if your house is in a good area with plenty of demand.
Great. I will ask around, but any other good ways to figure out who the best and most connected real estate agents are in the area? I don't think our friends will know because we have all lived here a for over 10 years.
That's good to know about the elderly relative because we may have to help our elderly relative sell a rental and we need to agent to do it all.