Updated about 8 years ago on . Most recent reply
Listing your own property
I have a home that I recently bought to fix and flip. Renovations are just about done and I'll be ready to sell in a few weeks. I want to market the property on the MLS to expose it to other agents, however, since I don't receive 100% of my commission I don't want to pay the selling side of the commission because that will reduce my net profit as the investor. If I list it, I'll get paid as an agent and investor, but I'm just uncertain about the best possible outcome since this is my first time wearing two hats. So for all my investor/agents out there, what are the best practices or scenarios to net the most money?
Most Popular Reply
Just flat fee list it where there is no sellers agent commission and offer the standard buyers agent commission in your area. We do this with all our flips and it’s $160 to list it with a flat fee broker.