Updated over 7 years ago on . Most recent reply
Selling home to current tenant.
Hello all,
I own a property with a duplex and single family home on it. I am currently subdividing the houses, as well as a wooded lot, and selling separately. My tenants in the SFH have shown alot of interest in buying the SFH. The comps I have pulled up are averaging around 290,000. I am curious what people think about selling the property to them on my own, or using a realtor. I would obviously rather keep the real estate commission if we both agree not to use realtors, but am concerned about liability. Looking for some insight from those who have structured their own deals before.
My plan was to be blunt, show them the comps and give them a firm offer. If anyone has any insight I would truly appreciate it. Thanks in advance.