Feasibility of selling without a broker?
I have a stake in a collection of rental properties (78 units, ~$85,000 a unit) and the previous sales in the area have convinced my partners and I that a sale now may be in our best interest.
Now...one partner is highly opposed to brokers/agents/etc. I'm more of the practical type to just pay a few percent and move on with my life, but hey, it is what it is.
This all makes me curious: To what degree is it feasible at all to sell a decent number of units for a price north of $6 million on our own? I don't like the idea, but to the extent it's feasible, I can do the work. But it just feels so unlikely offhand, with an entire ecosystem built around the broker/agent model.
Any ideas?
Now...one partner is highly opposed to brokers/agents/etc. I'm more of the practical type to just pay a few percent and move on with my life, but hey, it is what it is.
This all makes me curious: To what degree is it feasible at all to sell a decent number of units for a price north of $6 million on our own? I don't like the idea, but to the extent it's feasible, I can do the work. But it just feels so unlikely offhand, with an entire ecosystem built around the broker/agent model.
Any ideas?