Selling Condo in Eastlake. Questions
I have been trying to be more active in the real estate game. I have a property in Eastlake area which is a 1bd 1ba 630 sq feet condo.
My next door condo (same specifications) sold in July 06 (3 weeks ago) for $270ish.
I talked to my agent that helped me buy this home and he broke down the fees to be 6% commissions, and 3% other fees (exercise tax, documentation, etc.) in Washington state.
While I get that a good agent can definitely increase the sell price, I have a direct comp next door. The pricing will be close to that one that just sold.
I research some other approaches, e.g. Redfin where they take less fees, and FSBO but that is difficult.
Anyone have any other suggestions? Or is anyone looking to invest in a condo that will bring in $1650 rental income per month in an up and coming area?
Any advice is appreciated. I want to maximize my return so that I can re-invest in a different market (Oregon).