All Topics / General Property / Selling IP

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  • Profile photo of bambam.phelpsbambam.phelps
    Participant
    @bambam.phelps
    Join Date: 2010
    Post Count: 4
    November 14, 2011 - 6:37 am

    Hi All

    I own an IP in Cairns (close to town, shops schools etc)

    Currently rented at $345 / week, excellent tenants who pay rent direct so no property manager, 12 months to go on tenancy, they pay water.

    3 bedroom, 2 bathroom, fully fenced 2 year old home (good depreciation)

    Any ideas how to minimise agents fees when selling?

    I want $325,000-$330,000 in the bank.

    Any websites that have been used by other investors?

    Thanks for your help in advance
    Cheers

    Profile photo of SezSez
    Member
    @sez
    Join Date: 2011
    Post Count: 26
    November 17, 2011 - 12:43 am

    I know in VIC there has recently been an increase in "flat fee selling" perhaps look around for an agent who has a flat fee, no percentage rates, to help minimise the cost while getting a good price. Also, see if there are any independent agencies, sometimes these agencies are cheaper as they don't have to fork out for franchise fees from every sale :).

Viewing 2 posts - 1 through 2 (of 2 total)

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