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Results 1 to 4 of 4
  1. #1
    Join Date
    Apr 2008
    Posts
    1

    Default Selling Our Condo

    My husband and I are considering in selling our secondary property in North Brunswick, NJ (Condo) that we've rented for nearly 2 years. But we are trying to find the most cost effective solution in selling our property. Meaning either finding a real state agent with low commission rates, and or posting our property on the web. Foxtons was suppose to be our ultimate solution for a 2% commission rate but it was quite disappointing to find that they had already filed for chapter 11. What are our best options towards this approach? We feel that going through a real state agent would the best choice, but where can we find a good commission rate for this route?

  2. #2
    Jim's Avatar
    Jim
    Jim is offline Fixer Upper
    Join Date
    Jul 2006
    Location
    California
    Posts
    76

    Default

    Commissions are negotiable. I suggest you contact some local agents that are still in business and see what they can do for you.

  3. #3
    Codythebest's Avatar
    Codythebest is offline Mansion
    Join Date
    Nov 2006
    Posts
    1,232

    Default

    Let's say this:
    You are a car dealership salesperson.
    This morning, your boss told you that they are 2 identical mercedes on the parking lot that need to go.
    One is a 500SL with options ABC. It's BLUE
    The other one is a 500SL with options ABC. It's RED
    You boss tells you that if you sell the BLUE one, you'll get $10,000 commission on the sale. The car is priced at $75,000
    And he says that if you sell the RED one, you'll get $2,000 commisson on the sale. The RED car price is $75,000

    Now, a guy is coming and ask to buy a 500SL with the options ABC. He gets $75,000 in his pocket.

    What car are you tempting to push and sell??

  4. #4
    jron is offline Condominium
    Join Date
    Apr 2008
    Posts
    148

    Default

    Local agents are big help on issues like this I really believe that having them to help you will be great as Jim said commissions are negotiable. So win/win situation there.

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