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May 25, 2012, 01:50:44 PM

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Real Estate Investing Forums  |  Real Estate Investing  |  Marketing Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: How Would You Market This Property? « previous next »
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AJ290
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« on: August 10, 2008, 10:07:21 AM »

The owner of a house, friend of mine, asked for some assistance in marketing the sale of his house.
It's located in a rather desirable and high end area of Miami.  He's asking $1.2M, but is reasonable and well aware of the local real estate market. He just wants to be done with it and get his cash out. 
A successful effort by me will be worth something to him.  Needless to say, I want to find a buyer.  How would you go about marketing a house in this price range, in this real estate market?
Thanks for any suggestions.
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j1dias
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« Reply #1 on: August 12, 2008, 09:09:14 PM »

AJ290 - whatever you do make sure you don't act like a real estate agent without a license. In my state, to sell real estate you need to own it or have a license, or be an attorney administering a estate, or be appointed by the court, etc... Florida may have similar rules.

I hope this helps.
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moellerryan
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« Reply #2 on: August 15, 2008, 02:51:10 PM »

My recommendation is to find out and contact the buyers agents for anyone who has purchased in that area and price range.  If they are good, they will have a buyers list for that type of property.  You will have to negotiate some kind of commission for them.  You can always List it as for sale by owner too.  I am not an agent by the way.  Buyers in that price range don't scour Craigslist or the newspaper looking for a diamond in the rough.  They hire an agent to do it for them.  Just my advice.
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« Reply #3 on: August 21, 2008, 11:34:31 AM »

Aside from the advice given by the people above me, I know that people have had some pretty good success with craigslist.com.  You also might want to consider kijiji.com, which is a free classifieds service run by ebay.  Not sure how well that one does, but it is definitely growing in popularity (nothing like craigslist though...).
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Real Estate Investing Forums  |  Real Estate Investing  |  Marketing Forum (Moderators: $Cash$, Bluemoon06, kdhastedt, Mdhaas, motivatedceo)  |  Topic: How Would You Market This Property? « previous next »
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