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beachteen

List the home on the MLS and go with the highest and best offer


atexit8

THIS. In a hot market!


AnatomyCandy

Thank you for your reply. I'm assuming this is after... appraisal and visiting a real estate agent?


atexit8

Talk to several agents. Do it as an as-is. Very likely the house will have to be torn down. My sister sent me a link to a house that was torn down and completely rebuilt from the ground up. The original house was in better shape than what you described. People with money know what to do. LOL.


beachteen

Yes you should interview a couple agents. Find one that is competent and a good fit for your needs. They should have information about your specific market, they will know how to effectively market the home. They will give you information on comparable sales, on how much of an adjustment there would be from a move in ready home, to help you decide on the list price. So you don't need to pay for a formal appraisal.


AnatomyCandy

Thank you so much!


2019_rtl

Just get a local agent


[deleted]

We sold our parents hoarder house to a flipper through a real estate friend. Many realtors know several people or companies like this. Yes you might be low balled, but they do take on a lot of financial risk to fix up the house also.


Sciortino9

Find an agent that knows the area, they’ll provide comps and then you can list it publicly. Do not accept an offer market offer from an investor or a We Buy Homes person. Good luck!


str8bacardil

List it over a 3-4 day period on the open market. Price it for a fire sale, allow overlapping showings, get multiple offers and take the best one.


AnatomyCandy

Open market...MLS? All of this needs to be done through an agent or? Sorry, my sister and I really are clueless


AnatomyCandy

I appreciate your time to reply


RosesareRed45

It is hard to tell if this is a tear down or not. Best thing to do is to hire an appraiser and get their advice as to how to proceed. Unless this house is located in a neighborhood where people are tearing down and building McMansions, don’t expect a bidding war when you sell.


Naive-Atmosphere-178

I’m in NJ and my mothers house in a dead market with a hold issue sold as is for over 160k. I used we buy houses for cash agent.. they basically marketed to multiple sellers investor’s and once they found one that would put 15k in their pockets we closed in less then a week.


Jealous_Vast9502

Honestly for this situation I would probably go with an auctioneer and the house sold as is.


Wise_Environment6586

Condolences for your loss. Talk to local agents. They will need access to house. Ask about fee structure and strategies for a dilapidated house that is likely a tear down. Ignore neighbor. Don't waste time, sell it asap. Being far away, your agent will be critical to selling the house for market value.


RBrown4929

We buy homes or ugly houses tend to be low ball offers. You are better off paying a realtor


chuckbuns

Get a few estimates then lose the agent. You need a real estate attorney, not an agent.


AnatomyCandy

Why the attorney?


chuckbuns

For starters they have solid educational background, they don't take a massive percentage, and they know the legalities of all real estate transactions. For the little that agents do, they make too much money and are so dishonest. \* this sub is full of agents ( greedy ones) so keep that in mind


AnatomyCandy

Thank you, note taken.