The most important benefit of exclusively listing your property with a broker is representation.
Seller Guidance
It doesn’t really matter what the current real estate market is like if you are looking to replace the investment property with another investment property, the ultimate decision to sell should also be based upon if you can increase your returns with the new replacement property, not what state the current market is in now.
A broker is a licensed professional who you hire to negotiate the sale or purchase of a real estate for a fee or a commission. However, they are typically not attorneys.
As the seller of a multifamily asset, it’s crucial that the buyer you select is the best possible prospect for your property. Don’t waste time, money and opportunities: you must ensure they’re qualified, and can close and execute on the contract as signed.
There are a number of reasons why people decide to sell their multifamily property, but most can be categorized into three groups: Problems, Opportunities, and Changes. With this decision though comes the consideration of capital gains tax and how to ensure you are getting the most for the sale of your property.