Best of the no% real estate

Quote:

Originally Posted by trimmer21

That's a very unique situation. Do the agents you've approached have experience listing commercial property? If not,maybe your parents would contact an agent from outside the area with the experience needed. They could cast a much wider net. The only fly in that ointment would be zoning. There's no point listing it as commercial property if it can't be used as such by a buyer.

Hey that's the other thing. As rural as I am I'm right beside the trans canada and classed com/res

About 18 years ago we sold our 120 yr old 4000 sq ft Colonial home in downtown Whitby. Talked to a number of agents before we listed. The house was a legal commercial duplex with pool and separate garage( old stable).
First agent explained that he could sell quick for $120,000 since it had so many things going against it. Another agent studied all of the past sales in town and explained that even the new subdivision houses in the north end had never sold for over $300,000 so we should ask $280,000. ( we were three blocks south of #2, and three blocks west of #12, on a "double" lot). Some agents felt that there were no other similar listings because " there was no market for them", the pool was a liability, most families wanted a basement rec room, or aluminium storm windows, not the originals complete with wavey glass, ten foot ceilings are hard to heat, wooden pine cabinets look dated, hardwood floors are not as user friendly as laminate, etc etc.
One agent had been keeping in touch for ten years....his boss told him $310,000, settle for $300,000......He listed for $325,000, presented five offers after three days, settled for $320,000.
I did not like the fact that we had to yea or neigh each offer before we could see the next......once we had turned one down, there was no returning to it.

While we were the third owner, lived there 25 years, it has sold a few times since....our buyer flipped it after a couple years.

So still @ the end of the game I got to find out which is the most recommended of the DIY real estates?