Realtor maybe wants to buy our house?

We chose a realtor who lives on our block, now they’ve expressed interest in potentially buying our house to move into. Could maybe be a good deal for both sides, as we wouldn’t have to pay commission/broker fees etc if we don’t have to actually put it on the market, which would mean we’d be willing to sell for less, and would have less hassle to deal with. Obviously we’d need to find a mutually agreeable price.

Is this a terrible idea? A good idea? Things we should be concerned about?

I’m a bit concerned that in this market we might be undervaluing our house, but it’s also not in tip-top shape and we don’t really want to put the work/money/ time into renovation to get top $.

Location is US, Minneapolis, MN.

submitted by /u/InannasPocket
[link] [comments]

We chose a realtor who lives on our block, now they’ve expressed interest in potentially buying our house to move into. Could maybe be a good deal for both sides, as we wouldn’t have to pay commission/broker fees etc if we don’t have to actually put it on the market, which would mean we’d be willing to sell for less, and would have less hassle to deal with. Obviously we’d need to find a mutually agreeable price. Is this a terrible idea? A good idea? Things we should be concerned about? I’m a bit concerned that in this market we might be undervaluing our house, but it’s also not in tip-top shape and we don’t really want to put the work/money/ time into renovation to get top $. Location is US, Minneapolis, MN. submitted by /u/InannasPocket [link] [comments]

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