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Old 15-09-07, 09:06 PM   #2 (permalink)
investingary
Junior Member
 
Join Date: Aug 2007
Posts: 15
Re: Re-selling Process?

Hey angel

Two ways to do it:

a) DIY - i.e. advertise yourself through papers, online, etc. and try and resell it
b) Give it to agents to resell.

If you DIY, cost is likely to be minimal. If you give to an agent, there will be a percentage commission involved in the sale.

Personally, I'd go with an agent as it may be a lot quicker than trying to resell it yourself. As long as you know how much you want for the property, make that clear to the agent so that their commission is also included in the price.

I'm not entirely sure on the other taxes, capital gains, etc. though. Best to check that out before you finally decide.

Good luck.
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