[JuLee]

New to homeowning... Have a condo in St.Paul, MN. Want to sell. Who's the best company to go through to save me money? Condo only worth about $75,000, not many agents into it because they wouldn't make much money out of it I think. Any ideas?

[momincali]

Depends, why do you want to sell? In other words, what's your motivation?

[JuLee]

Having a baby and moving back with the inlaws. Just don't want to spend too much money selling because the place isn't worth much to begin with.

[momincali]

Have you considered leasing it? You have some time, I would consider hiring a "help u sell" agent. Because they require some assistance from you, the commissions are much lower. If you're still making payments and the payments are hefty, it makes sense to sell it asap, therefore, pay a more handsome commission to attract more selling agents to show your property and sell it, or...

(and my broker would kill me for suggesting this) you can go for sale by owner saving yourself the commission altogether or merely offering a "bonus" to anyone who refers a buyer (actually buys the property) to you, agents included. Commission is up to you if you choose that route, just remember, offering a higher commission almost always results in a faster sale and saving you another months mortgage payment.

[norcali]

Try using www.Craigslist.org -- they have a real estate for sale section. It's free and it's usually best suited for low-priced shoppers.

[Guest]

There are investor groups that have lists of rent-to-own and lease-option buyers. These are great renters because they are on their way to ownership. Work with a mortgage broker to run credit to make sure they will be able to buy within a specified period. Good ones will be happy to help with the prospect of handling the mortgage once the owner buys. Referral fees are usually paid out of the lease option/down payment from the buyer with no cost to you (and no realtor fees)