Duplex Sellers
Welcome!
Debbie Marino here, broker and owner of Properties In Silicon Valley.
Ever wonder “how much is my rental property is worth?” I’m here to take the guesswork out of the “selling a duplex” process and help you resolve your problem fast. You can count on me to help you find out the answer to this question, and get top dollar for your rental property as quickly as possible.
Welcome!
Debbie Marino here, broker and owner of Properties In Silicon Valley.
Ever wonder “how much is my rental property is worth?” I’m here to take the guesswork out of the “selling a duplex” process and help you resolve your problem fast. You can count on me to help you find out the answer to this question, and get top dollar for your rental property as quickly as possible.
Selling a Duplex Rental Property in Silicon Valley
Owning a duplex isn’t right for everyone – and the good news is I can help you sell yours with maximum profit. I’ve helped many people sell duplexes all over Silicon Valley. Including people who simply didn’t want to be landlords, those who wanted to diversify their portfolios, and those who wanted to “trade up” a property to earn even more income. Several clients:
Whatever your reason is for selling a duplex, we are here to help. Call today and find out how much your rental property is worth so you can make an informed decision that’s right for you.
Why Work With Me
Selling a duplex is different from selling a single-family home – and you need to work with a skilled, experienced Silicon Valley multifamily REALTOR® who understands the ins and outs of pricing, marketing and negotiation in order to sell quickly and at the right price. This guide explains how your REALTOR will determine how much your rental property is worth when you sell a duplex in Silicon Valley.
Why Work With Me
Selling a duplex is different from selling a single-family home – and you need to work with a skilled, experienced Silicon Valley multifamily REALTOR® who understands the ins and outs of pricing, marketing and negotiation in order to sell quickly and at the right price. This guide explains how your REALTOR will determine how much your rental property is worth when you sell a duplex in Silicon Valley.
How Much is My Rental Property Worth?
If you’re like many people, the first thing you want to know is how much your rental property is worth – and that’s an important figure. If you don’t know how much your duplex is worth, you can’t be sure you’re making the best decision for your financial future.
When you’re selling a duplex, your REALTOR will factor in things like:
- Individual unit sizes
- Location
- Rent prices and net operating income
- Property amenities
- The property’s age
- Any recent upgrades
- Cap rate
All of these things help you and your agent settle on a competitive listing price for the property. The bottom line is that your duplex is only worth what another investor is willing to pay for it, and you have to find the perfect price range to bring in interested (and qualified) buyers.
What Happens if You Ask Too Much When You’re Selling a Duplex in Silicon Valley?
Though it may seem counterintuitive to ask buyers to pay exactly what you want when you’re selling a duplex – rather than going high and letting people “talk you down” – the best way to bring in the widest pool of qualified buyers is to price it correctly right out of the gate. If you price your duplex too high, it’s going to sit on the market, unsold, until you lower the price. (And that strategy can backfire.)
There are two issues with pricing your duplex too high.
First Issue:
Buyers are very tech savvy today and conduct a lot of research on the internet prior to entering the market. Therefore, they can clearly see current prices and trends, and know what properties are worth in today’s market.
Second Issue:
Buyers know how much they can afford to spend when they start looking at duplexes for sale, and most begin their property searches online with specific parameters in mind.
Here is an example: If you list a duplex for $950,000 when it’s really worth $800,000, the buyers who can afford to purchase it at a reasonable price will never see it; they’re only looking at homes in their own price range. Even worse, the buyers who can afford a $950,000 duplex will see yours and compare it to other duplexes in the same price range – and unfortunately, yours is going to come up short.
What Happens if You Ask Too Little When You’re Selling a Duplex?
If you ask too little for your duplex, you’re leaving money on the table. That’s cash that could be in your pocket, going toward another investment property, or used to improve other properties that you currently own.
How Much is My Rental Property Worth?
If you’re like many people, the first thing you want to know is how much your rental property is worth – and that’s an important figure. If you don’t know how much your duplex is worth, you can’t be sure you’re making the best decision for your financial future.
When you’re selling a duplex, your REALTOR will factor in things like:
- Individual unit sizes
- Location
- Rent prices and net operating income
- Property amenities
- The property’s age
- Any recent upgrades
- Cap rate
All of these things help you and your agent settle on a competitive listing price for the property. The bottom line is that your duplex is only worth what another investor is willing to pay for it, and you have to find the perfect price range to bring in interested (and qualified) buyers.
What Happens if You Ask Too Much When You’re Selling a Duplex in Silicon Valley?
Though it may seem counterintuitive to ask buyers to pay exactly what you want when you’re selling a duplex – rather than going high and letting people “talk you down” – the best way to bring in the widest pool of qualified buyers is to price it correctly right out of the gate. If you price your duplex too high, it’s going to sit on the market, unsold, until you lower the price. (And that strategy can backfire.)
There are two issues with pricing your duplex too high.
First Issue:
Buyers are very tech savvy today and conduct a lot of research on the internet prior to entering the market. Therefore, they can clearly see current prices and trends, and know what properties are worth in today’s market.
Second Issue:
Buyers know how much they can afford to spend when they start looking at duplexes for sale, and most begin their property searches online with specific parameters in mind.
Here is an example: If you list a duplex for $950,000 when it’s really worth $800,000, the buyers who can afford to purchase it at a reasonable price will never see it; they’re only looking at homes in their own price range. Even worse, the buyers who can afford a $950,000 duplex will see yours and compare it to other duplexes in the same price range – and unfortunately, yours is going to come up short.
What Happens if You Ask Too Little When You’re Selling a Duplex?
If you ask too little for your duplex, you’re leaving money on the table. That’s cash that could be in your pocket, going toward another investment property, or used to improve other properties that you currently own.
I Can Help Improve Your Property
Unlike your average realtor, I’m not afraid to get my hands dirty and “dive in” to help prepare the property for sale. I have teamed up with several contractors and vendors who have the experience and skills necessary to repair or remodel your property. We can work within your budget to prepare your duplex so that it attracts the most qualified buyers.
Before & After Photos
Your One-on-One Consultant
When you’re selling a duplex in Silicon Valley, you deserve individualized attention – and because I’m the sole owner and broker of my company, that’s exactly what you get. I’ll take the time to get to know you and ensure that I understand your situation, and I’ll work very hard to help you sell your duplex at the best possible price.
How Do I Find Out How Much My Rental Property is Worth?
The best way to find out how much your rental property is worth is to talk to a multifamily REALTOR in Silicon Valley who can get hands-on and do the math for you. Your agent will evaluate your duplex and compare it to other, similar duplexes in the same area to find out what buyers are willing to pay in today’s market.
Ready to Talk About Selling a Duplex Investment Property in Silicon Valley?
Ready to Talk About Selling a Duplex Investment Property in Silicon Valley?
It doesn’t matter why you want to sell your duplex investment property; we can get you out from under it so you’re free to invest your money elsewhere. Book an appointment, call or text 408-210-2400 to speak to a multifamily REALTOR who can tell you exactly how much your rental property is worth now.
Contact Me Today for a Free, No Obligation Consultation
It doesn’t matter why you want to sell your duplex investment property; we can get you out from under it so you’re free to invest your money elsewhere. Book an appointment, call or text 408-210-2400 to speak to a multifamily REALTOR who can tell you exactly how much your rental property is worth now.
Contact Me Today for a Free, No Obligation Consultation
