Question on the topic #immobilien (Sale) 🏠
A good friend of mine has owned a small, nice 2-room apartment in the center of a medium-sized East German city (Chemnitz) for about 25 years, but it hardly #miete generated. We're talking about a low three-digit sum per month. 💶
A few days ago, he received a call from a prospective buyer who already owns 4-5 properties in the city, some of them in the same residential building. Unfortunately, my friend - just like me - doesn't know how to measure the current value of his property so that he can negotiate a fair price. #deal could negotiate. 🤝 There are also only 1-2 comparable properties on the internet. 🫤
He also wonders whether it is particularly wise to sell the property at all. He wouldn't need to, it's been paid off for a few years and he would simply invest the (probably) mid-high five-figure sum in #fonds or #festgeld not in another property.📈
Hence my question to the #community Have you ever had to make a similar decision? What are the criteria for selling/holding a property and how would you go about selling a property? #bewertung and the sale of a property? Maybe even seek advice?👨💼
Looking forward to your insights!