I've owned a condo for just under 4 years. Lease is about to expire, and I have had the same tenant the entire time. The real estate agent who sold me the condo also found my tenant and has written up our contracts.
I recently contacted the real estate agent to try to determine, should my tenant wish to leave at the end of the term, what she thought of the current market for rental or sale of the unit. In return, she opined on the current market and sent me some comps.
I reached out the the tenant, who also has been working with a real estate agent to look for properties for purchase. In our back and forth, she let me know that she would be interested in a purchase of my unit.

My question is, what would be a reasonable way in which to structure realtor fees if we move forward with this transaction? Neither realtor would be really doing a lot of research or leg work in order to make the deal happen, so it seems crazy to pay full commission for such a sale. I am sort of tired of being a landlord, but a full commission would make the sale (at what I would anticipate would be the sale price) not a very good investment overall. That being said, I don't know how much leeway they even have for reducing their commissions typically if they work for an agency (mine does).
Thanks in advance

What does management contract say about sales if anything, otherwise do it yourself and save 6 %

Deats99 said:

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What does management contract say about sales if anything, otherwise do it yourself and save 6 %

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Nothing. The agent per the lease agreement is acting as a dual agent representing both the tenant and the landlord. There is nothing stipulated regarding a sale of the property, and the agent has not been acting as a manager. I have used her to write up and broker the lease agreements, but that is about all. Also, she did just get me comps.

I am as pro realtor as they come(loan Officer married to an agent, getting my real estate license) but I would say, go pick up a for sale by owner kit from your favorite title company or pay your attorney to draw up a contract($500)
Just my 20 year loan officer 2 cents
Maybe throw your agent a grip just so as to not burn that bridge