Answers by Sarah Case

Often time the discount brokerages are discounted because their services are often discounted as well. Compensation is always negotiable with any brokerage but I would ask what services they will provide with that discounted fee. It is not cheap to advertise and get your home in front of EVERY buyer possible and often times when you take the time to interview your Realtor you plan to use you will get that back with a good negotiator. We are in a tougher market for sellers so you need someone willing to negotiate for you.

Pricing your home right from the very beginning Always gets more in your pocket then marching the price down slowly. I advise you take a moment to analyze the market again and the price reduction you make be where the market and not too high.

If you lived in the home 2 of the past 5 years you are exempt if not you are subject to capital gains tax. You can do a 1031 and exchange the property into a different investment property in order to avoid capital gains. You could also move back into the property for another year if you want to avoid any tax consequences.