"I'm selling my 3000sq ft, 5 bed, 3.5 bath home for 319k as fsbo right now."
You've got two houses: a 6/3.5 and a 5/2. Which one are we talking about?
If it's the 6/3.5, you bought it for $90, and you think it's worth about $130. If you're able to sell it for $319---- that's ten kinds of awesome.
If it's the 5/2, you bought it for $220, and you think it's worth $260. If you're still able to sell it for $319---- that's great, too.
Remember what had happened in the first place. You had bought it to be a rooming house, and then the municipality explained they had an ordinance in place that limited the number of unrelated individuals who could share a house.
You were talking about declaring bankruptcy, because you had 100% vacancy. (I didn't quite catch house the city didn't just make you boot the last people who took the limit over the allowable number, or if the entire group packed up and left?)
If it's the 5/2, the mortgage is $700/month and the utilities run you $300/month, if you're still keeping an actively heated/electrified house.
If it's the 6/3.5, the mortgage is $1400 and the utilities are $400, if you're still keeping a heated/electrified house.
Every month it doesn't sell is $1,000 out of your pocket, minimum. (Or $1,800 out of your pocket. And you've still got the expenditures from the other one continuing to weigh on you.)
Don't worry about squeezing out every dime. :) Right now, your motivation is to get $1,000/month (or $1,800/month) of your life back--- and get back the $12k (or the $20k) you've paid towards it so far.
You bought the thing for $90. (Or $220.)
You think it's reasonable to ask $310,000-- and it may well be.
But you're getting bogged down with the details of trying to get the awesomest deal possible, when you forget that you're supposed to be fleeing from it because it's a giant albatross around your business' neck.
Just. Get. Rid. Of. It. :)
Whether that's you selling it yourself, or giving it to an experienced agent to sell on your behalf, that's up to you. If I were in your shoes, I would go to whoever had the top sales and the best track record of results and ask to list with them. You don't want to take it to a firm and end up getting listed with someone who has zero sales to their name.
You want someone who gets results--- and you pay for those results.
Because you gotta get rid of it-- or both of them-- before it (they?) collapses your biz. Because having $2800/month coming out of your cash cushion-- and with ill parents on top of it and an uncertain job situation? --is not the best path towards success. You need to get your resources back, and reallocate them more sensibly.
But the first step is getting those resources back. If that means giving someone else $x in the process in exchange for results, that's part of the cost of doing business.
Don't be penny wise and pound foolish. :) --96.46.xxx.xx