I often talk about how I'm worried that property will see some moderate falls over the next few months and years, yet I personally own a IP so I always felt a little contradictory whenever I was pessimistic on the property markets future. Well the mate I invested with has returned from his 2 months holiday and today we put the IP on the market. So my integrity is feeling a little better this evening, and I'm feeling a bit like I felt when we first bough the place - quite nervous. This is all new to me so I'm quite interested in the process of it all. One thing I was confused by, was the inability of real estate agents to set commisions above a certain point. My mate and I were very keen to employ an commision rate which actually gave the agent a vested inteerst to acheive a maximum price by weighting the commision heavily towards the top end of the sale price (ie she get 10- 20% commision for every dollar over X) making it more of an incentive to get that extra 5, 10 or 20K. I just felt that the system in its current form pushed the quick sale rather than achiveing maximum price. Speaking of price we ended up listing the place for $111,000 above what we original bought it for 3 months ago, which should be interest... Does anyone have some good advice for a first time seller? Any tips and tricks are very welcome.