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Updated about 17 years ago on . Most recent reply
My first actual question - marketing your property
Hi guys, my first question here of many to come.
Currently, I'm interested in focusing on fixer uppers & flips.
Without going into too many details (albeit - ask me if you want to know more) - I'm looking for rehabs to flip quickly ...
How quick is "quick"?? Well... I suppose I don't know yet .... but within 6 months possibly. Doing the actual work (on schedule/budget) shouldn't be a problem, since I'm a contractor - and I have a lot of resources in that area.
My biggest concern is the re-sale. Once I come up with a plan for the fix and buy the said property - I plan on putting it right back on the market while. That way, it's marketable almost immediately.
The market being slow bothers me a little bit. But I think with some footwork and creativity - I can overcome that.
So that said, I really need to be aggressive in marketing my property. I plan on actually talking with a lot of agents in the area and just getting my name out. Basically, good old fashioned "footwork"
Any ideas though?? Something I thought about was offering a bonus (built into my initial expense of course :wink: ) to the agent who sells the property. I'm not even sure if they can legally accept that - I'd have to check, but it's just an idea.
Any other thoughts?? I wrote this fast, so feel free to ask for more details or clarification if I haven't been clear here.
Thanks!!
TooMuch