Property to Command x price vs Asking price

[Jennifer Lee]

hi all

I was talking to my hubby.

We just acquired our next project.

We were going over our numbers, budget and planning.

Looking over comps.

Hubby: so what is our asking price?

Me: I don't know. But I want the property to COMMAND $x price when I'm done with it!

As an investor I'm adding value to this acquisition. Hopefully making the right value added decidions so it can command X price.

As a Realtor, I just showed a house yesterday. My buyer said, "Man this looks like a flip!" Of course she was right. She said, "nope not paying for this." It was unfinished and asking was higher end.

As a flipper, the last thing I want is someone to think my product is a flip job.  I strive for quality work, at competitive price. I do higher end flips.

I just thought it was funny, when I talk to my sellers on listing appointment we use the word ASKING price... Bc most time there are issues with the home.

But when I do my projects and I address the issues the properties had, I use the word COMMAND. 

Anyone else think this too?