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Updated about 10 years ago on . Most recent reply

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Rick Ramus
  • Investor
  • Fort Collins, CO
0
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4
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Does anyone NOT use a realtor when selling flips?

Rick Ramus
  • Investor
  • Fort Collins, CO
Posted

With many profit margins on the small side, has anyone tried either FSBO or just buying a MLS listing to reduce closing costs? To take it one step further, has anyone been able to successfully sell without any realtors on either side? Or is not possible to reach a large enough audience? I've successfully sold my own home FSBO on a couple of occasions in the past, but could afford to wait until a good buyer came along. Seems like a different ballgame with flips.

Most Popular Reply

User Stats

258
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90
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Morry Eghbal
  • Real Estate Investor
  • Rancho Cucamonga, CA
90
Votes |
258
Posts
Morry Eghbal
  • Real Estate Investor
  • Rancho Cucamonga, CA
Replied

Yes, on a skinny deals you have a problem. There are two places you can go and get a buyer fast. Go to a Trustee sale, you find investors with cashier check that can not find enough deals. Tell them you have a deal that they can make some money. 

Connect with investors club.

For example Arizona Real Estate Investors Association, puts out a news letter for investors to advertise their flips I thought it was brilliant.

Finally....My dear friend, always remember you make your money when you buy the property and not when you sell it...therefore you have to purchase it at the right price so everything else can fall into their place....best wishes to you.

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