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Updated about 9 years ago on . Most recent reply

Account Closed
  • Real Estate Agent
  • Flint, MI
71
Votes |
270
Posts

Reducing price shows desperation?

Account Closed
  • Real Estate Agent
  • Flint, MI
Posted

Hello all,

I'm currently wholesaling a mfr and have reduced the price in order to try to move closer to getting a deal done and closing. Property is solid and definitely seems like a good turnkey deal. I would like to get something done nd have reduced the price to reflect that. Has anyone else had to reduce their deals in order to get someone to the table, how often and what has been your results?

Or should I be patient and stick to my original deal since I feel it is a great investment for someone?

Thoughts?

Most Popular Reply

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1,448
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Alex Craig
  • Real Estate Professional
  • Memphis, TN
1,543
Votes |
1,448
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Alex Craig
  • Real Estate Professional
  • Memphis, TN
Replied

I have found with wholesale deals, if the price is right, they sell immediately.  It sounds like either your price is to high or your buyers list is not big enough.

  • Alex Craig
  • 901-848-9028

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