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Updated about 7 years ago on . Most recent reply

User Stats

32
Posts
14
Votes
Kris Lippi
  • Real Estate Broker
  • Hartford, CT
14
Votes |
32
Posts

How do you sell your flips?

Kris Lippi
  • Real Estate Broker
  • Hartford, CT
Posted

While talking with a local flipper over the holidays, we got on the topic of profit from flips. One of the points he was making is that Realtors take away a significant part of his profit. His main points were that he has to find the property, buy the property, rehab the property, take all the risk and then he has to pay a commission in order sell it, which can be almost as much as he makes on the deal.

I was able to sell him on my company that offers flat fee mls listings and now have him onboard as a repeat customer for 2018. So my wheels started turning that I should be targeting flippers in order to grow my customer base. I wanted to conduct some research before doing that and figured this would be a great forum.

For anyone who flips multiple properties, how do you sell your flips?

  1. I list with a Realtor that I have a relationship with and value their service
  2. I list with a Realtor but don't see the value
  3. I sell them FSBO off the MLS (craigslist, zillow, etc)
  4. I use flat fee mls listings.

For the 4 options above, can you let me know which one applies to you and why you choose that route when you sell your flip?

Most Popular Reply

User Stats

32
Posts
14
Votes
Kris Lippi
  • Real Estate Broker
  • Hartford, CT
14
Votes |
32
Posts
Kris Lippi
  • Real Estate Broker
  • Hartford, CT
Replied

@Brian Pulaski Thanks! I hope you don't mind if I dig a little deeper. What is your track record and experience with flat fee mls listings vs full service listings? 

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