Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 6 years ago on . Most recent reply

User Stats

9
Posts
12
Votes
Jennifer Brown
  • Real Estate Broker
  • Hillsborough County, FL.
12
Votes |
9
Posts

Are investors concerned about the spread?

Jennifer Brown
  • Real Estate Broker
  • Hillsborough County, FL.
Posted

Hello, I am have been finding really amazing properties throughout the Greater Tampa Bay Area and am wondering....as long as the numbers work for a potential end Buyer (investor)- should they be concerned about my spread? 

Most Popular Reply

User Stats

922
Posts
533
Votes
Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
533
Votes |
922
Posts
Jim Goebel
  • Real Estate Investor
  • Des Moines, IA
Replied

@Jennifer Brown

We are closing on a house for 33k where a wholesaler bought for 23k.  Not bad for the little work.  I think some investors will be wired to want to move into that territory and operate as a wholesaler.  I like the deal at 33k so I'm not bothered a bit.  It will depend on who you're talking about.

That said, you're a realtor (I think).  If I'm dealing with a realtor and they are expecting more than the traditional 2.5-3% they had better be doing more than the usual realtor - ie finding off market deals, etc.

If they can do that, well, why not pay for it?  A good deal is a good deal.

Loading replies...