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Updated almost 4 years ago,
How to price offers for off-market deals
I have been running into the issue of not knowing how to price offers for off-market deals I find from direct mail campaigns.
I am operating in a market with a very heterogenous real estate landscape in a relatively small county, so comparable sales data from Zillow, Realtor, etc is a little finnicky.
Does anyone have a strategy for how to price offers? I am hoping to send some blind offers in my letters, and I want to develop a good system for determining price.
Thank you!
-Eli