cap rates and realtors

[Frank Gossman]

Hello Everyone,2 Questions: Cap rates I live in Bradenton,Sarasota fl I have looked at a number of propertys a few in very good locations and cash flowing Problem I'm haveing is
these propertys are capping out at anyware from 6 to 8% I'm told by the consultants I'm useing I need at least a 10% cap. Now when I tell this to a realtor they laugh and tell me I'll not get a 10 cap in this area I really don't think they will accept anything unless
it is very very close to thier list price. Don't mention anything crative to purchase their responce is NO THE SELLER WON"T GO FOR THAT THEY WANT CASH. Sorry so long please your thoughts please !! Thank you in advance !!