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Updated over 4 years ago on . Most recent reply

User Stats

30
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6
Votes
Lizbeth Vaquero
  • Investor
  • Scranton, PA
6
Votes |
30
Posts

Multiple offers- submitting my "best" offer

Lizbeth Vaquero
  • Investor
  • Scranton, PA
Posted

My realtor just emailed me the Multiple offers notification, she asked me to submit my best offer by Saturday. Running some numbers on the BP calculator for fix & flip.  Anyone have an idea of usually what percentage more to offer,  what has worked for you? 

Most Popular Reply

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4,140
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3,818
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
3,818
Votes |
4,140
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Jaron Walling
  • Rental Property Investor
  • Indianapolis, IN
Replied

@Lizbeth Vaquero Is this your first deal? 

More??.. Either the deal is good and you get under contract or you walk away and keep looking. Don't let an agent dictate how much to offer. I once had agent tell me a distressed property would sell for asking and inclined to make a full price offer. I no longer work with that agent.  

I value my time so the investment better cash-flow or sell for a profit. Period. 

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