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Updated almost 11 years ago,
Buy and List business model.. pros and cons?
Hey BP,
I wanted to get your thoughts on a business model that both buys and lists properties for motivated homeowners. I definitely want to be an investor before realtor but I thought to myself why not be both? Obviously selling a home to a cash buyer has its benefits to homeowners but so does listing it on the open market with a realtor. I figure my marketing campaigns would bring in calls from home owners with different motivation levels with different needs and wants so why pass off leads that I could otherwise be taking advantage of by listing the "Un-wholesalable/purchasable" properties myself? I have my license and wanted to structure and market my business as a real estate solutions based company that solves real estate problems. I know the big thing behind this is making sure that I disclose and establish how exactly I'm helping them but if i do this accordingly is there any reason why this wouldn't be a good business model to follow?