Experience buy/sell flip via Redfin

[Peter Intermaggio]

Does anyone have any comments on working with Redfin end to end, as dual agent, buy then sell the property?  About to do my first flip and curious about Redfin, which appears to save a lot especially on the sell side vs. conventional agent. 

[Andy Sabisch]

What is  it that they are offering you to help in the process.  We have found that finding an investor-savvy agent to buy property on market and a solid wholesaler to buy off market properties is the perfect marriage to find deals.  As far as selling, we have used a flat fee broker for the past 5  years and what we have saved really adds up.  If you know the market and where to price your property, a listing agent is really not going to add a lot to the process and will cost you 3%,  Now before I get blasted by agents posting how mush they add to the sale on the listing side, I will say that if you are not familiar with the sales process, maybe you need to pay the 3%.  We use a listing broker that charges a nominal fee (under $300) and then we get photos taken ($250) and use the listing showing service to set showings.  When an offer from a buyer comes in from their agent, if we accept it, we contact the title company we use and send them the contract . . and they take the deal to the closing table.  Might not be the option for everyone but it saves us about 2.75% per sale which is rolled into the next deal.

See what you are getting on the buy and list end and interview a few agents to find one that meshes with your expectations.

[Peter Intermaggio]

Great advice.  Thank you very much.   I am very familiar with home sales, having moved 5 times and bought and sold 6 personal houses.  But never as investor.  I appreciate your advice.