Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Rehabbing & House Flipping
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 10 years ago on . Most recent reply

Account Closed
  • Brooklyn, NY
2
Votes |
32
Posts

Can't sell my flip

Account Closed
  • Brooklyn, NY
Posted

hello, what should one do if his newly renovated house was on the market for over a year, had at least 3 price drops and went through 3 different brokers?

Most Popular Reply

User Stats

661
Posts
400
Votes
Andrew Cordle
  • Real Estate Consultant
  • Alpharetta, GA
400
Votes |
661
Posts
Andrew Cordle
  • Real Estate Consultant
  • Alpharetta, GA
Replied

@Account Closed

Hey, here are some of my thoughts...

When I list flips (over 100 this year) I am watching a few things:

1. If I list a flip and do not get several showings within 2 weeks then I can assume that the house is over priced. Buyers do NOT show up for houses that are over priced no matter whats inside them.

2. If I list a house and get several showings but no offers then I can assume that it is something at or about the house. So I will begin to make changes. If people are showing up to the house it is priced right but there is something at the house that is saying don't buy this house.

Also keep in mind when flipping there are three things that sale houses:

1. PRICE

2. PRODUCT

3. PRESENTATION

You must focus on those three things when you are working on your outcome or sales.

If you have any questions please let me know I am more than happy to help you in any way. Again flipping is my game I have done literally 100's of them. I bought over 1 million dollars this week alone in new flips.

Good Luck!

Andrew

Loading replies...