Need a Flippin exit strategy

[Kevin McCarthy]

When you guys buy, rehab, and sell are you listing the house yourself or outsourcing to a real estate agent? What happens if the real estate agent can't sell for what you want and lowers the price to the point where you barely make any profit?

[William C.]

Just to be clear the agent isn't the one lowering the price, the market is. If a Home isn't selling in today's market, it's over priced, simple as that. The agent can't lower then price without your approval. So again regarding your original statement, if they have to lower the price to a point where the Home will sell and you make barely any profit, you ran the numbers wrong and it's your fault you made no profit, not the agents. Agents don't sell homes, price does. We manage the process, shelter you from liability, and good ones will be able to negotiate a deal that will at the very least pay for the commission if not more. Chances are if you list with a flat fee service you'll end up paying 2.5-3% to a buyers agent. So your only actually saving 2.5-3%. Good luck. Like I said a good agent will easily make it well worth the 2.5% so you are not sued, holding worthless open houses, and pulling your hair out by the end of the deal.