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Updated almost 6 years ago on . Most recent reply

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1,111
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1,109
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Nick B.
  • Investor
  • North Richland Hills, TX
1,109
Votes |
1,111
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Any experience with Networth Realty?

Nick B.
  • Investor
  • North Richland Hills, TX
Posted

Hello,

Has anyone worked with Networth Realty in Dallas-Fort Worth area?

What kind of reputation do they have?

Thanks
Nick

Most Popular Reply

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9
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28
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Mark Bloom
  • Addison, TX
28
Votes |
9
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Mark Bloom
  • Addison, TX
Replied

Hello, my name is Mark Bloom. I am a founder and owner of NetWorth Realty USA. I appreciate the discussion and respect all of your opinions. I can say that at all NetWorth offices we strive to provide real numbers and quality product for our investors. All investors and real estate buyers at all levels should always double and triple check all numbers. We strive for accuracy but we cannot guarantee it. As the old adage goes, measure twice, cut once. At NetWorth, we have built a successful company on long term relationships with real estate buyers of all kinds. In DFW, at the end of the last two calendar years we have pulled all the properties that NetWorth sold to other investor/buyers throughout that entire year. In 2012 the resale price that an investor/buyer who rehabbed a property they purchased from NetWorth, and then listed that rehabbed property on the mls for resale, was 103% of the predicted ARV, on average. In 2013 we did the same statistical analysis and the sales price received on the mls was 100% of the predicted ARV, on average. I am more than happy to share this and any other info with anyone who would like to see it the numbers. I apologize that we cannot track the cost of repairs as easily or with the same accuracy. There are many places a rehab can go askew that are well outside of the control of any wholesaler. That said, we are a horizontal organization that prides itself on the highest level of customer service in the industry. If there is ever an issue with a rehab number or with anything at all, as the owner, I am always available for our buyers. I am happy to provide an extensive list of repeat and satisfied buyers. Not 3 or 4, but dozens, possibly hundreds if needed or wanted. If there is anything at all I can do to help you achieve your real estate investing goals in DFW or any other market please do not hesitate to contact me directly.

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