All Forum Posts by: Bog Morgan

Well said, Laura.  But your investors send you an address?  I would think it would be the other way around.   My realtor seems lazy.  And I found it frustrating when she would send me a bunch of listings in which most were definitely not fix 'n' flips.  I told her that I have $2 million sitting on the sidelines and ready for the right deals.  Apparently that didn't get her attention.   When someone is making tens of thousands on one property I don't think it's unreasonable to expect them to do more than show the property and get a contract signed.  If she doesn't want to do more than that, I will use someone else.   

As I mentioned, I only do cash deals.  I guess I was wrong for assuming that the realtor would be expected to work harder for these transactions.  I thought $40K (net) or so per buy/sell cycle with repeat business would be attractive.  Apparently it's not that.

I am not a tire kicker.  So you're saying that if she includes properties that in no way would qualify for flipping, that's normal?

Thanks for the suggestions.  She would be handling the purchase and later listing the sale.  She is being sloppy.  I will look at other options.

Rick, that makes sense.  I appreciate your response and will go that route.  )I don't know how I wound up with "Bog" as handle.  Typo, I guess).  LOL!

I have worked with a realtor on several deals over the past few years, including commercial properties. I told her that I am looking into flipping houses (all cash deals), and when she sends me the MLS listings she mixes in good properties with distressed ones. I have told her what I need. Either she doesn't know what fix 'n' flips are, or she is not willing to filter the properties.

Whose job is it to do that?  Should she send me whatever she finds in my area and then I need to calculate what the fixed-up values would be and see if it's a good deal, or is that her job?  In a hot market like Denver, her commissions for the purchase and sales is pretty high, and I would hope that that would be her job.  Am I wrong?