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All Forum Posts by: Rene Martinez

Rene Martinez has started 11 posts and replied 198 times.

Post: Luxury homes

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

There might be something wrong but as I mentioned the info is according to redfin and not the MLS. The zestimate is 833k eppraisal has the value at 746k. Because it is listed there are pictures available and it looks like a house you'd find in the movies.

Post: Luxury homes

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

He has another million dollar home that he decided to move back into. The house I was marketing for isn't for either house but he has no interest in selling that one for whatever reason. He told me that there's no point in have 2 homes of that size/value. 

Post: Luxury homes

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

@Chase Gochnauer the owner owns it free and clear. 

Post: Luxury homes

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

Thanks for the reply Jon. I should have added more details on that. The house was listed last year at 1.3 mil then price reduced to 899 and then taken off the MLS for a few months now it's back on with a 634 price and the seller just wants to get rid of it. It was under contract 3 different times but they have not been able to close the deal. The houses around are all 800k or more and the most recently sold are the same $899k al the way to $1.3 mil

Post: Luxury homes

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

Good afternoon everyone! 

I seem to have reeled in a shark while fishing for a catfish. While marketing to absentee owners I got a call from a seller who has decided to move back in his old house and sell his new house. The new house is a million dollar home (at least from what I can gather from redfin) and the seller has it listed with an agent but the listing agreement has expired as he has been trying to sell for almost a year. He is super motivated and the MLS listing price reflects that already. This is all fine and dandy but this would also be my first deal. My question is how difficult is it to find a cash buyer for a luxury home?

Post: cash buyers

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66
Hattie Dizmond is correct! Befriend an agent and ask them to scrape the mls for a cash buyers list. Also, you can go on listsource and compile a list of cash buyers that you can maker to. You can advertise on Craigslist for cash buyers, even if you don't have a property (it's called s ghost ad). And let's not forget about bandit signs, again if you don't have a property yet just drive them to a google voice number and collect their data so you can market to them later.

Post: Should I continue talking to seller or..?

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

Hey thanks guys! No I'm not an agent and I'm in Texas. I know we have some funky laws but that's what I thought too. It did scare me a little bit cause the house is worth in the high 6 figures and for a newbie like myself it's not the ideal entry point. 

Post: Should I continue talking to seller or..?

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

Good evening BP Fam!

Quick question, I just got off the phone with a seller who is selling a very nice ($$$$$) house but says that he has listed it with an agent but that he did not sign a listing agreement. So, should I be talking to him or reach out to the agent?

Thanks in advance for your replies!

Post: Should I continue talking to seller or..?

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

Good evening BP Fam!

Quick question, I just got off the phone with a seller who is selling a very nice ($$$$$) house but says that he has listed it with an agent but that he did not sign a listing agreement. So, should I be talking to him or reach out to the agent?

Thanks in advance for your replies!

Post: How do I get 1 deal oer month?

Rene MartinezPosted
  • Wholesaler
  • Grand Prairie, TX
  • Posts 202
  • Votes 66

Watch this video by @joemccall 

https://youtu.be/ujBFBd_xI28