All Forum Posts by: Tim Tafel

I'm trying to understand how they collect data so as to develop the best comping practices. It seems to me that they all whether paid of free, will all have the same exact amount of houses because all the transactions are all public and so they seem to compete with each other based on the quality of the data of the houses, how up to date it is, and the user experience in configuring the how the layout is. Is that correct or am I way off?

I've been experimenting where I will comp the same property with different platforms (Privy, Propwire, and Backflip). The discrepancy so far (5 addresses) has ranged from very little (under $10k) to as far as $100k in difference. Is it that I'm doing something incorrectly? Platforms having different / better or worse / differing amounts of data? Or something else? 

Okay. Are JVs far more productive because they run their own wholesale business and can approach it all more holistically than VAs? Because they run on percentages instead of being paid by the hour? Or both?

Obviously the answer I'm sure depends on a number of factors (affordability, reliability, etc.) Virtual Assistant would be less affordable but you would have a higher margin and JV partners would be possibly in many cases be less reliable but would be possibly be easier to collab with more holistically.
 

So I guess it would really come down to this...

What are arguments for both the VA side and the arguments for the JV side of the argument? Is there a reason why someone who could easily afford a VA would rather pick JV partners instead? If you both what would you have them do? Would it be on separate things? If so what?

Obviously a lot of questions but hopefully you can see what I'm getting at. Ultimately what separates a strategy involving JVs from VAs?

Okay. Gotcha! Would you be able to reply with an example email layout?

I just git done talking to an agent and she asked me to send my offer via email for her to relay to the seller. What is the best way of doing it? Do I send a Letter of Intent? What would be a good example email for me to template off of? 

Okay. I guess it's easy to over think it. Just go or it, try to keep the focus on what's going on with the agent themselves and let that inform me on where to go from there. 

A realtor? Interesting! I haven't really thought doing that. I'll definitely give it a whirl. 

What would be a great way to systematically follow up with listing agents? When I call an agent they either accept my offer price for their house or they don't even if they have been on the market for months and their asking price is clearly way above market value. Do I come back to those agents after a while or do I just move on to agents who are going to hopefully be more likely to say yes? If I do return to the agents who have said no but still can't get the property sold, how often? Anything advice any of you could offer would be great. 

Okay. Sounds like there isn't a set formula or calculator for it. It comes down to as you say getting quotes from the area. Gotcha. Thanks!