Right now, many MF are sitting for a while because sellers maintain unrealistic expectations of the market.  

Michael's book seems to be a bit unrealistic with the deals he uses as examples.I have $200k of capital now, $1M of capital in June '25 and another $1M available when I get some units under my belt. 

I appreciate the success that Grant has had, and he is "vapors" smart...it is just seems unrealistic to say I can apply his business model in the Midwest.

Not everything can be done in court and those that seem to think they need statutes or case law is really asking for an unrealistic approach to "prove" what someone might be saying based on years of problem solving experience and having been there and done that.

@Jan Halasz It has been my experience that anytime you have any rezoning or government agency to deal with, it does not move quickly or smoothly. 90 days seems very unrealistic as a timeline to be able to refinance the property if you have red tape to deal with.I would also caution you that the more people involved in a deal, the more complicated the decision making process.

Also you will develop a rep for taking overpriced listings with unrealistic sellers and the other brokers and agents will not want to do business with you or look at your listings as there is no chance to get a deal done for their buyers.

Many sellers have unrealistic views on the value of their one and only one item they're selling.

If they have unrealistic expectations of what I'm trying to do, it will end up wasting a lot of my time and get their hopes up for no reason (which will leave them angry at me in the end).Remember, your service will only strike a nerve with a small segment of the people you're mailing to - so don't be bashful about steering the wrong people away.

You have to be an unrealistic to achieve your goals!"

Eric I respect your opinion but do not agree with the (ludicrous) remark.Every time I here this flat fee scenario it is the same as the FSBO.Simply put if it was that easy EVERYONE-EVERYWHERE would use a flat fee service.I do not know the types of properties you are selling but I suspect they are very well done rehabs priced in the middle to lower pricing to sell fast.In that case as I mentioned the price and quality will draw buyers and agents in regardless of the commission as appraisal is usually easier.I don't see this as all the properties on the market.Many properties have unrealistic sellers and buyers.This requires multiple price reductions,appraisal issues,more negotiations,etc.