With the boundaries he chose, many of the good comps that were closer, more recent, and that were actually retail sales were ruled out.

First question is it a good enough deal to interest a cash buyer, and if it is a good enough deal for a cash buyer why doesn't he just list it and get retail.

Ultimately, the responsibility for you success or failure falls on you.The uninformed only look only at retail prices in California vs. the rent & compare houses they see in another state at 1/2 or even 1/10 the cost of a house here.

When you have a listing saturating the area with "Just Listed" postcards seems to be good as well as the "Just Sold" when you sell it.Some of it will depend on where you want your business to go (Retail listings, buyer agent, working with investors).

The VIP agreement seems to be more for retail customers where the agent wants to avoid wasting time with tire kickers with no money lined up.As for the admin fee, that's the agent's cost of doing business.

That deal was all patience and paperwork.But like I said, with time you'll get a feel for the tire-kickers, the sellers that just want to "chat", or those that are hoping for a miracle buyer at more than retail.

Offer a wholesale price (lower than retail) and flip it 2.

Also being a broker besides an investor I sent each heir and the executor a letter stating after driving by the property rather then me buying it they could list and sell it at retail, or maybe one of the heirs would like to buy the others out and keep it in the family and avoid paying a commission.

However there we did larger projects, office buildings, small office parks, office/retail condos, etc.

Fellow rehabbers, have you ever had this happen? You bust your behind on a rehab and then have a potential buyer pass on your newly rehabbed house because they saw how much you paid for it on Zillow and they think...