Whats the best way to sell houses in a quick manner?

[robdedgar]

Ok lets say you get some houses at a good price, got your financing together....now you got to sell them.  If your lender wants thier money back in 6 months or less what is the best way to get your houses sold at a price that will satisfy your lender?

[MichaelQuarles]

Good to meet you

You're going to get all kinds of answers to this one.. The best answer depends on your margins..

In a buyers market the key ingredient is Price... If you have the spread list it in the MLS at 95% of value, offer the selling agent 3.5% commission and a 750 bonus for a full price offer that closes in 30 days or less.

Try and list it using an Open Listing Agreement... This way you also can market the property.. I will caution you to not reduce the price that you can sell it for because you're saving commissions, just use that money to market.

Remember that while buying the property you should be trying to sell the darn thing.. For me the best investment strategy is to never own real estate... So start selling each of them as soon as you have the contract signed.

In fact if you use an agent to sell (Never Buy) start networking with them before your telephone rings... Learn what they are looking for for their buyers. Its a lot easier signing a purchase agreement when you already have the house sold...

Good house hunting

Michael

[robdedgar]

Thanks for your response. 

I am hoping I will be purchasing around 40-50 cents on the dollar so it will give me plenty of room for anything that will pop up. 

When marketing what wording could I use to let people know that I am very negotiable on price?

[MichaelQuarles]

Hello again

Congrats on deciding to be Massive income earner.

Please don't say the words negotiable on price.... You should set the price to sell at the price in which you would accept and which will cause it to sell. Period...If you're a flipper, flipping implies turning your dollar and the more times you can the more dollars you make...

Congrats again

Michael

[DJP]

Thanks for your response. 

I am hoping I will be purchasing around 40-50 cents on the dollar so it will give me plenty of room for anything that will pop up. 

When marketing what wording could I use to let people know that I am very negotiable on price?

40-50 cents on the dollar ... if FMV, you won't need any special lingo to find a buyer, they'll be lining up.

for the other deals you can use "motivated seller" .. "must sell by 'specific date'" .. etc
It will be more important to get all the buyers know it is a deal and it is for sale.

You could have the best wording in the world, but if no buyers are aware of the property,  it won't matter.

[robdedgar]

Awesome Thank you.

[stucky80]

@robdedgar Hmmm I learned something from reading your reply. Hahah.
Thankssss