This Fluctuating Market, Man! Part 8 of 11
So, this follows the previous post about flips, which show the the number of investor flips in the market per month has dropped 30%. This trend is supported by the Cromford Report data, that only tracks investor flips. We are talking about those NOT owned by the big wholesale real estate buyers.
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As an aside, these wholesalers make their money on sellers who are often willing to effectively pay more than 6% in commissions. The wholesalers tell sellers they won’t have to pay a realtor, but end up paying more. Don’t get us started!!
See our video on that at our YouTube Page.
What does this mean for you?
SELLERS: Please, please, please be very careful if somebody tells you they can sell your home for less than the price of a realtor.
Also, from now until early June is the high season. Sell now if you are going to sell this year!
BUYERS: There are a lot of terribly-done flips out there. But if you are willing to look, you are in a stronger position to make those flippers drop those prices. We are not talking about 10% discounts here. But if you
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