This is a powerlesson I just learned as far as when to start shopping my properties around.
!#@^ Teller ave, Bronx NY- A new agent that I am dealing with sent me this listing along with others. The seller was asking 199k, I offered 120k. My agent tells me that I have an accepted bid and to send him my POF and attorney info, so I do and begin to shop the property around. I start my asking price at 165k all cash and get a few people that want it at 135-140k, and I mean these guys are hungry of this property.
I tell my agent to make sure the sellers attorney gets the contract to my attorney asap so that I can assign the property only to find out that I didnt really have an accepted offer... I have the rest or my story at my blog which is "BecomingARealEstateGuru.blogspot.com, and if anyone wishes to, follow me on twitter, I post my properties that I am selling there, its @BrandonABryant
Another lesson to learn
September 28th, 2010 | posted by brandonshouses
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