OfflineI recently sold a property that I rehabbed. I know how to run numbers, I knew what I needed to sell it for to get what I wanted out of it. People (agents, partners, etc) are always going to give you their "advice" on what you should sell your property for. I was walking through my property after it was finished and I thought about Matt Larson's technique about pricing yourself below the competition for a quick sale. I ran through numbers again and worked with my agent for a few minutes to check out the competition. I priced my home $5000 below the competition (as Matt suggested). I listed it last Friday, got an offer on Sunday (offers are still coming in), I accepted one of them (full price offer) this morning! Done and done. Next.
Could I have priced it higher? yes
Could I have sold it for more? maybe
Don't get greedy, get it sold and move onto another one! My property is seeing a lot of activity because there is nothing around it that can compete. I'm not pricing it so low that it hurts the neighborhood but a little bit lower so the traffic came to me first. Time is money, the longer I sit on this house the more it's costing me. The strategy to price just below the competition works. I've done it. It works.
Happy Investing!
Karen
KEEP MOVING FORWARD 
"If it is important to you, you will find a way. If not, you'll find an excuse."
_____________________________________________________________________________
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
this is what happens when you don't proof read! sorry Matt
KEEP MOVING FORWARD
"If it is important to you, you will find a way. If not, you'll find an excuse."
_____________________________________________________________________________
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
I totally agree with you! Move that thing FAST! If you have a good property, and price it accordingly under market value, you'll sell it quick every time. I'd much rather be on to the next one than sitting there crossing my fingers for a couple extra thousand! Great job!
Jonny Carlson
612.963.3445
"Looking to invest in properties in the Twin Cities"
#FLIP-Faith.Love.Integrity.Positivity.
I told them to sell it a little lower too, because in the end if it sits for a year you'd probably be out more money.
www.tw4homes.com website
https://tvallc.isrefer.com/go/RehabLite/reigirl/ FREE SOFTWARE FOR WHOLESALERS, REHABBERS AND AGENTS! Present professional looking deals to buyers and lenders as well as run your numbers and get the ROI.
I agree also.Greed can sometimes take over.
Very awesome!Over time I've also learned to do the same thing. Definitely moves them faster. Congrats to you
Lenee
www.allstarhouses.com
~Act successful! And you'll draw it to you.~
~Every achievement, big or small, begins in your mind. It starts as a thought.~
I've heard Matt was just lucky:)
You've got to find your obstacles and call them out! Unsheath the sword, and do battle with whatever it is that holds you back!
coach thanks for the information.
look at the bottom center or lower right of your original post and you will see the EDIT button so you can edit your original post. P. S. only karen can see this edit button because this is her post. if you look at your own past post you will see it also.
walt