12/14/2007
Of the ten offers I made Monday and Tuesday, here are what the results look like:
4 rejections without counters (this includes the "NO" offer that you all had the pleasure of viewing)
2 already had contracts on them but weren't updated in the mls (drives me nuts)
2 I haven't heard back from (both are REOs, which usually take a couple days to respond)
2 counters- one came down 15k, the other 7k. The one that came down 15k is another that I have made several offers on over the past 6 months. I need to get it in the 50's or low 60's, and her counter was 90k (down from 135k originally). I'll keep after this one until I get it, or someone else does.
Today is my last day to make offers until after Christmas, as I do not want to get one accepted while I am up North in the freezing tundra of Illinois and have to be scrambling around trying to find a buyer when I am supposed to be enjoying time with my family. So, I plan on making 5 more offers today, and will spent the next week marketing properties for 2 of my wholesaler friends. Would be nice to squeeze 1 more deal in before the end of the year!
Speaking of deals, the one I wholesaled to my friend is closing today- he called yesterday to let me know he'll have a check for me this afternoon-Sweet!
Friday, December 14, 2007
Payday
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2 comments:
Is the deal that is closing the one where there was like three of you splitting the proceeds?
Hi Jason,
No- my friend is going to close on that one himself as we have not been able to find a buyer for it- which sucks, but oh well.
This is the one my friend (same guy as above) is buying to rehab. I got it under contract for 95k, and assigned the contract to him. He is paying me $2500 outside of closing.
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