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Updated almost 5 years ago on . Most recent reply

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Oladele T.
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First flip done, realtor uploaded on mls but no offer yet

Oladele T.
Posted

First flip done 4days ago and it listed on mls 7 people came to see the house and no one put in offers what should I do?

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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
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Jonathan Greene
#5 Starting Out Contributor
  • Real Estate Consultant
  • Mendham, NJ
Replied

It depends on your market, but generally that's not a lot of activity for a newly flipped home right now. There are only two things that could be wrong - the renovation or the price. If you share with us the Zillow link, we can tell you exactly what's wrong. First-time flippers often make horrendous design choices, spend too little and too much in the wrong areas, and then expect the agent to sell an overpriced property that wasn't done well. That may not be the case with you, but when you start asking about the agent, usually you should look at the quality and price first.

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