Hey Every One!
I have a home that I want to flip to a home owner for maximum return. What steps should I follow? Is it just like a flip to an investor?
It isn't required, but generally the model for flipping involves buying off the MLS retail market and selling to the retail market usually in the MLS.
If the property has potential as a rental and you can discount for quick sale, you may try offering it to investors first. You won't get top dollar, but if you do it properly your time on market should be very short and you could have no or reduced agent commissions.
Even if you go on the MLS, expect that you will have to offer a slight discount for a quick sale. A lot of your competition will be houses where the sellers are less motivated, since they are living in the house, so they can wait out for a top dollar offer(which may never come). Look at contracts and recently sold properties as a guideline for pricing.
Thanks For Your Response. I'm actually looking to sell the home myself to a homeowner not with an agent. Been having issues with agents on this project. Just want to know if the process is the same as selling to an investor
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