FSBO strategy: buy or list
I got my real estate license mainly for my own investing, but since I have it I would like to put it to use to make some extra money (also for investing).
I’m thinking of a strategy to approach fsbo’s first as an investor looking to purchase. Since the vast majority will not be willing to sell at a price in which I could purchase, my next move would be to offer to list their house to help them maximize their net proceeds.
My pitch will be to help the seller by providing a solution to help them get their house sold. If me buying at a discount helps them, great. If they want to make more money than what I could offer, then I can help them sell.
I don’t think I’m doing anything revolutionary here... has anyone ever successfully used this tactic or anything similar? Any opinions on whether it could work?