Fewer Single-Family Investors Need to Actually Visit

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  • Kenneth GarrettPro Member
    Investor · Florida Panhandle/Illinois · Member since 2016 · 4k+ posts · 3k+ votes
    6y

    @Jeffrey Kops

    We have investors in our area making blind offers based on the online information and the photos.  When the offer is accepted they use the inspection contingency to physically look at the property.  Many times they try to negotiate the price down based on the condition.  As most of us know, the pictures posted on line do not actually reflect the condition of the property.  Similar to the article.  If you or your team are not physically looking at the property, I feel it is a disservice to the seller as it’s under false pretense.  Is it ok if buyers do the same thing on your property.  At least have the decency to actually look at the property and of course we all use the inspection contingency to uncover unknown issues in attics, crawl spaces, basements and many other areas that require a full inspection.

  • Real Estate Agent · Tampa, FL · Member since 2015 · 129 posts · 44 votes
    6y

    Exactly, It's the same basic model used by Offerpad and some of the other I-buyers that have popped up.

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