What is the average return you are making on flips ?

[Francisco Milan]

Hello

Just curious to see what you guys are ok with making per flip % wise. 

Whats your average?

Do you have your own rehab crew?

Do you pay for agent real estate fees? (I ask because I am an agent myself so I save 3%)

[Andy Sabisch]

A band is 15% to 20% as Larry mentioned . . . . a lot is riding on interest rates and that needs to hold the timeline firm or less . . . extend the time and you will lose.

As far as selling, we do not pay a listing agent but use a flat fee broker that gets us the same visibility any agent will get us and ensure we have it priced right and photographed right.  Hurts to pay a buyers agent 3% when the properties we have listed have gone under contract in less than a week (as recently as March) and have multiple offers.  I think that unless agents start bringing something more to the table than opening doors for buyers, the 3% commission will be challenged.