Exit on Fix/Flip

[David S.]

Hi all,

I'm focusing on getting my first fix-flip underway, and I want to have a clear exit plan. What do you do when you're selling your fix/flip on the retail end? Do you sell it on your own or do you utilize a realtor? Obviously 6% is a huge amount of juice - what kind of discounts/deals have you formed with realtors you worked with?

Thanks for your time.

Dav

[Jon Holdman]

If you don't give the buyer's agent their customary cut, typically about 3%, you are really cutting off your nose to spite your face. Agents just won't bring their buyer's to houses they're not going to get paid for.