Getting offers accepted
What are some strategies and/or tips anyone can give in regards to getting your offers accepted?? I know it comes down to a numbers game, meaning you should expect to submit A LOT of offers before one is accepted (since we're typically asking much lower than asking price).
I understand having to get over the discomfort of possible offending sellers with your low offer price, but I'm just looking for more tools I can use for added success in getting offers accepted.
Maybe even share the particular formula you use. They're are typically the same, right?
ARV
-profit
-misc fees
-minus repairs
------------------
equals MOFO
mofo is right.
I don't really use a formula.
I just sort the listings from low price to high and then offer about half of what it is listed and then see what they come back with.