Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

19
Posts
7
Votes
Michael Martin
  • Los Angeles, CA
7
Votes |
19
Posts

Million dollar homes

Michael Martin
  • Los Angeles, CA
Posted

I have been putting out bandit signs and my phone has been ringing but the thing is I had a few calls about million dollar and up homes, where the sellers don't want anything to do with agents. So my question is can i help these sellers in anyway or just let them go?

Most Popular Reply

User Stats

15,749
Posts
10,947
Votes
Will Barnard
  • Developer
  • Santa Clarita, CA
10,947
Votes |
15,749
Posts
Will Barnard
  • Developer
  • Santa Clarita, CA
ModeratorReplied

Now you are talking my language! This is my space and I operate almost exclusively now in the luxury market in So Cal. Do not toss those leads out! They may not be any good in which case they would get tossed, but you must ascertain that before you do so. If you do not understand the luxury market or the required spreads to make a real deal, then I suggest you either learn or get some assistance from someone who can. While it is not rocket science, it is much more difficult to calculate an accurate ARV and rehab number compared to a $300k home.

Motivation is key for a good spread, so the leads must come with motivated sellers.

Loading replies...