Subtitles section Play video Print subtitles List this at forty-one thousand dollars I did not listed with that, thirty-nine nine can this anymore worst? I'm just sayin planes, buses, cars John can't talk can this get any worst? (Background voices) I did everything myself in here, that is not how you do the business and that right there is a house that I have already flipped as well and I already know that I can flip this house to a buyer on my buyers list I got a strong buyers list in this area Hey whats up guys John Cochran here and today is System Saturday, the day that I could bring you a system that I use in my business you can rip off duplicate using your own local market now if you have never been one in my live events yet why not I only delivered to you my entire blue print and give you a chance to qualify for a five hundred thousand dollar line of credit to do all your deals with, now as you know I'll do anything to sell a house and I mean anything but I don't care what you do to sell a house you have to price it right so on today's System Saturday i'm gonna show you how we price our property in order to sell in seven days or less Ok, the very first thing you need to do is you need to find out what this property is going to sell for retail the best way to do that is to do a search of all the comparable home that have sold within a quarter-mile away from this subject property that have sold with the highest price that they have sold for that is comparable to this property if what the retail price, so as soon as you found out what the retail price is going to be then you need to know what your extra charges is gonna be If you're going to wholesale if your exit strategy is to whole sale the property it's very very simple you're going to be listing this property fifty percent off of retail so you have that retail figure, you need to price if you're gonna whole sale to another investor you gonna leave a skin on a game for them to make money on so the percentage as you have to price it 50% off of retail and if I was gonna do on this property you divide thirty-nine nine so that's wholesale now if your gonna prehab this property to where you're going to do a very very light rehab on it where you are going to be making it a rental ready for the buyer not doing a full rehab you're going to be pricing this knowing your retail value your going to be pricing it 10% - 15% off of that price so on this particular one obviously the retail prices is around eighty thousand dollars 0 if you're gonna prehab it just like we did and put eigth thousand dollars or less in it you need to reprice it 10 -15% off that retail price: so that was prehabbing Now if you're going to be listing your property retail This is the formula that you're going to use, clearly you already know what the other properties are or selling for retail however retail what we always do if we don't want to set on the market reprice it at ninety-five percent on the retail value can prices as high as 100% or even over but the longer you the higher you prices the more gonna sit on the market so we as reprice our retailed home 99 percent of the valie. so in this property we decided to pre have it so I whenever your price in a properly the other thing you look at is pricing it very sexy I won't easily don't look with just one could have It could prices In to the law 70' the sexy party is 6099 coz it sound a lot cheaper Go for system Saturday dot com I'm out guys.... Peace
A2 US retail property price pricing retail price sell 3 Pricing Formulas to sell any house in 7 days or less AT TOP DOLLAR 102 6 Chia Ying Lin posted on 2015/11/24 More Share Save Report Video vocabulary