Nailing Down Your Numbers #realestate #realestatesalesperson #business #sales #offers #numbers

Name: Nailing Down Your Numbers #realestate #realestatesalesperson #business #sales #offers #numbers
Uploaded: 2024-02-01T00:54:31+00:00
Duration: 24 s
Channel: Jake Burhans
Description: In this brief segment, real‑estate professional Jake Burhans outlines his pricing and offer calculations for a property. He proposes a listing price…

1 Feb 2024 · 0 min

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In this brief segment, real‑estate professional Jake Burhans outlines his pricing and offer calculations for a property. He proposes a listing price around $375,000, positioning it midway between the Resimpli and Zillow estimates, while noting the figure may be aggressive. He estimates $40,000 in cosmetic repairs, which informs his cash offer target of $221,000. The seller’s asking price is $300,000, creating a gap that may require creative solutions such as an Ovation offer or owner‑financing. Jake calls out to a colleague named Joseph for input, indicating a collaborative decision‑making process.

Yeah, I want to say like $375-ish. Might be a little bit aggressive, but $375, which is also halfway between the Resimpli number and the Zillow number. Not that that means anything. Going to need full cosmetics, say $40,000. We got to put in with our cash number at $221,000. He wants $300,000. So I don't know if it would pass. Could try an Ovation on it. Probably going to need work though. I'll see if he'll do owner finance on it. Hey, Joseph, you there?