#1 SECRET to Get Agents to Give You COMPS FOR AFTER REPAIR VALUE 📍 Wholesale Real Estate
QUESTION - “Hi Ola, I'm fairly new investor and I’ve found a potential deal. It’s a fsbo and I want to wholesale it, I’ve done Zillow and trulia Comps. What incentive do I have to get an agent to run mls comps for me?” In order to answer this question, it’s important that you know what it means to wholesale a real estate deal. Wholesale real estate is the art and science of attracting deeply discounted properties, locking them under contract and selling the contract for a lucrative fee; usually $5,000 or more. My highest fee on record is $82,000 from one deal. What is After Repair Value? After repair value a.k.a ARV is the value of a real estate property (that usually needs repair) after it has been adjusted…