That is the ultimate video on this repair and flip home which is now able to be listed on the MLS. If you happen to scroll again a number of movies you possibly can see the home whereas we had been in the course of rehabbing it, so you will get an concept of the sorts of supplies that had been used.

I’ve an entire checklist of supplies that we use with our contractors that exhibits every merchandise together with the Dwelling Depot SKU #. You may obtain that materials checklist right here:…

So that is the ultimate stroll by way of evaluation of the home earlier than we get able to checklist it. I love to do these myself (though I sometimes let a crew member do it). Now we’re simply ready for the photographer to return to the home to take the images (we use an organization referred to as VHT for images). As soon as we’ve got the images, the home will likely be listed on the MLS. It will likely be priced at round $195,000.

Being that the market is so scorching and I’m pricing it nicely, this home must be offered inside a number of days. The important thing to pricing is to have a look at the place the opposite first time house purchaser houses are priced at and to checklist slightly below (and ensure your itemizing appears to be like higher). That approach you might be assured to get a number of affords. Many buyers that repair and flip homes (particularly freshmen) value them too excessive.

If you happen to value excessive, and there are different properties in the identical situation or higher which might be priced decrease then your property won’t be the one getting all of the affords. The longer it sits on the MLS the extra consumers and brokers assume there may be “one thing fallacious with it”. So you will need to value accurately, and so as to take action, it’s worthwhile to know your competitors (the opposite listings, what they seem like, and the way they’re priced).

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