Wholesale Hotline How To Comp Any Property In Under 60 Seconds (Updated 2025) | Brent Daniels Real Estate Live Show
Apr 8, 2025
Tom Kroll, a renowned coach and author in wholesaling, and Jason Lewis, a direct mail marketing expert, dive into evaluating property offers in 2025. They discuss navigating current inventory trends, emphasizing the importance of adapting strategies to local markets. The duo shares insights into effectively calculating After Repair Value (ARV) and the significance of integrity in real estate coaching. They also explore innovative mailing strategies, along with subtle communication techniques for dealing with sellers, ensuring a holistic approach to real estate success.
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Supply and Demand Determine Pricing
- Supply and demand dictate property prices heavily in local micro-markets.
- Understanding inventory levels helps you price offers competitively and avoid costly mistakes.
How To Calculate Offers
- When inventory exceeds three months, offer 70% of the after repaired value (ARV) minus repairs.
- Deduct 30% to cover buyer closing costs, holding costs, and realistic profit margins.
Fix and Flip Repair Estimation
- Use a fix and flip repair calculator based on property size and condition for repair estimates.
- Add $10,000 for major repairs like roofs, HVAC, or mold remediation.