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How Can You Get an Automated CMA for Every Listing Appointment You Go on?
סדרה בארכיון ("עדכון לא פעיל" status)
When? This feed was archived on October 18, 2023 16:34 (). Last successful fetch was on June 15, 2023 12:09 ()
Why? עדכון לא פעיל status. השרתים שלנו לא הצליחו לאחזר פודקאסט חוקי לזמן ממושך.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 194043987 series 1619645
Did you know that we can give you an automated, 30-page CMA with a cash offer for every listing appointment you go on?
Our automated, 30-page CMA is a benefit that we provide to not only the 150 agents on my team, but also to outside agents. This is because my ultimate goal is to buy, fix, and flip as many properties as I can, and I buy, fix, and flip over 100 properties in Massachusetts each year.
This report allows us to tell you what we can pay before we even go into the property. I have a person in my office whose only job is to create this report for each and every seller appointment we go on, and we go on over 100 appointments each week for properties I may end up buying as an investor.
So, what does this report contain? First, it contains my investor offer.
Second, it contains all of the public record information of the property you’d be able to get on the multiple listing service (or MLS). You’ll get a Google Maps picture and the two most recent comparable homes sales in average condition.
You’ll also get the two most recent comparable sales in what we call “after-repair-value” condition, or what the condition would be after my team fixed and flipped the property. This is actually how we calculate our offer—we have a formula that’s derived from the after-repair value based on the two comparable sales.
You’ll also get a Zillow printout of the value of the property and the street scene. The street scene is a very important component of how we value properties because we look to see what else sold on that property’s particular street.
We know, of course, that a property sold two years ago isn’t comparable to a property that sold today, but we like to look at the street scene because certain streets sell higher than others. You could run a radius of a quarter of a mile, but if your property is on a main road, it will sell for less than a property located on a cul-de-sac.
If the property is a rental property, we’ll give you our rental property valuation. This is the number I would pay to hold that property as a rental. My team is allowed to use the higher of the rental property valuation or my investment offer—either I hold it as a rental or I fix and flip it.
If one of my agents is on the fly and doesn’t have time to do a CMA, this report gives them the cliffs-notes version of a CMA before they get to the property. They’ll also know what my cash offer will be.
If you would like to see what one of these CMAs look like, visit www.workingwithinvestors.com, enter your name and email address, and we’ll send you a sample version.
If you have any more questions about our automated CMA, don’t hesitate to reach out to me by phone or email. I’d be happy to help you.
21 פרקים
How Can You Get an Automated CMA for Every Listing Appointment You Go on?
Cameron Real Estate Group Careers Podcast with Tom Cafarella
סדרה בארכיון ("עדכון לא פעיל" status)
When? This feed was archived on October 18, 2023 16:34 (). Last successful fetch was on June 15, 2023 12:09 ()
Why? עדכון לא פעיל status. השרתים שלנו לא הצליחו לאחזר פודקאסט חוקי לזמן ממושך.
What now? You might be able to find a more up-to-date version using the search function. This series will no longer be checked for updates. If you believe this to be in error, please check if the publisher's feed link below is valid and contact support to request the feed be restored or if you have any other concerns about this.
Manage episode 194043987 series 1619645
Did you know that we can give you an automated, 30-page CMA with a cash offer for every listing appointment you go on?
Our automated, 30-page CMA is a benefit that we provide to not only the 150 agents on my team, but also to outside agents. This is because my ultimate goal is to buy, fix, and flip as many properties as I can, and I buy, fix, and flip over 100 properties in Massachusetts each year.
This report allows us to tell you what we can pay before we even go into the property. I have a person in my office whose only job is to create this report for each and every seller appointment we go on, and we go on over 100 appointments each week for properties I may end up buying as an investor.
So, what does this report contain? First, it contains my investor offer.
Second, it contains all of the public record information of the property you’d be able to get on the multiple listing service (or MLS). You’ll get a Google Maps picture and the two most recent comparable homes sales in average condition.
You’ll also get the two most recent comparable sales in what we call “after-repair-value” condition, or what the condition would be after my team fixed and flipped the property. This is actually how we calculate our offer—we have a formula that’s derived from the after-repair value based on the two comparable sales.
You’ll also get a Zillow printout of the value of the property and the street scene. The street scene is a very important component of how we value properties because we look to see what else sold on that property’s particular street.
We know, of course, that a property sold two years ago isn’t comparable to a property that sold today, but we like to look at the street scene because certain streets sell higher than others. You could run a radius of a quarter of a mile, but if your property is on a main road, it will sell for less than a property located on a cul-de-sac.
If the property is a rental property, we’ll give you our rental property valuation. This is the number I would pay to hold that property as a rental. My team is allowed to use the higher of the rental property valuation or my investment offer—either I hold it as a rental or I fix and flip it.
If one of my agents is on the fly and doesn’t have time to do a CMA, this report gives them the cliffs-notes version of a CMA before they get to the property. They’ll also know what my cash offer will be.
If you would like to see what one of these CMAs look like, visit www.workingwithinvestors.com, enter your name and email address, and we’ll send you a sample version.
If you have any more questions about our automated CMA, don’t hesitate to reach out to me by phone or email. I’d be happy to help you.
21 פרקים
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