[Anonymous]

Anonymous

I already had two Highest Bidder Sale scheduled for the weekend of May 1-2 but I got an opportunity to do one today that is much better than the other two so they are getting moved to after Mother’s Day.

The NEW one is appraised for $900,000
My option price is $500,000
the seller has a loan of about $450,000

The house is in perfect condition and decorated to the TEE.

This will be a really fun sale. I bet I get at least 400-500 people there and get close to $700,000 for this one – maybe more.

I love this business!

Jackie

p.s. I’m hiring a video guy to come video tape me doing the Highest Bidder Sale open house and the round robin so we’ll have some additional training materials for doing a Highest Bidder Sale. I think that will be helpful…

[Dortheia Henderson]

Dortheia Henderson

Wow!! That’s going to be one sweet deal.
Thanks for thinking of us with the video. I can’t wait to see it.
Good luck
Dee

[Dortheia Henderson]

Dortheia Henderson

A quick question Jackie.
Do you get a new appraisal before you start putting together your deal for your highest bidder sale?

I would think in this day in markets everything has changed when they first tried to sell the house.

Thanks,
Dee

[Anonymous]

Anonymous

An appraisal is worthless. It is based on sold properties. These days active listings are the real comps.

So, instead of an appraisal I pull up comps of solds, look at active listings, then just do a WAG about the price (WAG = wild ___ guess_

I do always have the owner get a home inspection and I have the report available at the open house. Since their offer must have no contingencies they need the inspection report.

This is the one I’m doing May 1-2 == http://www.highestbiddersale.com/members/partypalace/