[878] How to Read Your Local Market Like a Pro

Many investors get their OFFER PRICE completely wrong. Then they end up dropping the price, later or just walking away from the deal cause they can't sell the contract. In this episode, I break down three free Redfin numbers that tell you exactly where your market stands before you buy, before you list, and long before the panic sets in.You'll learn:What the median days on market number is really telling you, and why the investor who panics at day seven is burning money for no reasonThe list-to-sell ratio hiding inside Redfin that reveals what homes are actually closing at (not what they're listed at)The price band breakdown that shows which slice of your market is moving, and which is deadWhy checking this data when you list is already too late… and the one monthly habit that keeps you three moves ahead of every other investor in your marketKnowing your list-to-sell ratio keeps you from overpricing on the exit.But if your ARV was wrong before you bought, no amount of market data saves the deal.The upcoming Deal Analysis Workshop is where you fix that...Learn to run the numbers right before you ever make an offer:Register to our FREE Deal Analysis WorkshopLINKS & RESOURCES1,000 FREE Seller LeadsGet your first 1,000 seller leads FREE from our partner BatchLeads and start closing deals immediately. CLICK HERE: http://leads.getbatch.co/mztQkMr7 Figure Flipping UndergroundIf you want to learn how to make money flipping and wholesaling houses without risking your life savings or "working weekends" forever... this book is for YOU. It'll take you from "complete beginner" to closing your first deal or even your next 10 deals without the bumps and bruises most people pick up along the way. If you've never flipped a house before, you'll find step-by-step instructions on everything you need to know to get started. If you're already flipping or wholesaling houses, you'll find fast-track secrets that will cut years off your learning curve and let you streamline your operations, maximize profit, do MORE deals, and work LESS. CLICK HERE: https://hubs.ly/Q01ggDSh0  7 Figure RunwayFollow a proven 5-step formula to create consistent monthly income flipping and wholesaling houses, then turn your active income into passive cash flow and create a life of freedom. 7 Figure Runway is an intensive, nothing-held-back mentoring group for real estate investors who want to build a "scalable" business and start "stacking" assets to build long-term wealth. Get off-market deal sourcing strategies that work, plus 100% purchase and renovation financing through our built-in funding partners, a community of active investors who will support and encourage you, weekly accountability sessions to keep you on track, 1-on-1 coaching, and more. CLICK HERE: https://www.7figureflipping.com/runway Connect with us on Facebook and Instagram: @7figureflipping Hosted on Acast. See acast.com/privacy for more information.