Here is my offer on your property when you have good equity
This offer is for folks who have not been able to sell their home or apartment building by themselves and have plenty of equity or cash to pay Realtor fees, BUT they hate the idea of paying a real estate agent a ton of money and cutting into their profits.
Let me explain that most folks may not know how much selling a property the traditional way actually costs. Suppose the fair market value of the property in its current condition is about $200,000 and there is an existing loan on the property for $160,000. The equity appears to be $40,000, but there are other costs to consider. The gross equity may be $40,000, but the net equity is your real concern.