Re: The Park Mang/Park Dealer and why I don’t like that combo - Posted by Karl
Posted by Karl on January 25, 2000 at 24:07:26:
Thanks for the advice, Dirk. I called back the seller this evening, she said the park allows sellers the option of working with any realtor they chose. The park manager is so busy running the park, selling homes is low on his list of priorities. She has scheduled several meetings with the PM to list her house, he keeps cancelling. That’s why she doesn’t think he’ll move her home quickly, and she likes me and my cash. So I’ll call the PM, explain what I do, see if they mind me working that park. Maybe the PM will throw me some homes they don’t want to mess with.
In the mean time I called my cash buyer with the mother-in-law, told him I found him a great deal. Said the home was about to be listed, but if we moved right away I could save him $2k off of next weeks price. I just needed a $1k finders fee, he’s thrilled that I called him, he hasn’t found anything that’s not junk on his own (maybe he should have run an ad like mine). I’ll call the PM, get an option on the home (the seller loves me, I’m such a nice ambitious young man), sell the option to my buyer, I’m out before I’m in, and I’ve just paid for Atlanta. If my cash buyer doesn’t work out, and the PM gives me a green light, I might be forced to turn this one into a Lonnie Deal and actually make some real money.