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When you retrade?  

Do you retrade AFTER you found a buyer to sweeten your profits 

OR

Do you retrade BEFORE you found a buyer because your underwriting was slightly off and you need a deeper buy price?

A recent discussion with other real estate investors sparked some interest for this topic. I’m curious where you stand?

Do you have any moral issues retrading the buy price after you agreed to buy it from a seller?

Love that you brought this up ​@Cory Boatright  -  really solid convo starter 🙌

Appreciate you kicking this one off! Curious to see where everyone else stands!


Retrading isn’t black and white it comes down to intent.

If it's due to new, material findings during due diligence, that’s just responsible investing. But if it’s purely to boost margin after lining up a buyer, that’s where trust starts to erode.

It’s less about when you retrade, and more about how you handle the conversation.


I also feel your team culture and core values play a lot into your business practices. What you find from your first inspection may not be the real deal (termites, old fire damage, missing kitchen, bathrooms, foundation issues, etc). However if you don’t have any new material facts to justify a price reduction, but you request one regardless is that matching your core values of your team and culture?