From the course: Real Estate Analytics
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Working with contractors
From the course: Real Estate Analytics
Working with contractors
- [Presenter] Buyer request for repair costs compared to contractor. BRR stands for buyer request for repair costs. When you sell a house there's always going to be 99% of the time they're going to get a home inspection. The buyer gets a home inspection, and the home inspection is for them to determine and understand the workings of their house, although it's now turned into something that they use to ask for a request for repairs. Now, my position on that is if it's something that we missed or a safety item, we're going to take care of it. If it's other than that it's going to get negotiated, And if I don't feel it's warranted, if it's a cosmetic thing, then we don't do it. I mean, we've done it before, but I handle that objection up front when we're at the home inspection, because we do go to the home inspection, it's part of the sales process for us. So I'd recommend that. But one of the things we started to track…
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