FAQs

At Weekend Real Estate, we specialize in wholesale properties that offer clear value to end users and potential buyers. Our focus is on properties that facilitate smooth transactions within the real estate market chain. These properties are selected to ensure widespread appeal and minimize friction during resale.

Our support adapts based on your requirements. For those newer to the industry, we provide guidance throughout the process. We’ll train you to be allert to the key phrases, lead you throught the process, and position you as the helpful expert. Experienced agents benefit from our streamlined closing process while knowing we will fulfill on our promises to ensure their client’s experience is top-notch. 

Wholesaling involves identifying properties with evident value that can be appreciated by multiple buyers in the market. Unlike flipping, where the value may be less apparent and exclusive to the investor, our wholesaling strategy targets properties that can be readily understood and valued by a broader audience.

Our clients are Real Estate professionals who want an additional line of business for their service and Investors who want passive cash flow without the hassles of ownership or tenants. We specialize in assisting homeowners seeking to sell properties “as is,” without repairs, those who need to cash out on equity due to financial needs, and people or families who desire a fast sale with a quick closing. If you encounter these keywords from your clients, reaching out to us can offer tailored solutions.

Valuable property features include:

• Ample lot size
• Conventional pitched roofing
• Functional layout (e.g., no need to walk through bedrooms)
• Desirable location (avoiding properties near liquor stores, colleges, or high-traffic areas)

These attributes contribute to the overall appeal and marketability of the properties we specialize in.

We typically identify properties of interest—such as single-family homes, duplexes, or larger units—within 48 hours. Once selected, it takes approximately two to three weeks to close on the property, including a 2-day due diligence period.

The timeframe for renovating properties varies based on the property’s size and value. Generally, renovations can range from two to nine months. For properties in the $600,000 to $3 million price range in California, renovations are typically completed within this timeframe.

By partnering with us, realtors maintain control over transactions while representing both parties simultaneously and sustaining direct communication. This streamlined approach enhances client satisfaction in the right situation and can lead to increased property sales and commissions for the agent.

Ideally, we aim to list a renovated property on the market within four months of acquisition. From purchase to sale, our target timeline is approximately seven months, with the optimal turnaround being around five months when conditions allow.

Weekend Real Estate employs a pricing strategy based on traditional real estate principles. The key aspect of this strategy involves pricing properties strategically to maximize competitiveness in the market.  The goal is to spark strong interest and multiple offers, leveraging the principles of supply and demand to the seller’s advantage. This approach has proven effective in many markets, particularly in dynamic or competitive real estate environments where properties priced right can swiftly attract serious buyers. Weekend Real Estate emphasizes the importance of balancing market dynamics with seller goals to achieve optimal outcomes in property transactions.

Weekend Real Estate believes in pricing properties competitively, often below market value. This approach generates significant interest and activity around the property, ultimately driving its value closer to market rates. Conversely, overpricing a property can lead to extended listing times (one month, two months, three months, six months), increasing the risk of selling below market value. It’s an intuitive concept but can be counterintuitive when fears of underpricing arise.

The disadvantage of pricing a property on the high side of the market is that it can lead to extended listing periods without receiving offers. When a property is overpriced, it may deter potential buyers who perceive the value as unjustified compared to similar properties in the market. As a result, the property may sit on the market for longer durations (e.g., one month, two months, three months, six months), leading to reduced interest and potentially lower offers over time. Overpricing can ultimately delay the sale process and increase the risk of selling below market value if adjustments are not made promptly.

While primarily focused on renovations, there are instances where we may undertake new construction such as adding a second structure or an ADU (Accessory Dwelling Unit).

Our goal is to be in and out of a property within seven months, including all stages from purchase to sale. A shorter timeframe, ideally around five months, is considered optimal based on market conditions and project scope.

Weekend Real Estate facilitates seamless transactions, removing barriers to communication and ensuring that clients’ needs are met efficiently. This collaboration benefits both realtors and clients alike.