$1,450 marketing package on a $340k flip. Real, or theater?
Flip closes rehab in about ten days. 1960s three bed ranch, decent street, ARV I'm underwriting at $340k. My agent includes basic photos in her commission, twenty pictures from a guy she uses, and that's it.
A marketing outfit she works with quoted me $1,450 for the upgraded version: full photo shoot, drone, a floor plan, a 3D walkthrough, a single-property web page, and two weeks of scheduled social posts targeting the zip.
My carrying cost while it sits: hard money on $255k at 11% is about $2,340 a month, plus taxes, insurance and utilities call it $500. So roughly $2,840 a month, $95 a day.
Which means the package pays for itself if it saves me about 15 days. That's the whole math as I see it. What I can't tell is whether it saves 15 days, or 2 days, or whether the buyers in this price band are all coming off their phone from the same three photos anyway.
The other thing I keep going back and forth on: does better content raise the price, or just the speed? Because if it does anything to price at all, even 1%, that's $3,400 and the argument's over.
I've got to tell her yes or no by Friday. Anyone actually tracked this on their own listings?