Christian Real Estate Professionals : California

Using Groupon Power to Purchase Real Estate

Recently I was invited to join this investing opportunity using "Groupon" buying power to purchase Real Estate.  Is this a fad, a trend, or will it become a standard in the home purchase and selling process?  I've used Groupon to make "deal" purchases for smaller material items in the past but never considered investing in purchasing real property in this manner? 

I remember hearing that someone put their home on eBay and sold it.  I was told another homeowner put an ad on Amazon, and I've seen hundreds of homes on Craigslist and other classified sites but Groupon power?  I'm curious how many others have this happening in their areas and if so, what are your thoughts? is this something you would participate in? 

Can they really do this?  Dumb question: Looks like they already are...

Would your potential clients or past clients go for an opportunity like this?  Would you?

Join us for a group buying discount & group leverage Meeting

"We have negotiated with the builder a discounted price on duplexes near Round-Rock (Austin). We are combing the group buying power to get better prices and create a rent protection concept. The duplexes' (2 units each) price is based on a group purchase."

NEW Concept: “Groupon” Purchase of Duplexes
Tue. 9/13/11 7PM - In the room & via web
RSVP for details

Investment Highlights

Regular price: $260,000 – $270,000 per duplex ($130,000-$135,000 per door)
“Groupon” price: $249,900 – $259,000 based on a minimum purchase of ten duplexes (20 doors)

Myself and others could sure use your help, advice, and feedback here.

This is happening right here in the Bay Area, just about an hour away and I'm curious what my ActiveRain friends would advise or do themselves? No need to pull punches here, give me your honest thoughts and opinions. Usually, I'm the one trying to give information and advice but this time I need yours? Thanks.

 

     

"Learn More. Get More. Do More. Be More."

Comment balloon 61 commentsBrad Andersohn • September 08 2011 06:12PM
Using Groupon Power to Purchase Real Estate
share
Recently I was invited to join this investing opportunity using "Groupon" buying power to purchase Real Estate. Is this a fad, a trend, or will it become a standard in the home purchase and selling process? I've used Groupon to make.. more
Real Estate WEB Marketing - Can We Really Make A Difference?
share
Real Estate WEB Marketing - Make A Bid on Ebay and "Make A Difference in The World! " Today, some great industry service and marketing solution providers have joined forces and created a "Real Estate WEB Marketing Package"… more
REALTORS® - Important 100K Announcement!
share
If you're a REALTOR®, Broker, or an Agent and member of ActiveRain, this is a MUST READ! Last month, over 100, 000 consumers searched ActiveRain for Real Estate in specific cities using the "Search For Homes" feature. I was just in a… more
In Honor and Memory of "DAD"
share
Yesterday was without a doubt, one of the hardest days ever for us here in the Andersohn home. My family and I attended my Father-in-laws Memorial Service. Neither my wife nor I have ever lost a parent, so this has been a most difficult time for… more
What is a Legacy?
share
What is your Legacy? Is it your name remembered by an action, a quote, or a change to the world? I have finally made another "life" discovery! It's not about me and my legacy, it's about what I will leave behind one day. What… more