re: If a group of investors approached you to build homes

I will partially agree with this poster, while standing behind my realtor point.
What I am saying is that post 2008, profits are down and these deals are hard to make because the pie is half the size. So, if u project profit to be 30% after all the holding costs that is awesome, but holding costs are up and profits are down due to the current market. The realtors have no skin in the game, sit back and collect 6%. When the market is down they get paid the same just less times. Us investors/builders just get paid less.
I do know a few banks trying to make deals like this bc the market is so tight they can't sell lots they have repoed. When u run the numbers something that makes sense for u can't make sense for them bc of the sales prices in the market.