The 70% Rule Explained: How to Calculate Maximum Purchase Price
The 70% rule is the most widely used formula in fix-and-flip investing. Learn how it works, when to use it, and when to break it.
Your listing description is the sales pitch that gets buyers in the door. Write it to sell, not just describe.
The listing description is your property's sales copy — the words that convince a buyer to schedule a showing after the photos have captured their attention. A great listing description highlights the property's best features, paints a lifestyle picture, and creates urgency.
Lead with the strongest feature. Don't bury the best attribute in the third paragraph. If it's a stunning kitchen renovation, open with it. If it's the location, lead with the neighborhood. The first sentence determines whether the buyer reads on or scrolls past.
Use sensory and lifestyle language. Instead of 'new kitchen with quartz countertops,' write 'the chef's kitchen features expansive quartz countertops, perfect for hosting family gatherings or preparing holiday meals.' Instead of '3-bedroom, 2-bath,' write 'three generous bedrooms and two spa-inspired bathrooms provide comfortable living for the whole family.'
Highlight renovations prominently. Buyers want to know the home has been updated. List the major improvements: new roof, new HVAC, new electrical panel, renovated kitchen, all-new flooring, updated bathrooms. For a flip, these improvements are your selling points — don't be shy about showcasing them.
Address likely questions proactively. If parking is limited, mention nearby options. If the bedrooms are on different floors, frame it as privacy for guests. If the yard is small, emphasize low-maintenance living. Anticipating and addressing concerns prevents the 'I'll pass' decision before a showing.
Include neighborhood amenities and proximity to desirable features. Walking distance to parks, minutes from downtown, highly-rated school district, close to shopping and dining. Location context helps buyers envision their daily life.
End with a call to action. 'Schedule your private showing before this one is gone.' 'Don't miss this rare opportunity in [neighborhood].' Create a sense of urgency and a clear next step.
Avoid ALL CAPS, excessive exclamation points, vague superlatives (gorgeous, stunning, amazing) without specifics, and misspellings. Professional copy reflects a professional renovation.
Related Articles
The 70% rule is the most widely used formula in fix-and-flip investing. Learn how it works, when to use it, and when to break it.
The best flip deals rarely hit the MLS. Build a pipeline of off-market opportunities with these proven strategies.
From acquisition to sale, follow the complete lifecycle of a profitable flip and learn what makes each phase successful.