[OC Funder]

Had a funny situation. Offer sent at a 1.30 buy and sell of a 1.45 for 11 months. Broker reaches out and asks if I can drop the buy rate to a 1.27 since they want to sell the deal at a 1.39. I responded and asked what is wrong with selling a 1.39 making 9 points?

Deal has not came back yet. Assuming the deal backed out, funded elsewhere or another broker funded it. But i love Brokers, yall rather make 10-15% on $0 funded than 4-9% on $100,000

Mery Christmas!

There's a big difference between 4% and 9%, but most operations are underwater at the lower end of your range after marketing and payroll (or even the higher end of it). The broker could make the same argument right back to you... isn't a 1.27 on 100k better than a 1.30 on $0? Maybe on any one given deal, but you know there's a minimum avg return you need to see to make it all work.