So this one Id potentially put into the category of primates at play aka monkey business. There are a bunch of large flipper companies that market to agents constantly. I hear from them everyday…every…single …day.

It is a full time business to run an operation like that with staff constantly chasing opportunities and a full time crew to remodel them. The pitch is bring us your upcoming fixer listings off market and you can represent both sides of the transaction. If the deal is good enough they will also give you the listing post remodel which is the case in this one.

These houses are sold without ever being on the open market. The flipper company comes in with all cash, as-is and very quick closing and that is used to rationalize a less than open market price. Some sellers choose that route be it on their own or they are steered that way but suffice to say regular guy/gal on the street is not getting a house like that for a wholeslae price of $750K

On this one it looks like original owner moved to a nice part of SD almost 30 years ago and kept this a rental. These are likely older folks or their heirs. For whatever reason they opted for the fast and easy sale