James Hoff, Real Agents Work (Century 21 Award)

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Rainmaker
1,101,459
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

In the realm of $10M+ homes 99% of the time it will be through referrals from past customers. I know they're not going to waste my time nor theirs if the wherewithal to purchase doesn't exist. There is a formula, however, a "net worth calculator" is not the proper tool and may quell many opportunities.

Apr 28, 2017 08:12 PM
Rainmaker
5,488,796
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Kevin J. May said it well, and they have private bankers.  You don't need a calculator.  A

Apr 28, 2017 10:08 PM
Rainmaker
1,206,044
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

Need more data.

Apr 28, 2017 08:34 PM
Rainmaker
814,732
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

It's not so much the net worth, it's rather access to capital and that might mean a decent credit score and good cashflow. 

Apr 28, 2017 06:26 PM
Rainmaker
1,707,397
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Not sure that there is any set aprameters by which to judge.

Apr 28, 2017 05:45 PM
Rainmaker
1,830,810
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

You have lots of answers here James Hoff 

Apr 29, 2017 06:02 AM
Rainmaker
3,985,831
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't know if I would trust anythinglke htat.

Apr 28, 2017 08:37 PM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I would have no idea how to go about calculationg that. 

Apr 28, 2017 07:33 PM
Rainmaker
172,857
Dr. Karen Lewis, Broker 954-2489149
K1 Realty Group - Miramar, FL
No Compromise When it Comes to Our Clients!

I have a HP 10b11+ Financial calculator..If I knew how to fully operate it, I may can help you get that answer - but since I don't you are right back where you started..

Apr 28, 2017 06:06 PM
Rainmaker
4,163,355
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Not going there..have them call a loan officer

Apr 28, 2017 05:50 PM
Rainmaker
2,630,909
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

That's a call to my loan officer who has to stay up nights answering

Apr 28, 2017 05:13 PM
Rainmaker
1,044,289
Dave Martin (703) 585-4687
Fairfax Realty - Fairfax, VA
Making Realty Dreams a Reality #WeWillGetYouHome

Not sure that there is any set aprameters by which to judge.

Apr 11, 2018 07:12 PM
Rainmaker
4,849,517
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Those buyers looking at a $10m home usually are cash in my area.

May 01, 2017 11:34 AM
Rainmaker
808,797
Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

I think Fidelity has one.  I'm not sure I understand how you are going to use this info though. -Kasey

May 01, 2017 07:28 AM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

James Hoff - you have the best answer from Kevin J. May.

Apr 29, 2017 10:54 PM
Ambassador
5,329,286
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I have a good spreadsheet and know how to use it well.

Apr 29, 2017 09:11 PM
Rainmaker
1,375,972
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

A simple net worth calculator is using a spreadsheet.  That's what I used for a long time to track mine.

Apr 29, 2017 05:42 PM
Ambassador
2,559,900
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

What Kevin J. May said.

Apr 29, 2017 03:25 PM
Rainmaker
4,125,197
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Kevin May said it well!

Apr 29, 2017 07:59 AM
Ambassador
3,030,033
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I am not sure the application of a net worth calculator will get you what you want ... or even close to it. 

Apr 29, 2017 07:46 AM
Rainmaker
4,433,583
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No.

Apr 29, 2017 07:28 AM
Rainmaker
598,659
Nathan Gesner
American West Realty and Management - Cody, WY
Broker / Property Manager

This one is a mystery for me. I'll stick around to see what others say.

Apr 29, 2017 07:05 AM
Ambassador
4,542,480
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Not sure that I can help.  Perhaps a discussion with a lender?

Apr 29, 2017 06:50 AM
Rainmaker
913,723
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I have a spreadsheet with lots of calculations but that is not one of them - that would be up the investor to figure out with their lender

Apr 29, 2017 06:49 AM
Ambassador
1,616,354
Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

use a regular calculator

Apr 29, 2017 06:25 AM
Rainmaker
3,315,849
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

As with any price range, i go about it the way you would qualify any new buyer with income and ratios. When difficult, i let one of the good local and trusted loan officers pre qual them

Apr 29, 2017 05:32 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't have a clue.

Apr 29, 2017 05:28 AM
Rainmaker
863,479
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

Let us know what you figure out.  

Apr 29, 2017 05:08 AM
Rainmaker
1,711,747
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg Real Estate

Forbes I'm sure.

Apr 29, 2017 05:06 AM
Rainmaker
4,018,854
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Huh?

Apr 29, 2017 04:53 AM
Rainmaker
6,500,370
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Nope.

Apr 29, 2017 04:37 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Alan May nailed this one!

Apr 29, 2017 04:10 AM
Rainer
502,142
Noel Mayer
Upper Montclair Weichert Realtors - Montclair, NJ
YOU WILL BE RIGHT AT HOME WITH NOEL

I stopped by, thanks for the feed back

Apr 29, 2017 03:04 AM
Ambassador
4,173,337
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

If you have access to ZipForms, they have a net sheet that does the calculations for you when you plug in the values.

Apr 28, 2017 10:31 PM
Rainmaker
1,512,129
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

Our CA zipforms offer such forms for sellers, you can use it for a future purchase to input all your future expenses if it is a flip. 

Apr 28, 2017 10:10 PM
Rainmaker
709,364
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

Try to see about an MS Excel calculator template from Microsoft.

Apr 28, 2017 05:31 PM