
What Is in an Off Market Deal Package
A deal package is what an acquisition company sends when it has a property that fits your rules. It exists so you can make a decision instead of starting an investigation. A good one is short, and everything in it is something you would otherwise have had to go find yourself.
What belongs in a deal package
The package 888 Estates sends contains three things, because those three are what a buy or pass decision actually turns on.
- The after repair value, meaning what the property is worth once the work is finished.
- A renovation estimate, meaning what that work is expected to cost.
- Comparable sales, meaning the recent nearby sales the value is drawn from.
Alongside those sits the property itself: location, type, condition, and the terms on offer. Nothing else is required to say yes or no. Anything more is usually padding.
How to read one quickly
Start with the comparable sales, not the headline value. The comps are the evidence and the value is the conclusion, so if the comps are weak the rest of the package does not matter. Check they are recent, genuinely nearby, and similar in size and condition to what the property will be after the work.
Then read the renovation estimate against your own crew rates rather than accepting it as final. An estimate is a starting point for your own numbers, not a substitute for them. Last, hold the whole thing against your buy box. If it sits outside your rules, pass quickly and say why, because that is how the next one comes back closer.
What to verify before you commit
Walk the property or send someone who will. Photographs and an estimate tell you what is visible, and the things that change a renovation budget are usually not visible. Confirm the title position and anything recorded against the property. Confirm your funding is actually available on the timeline the seller needs, because a package that fits your numbers and misses the closing date is not a deal.
Why the package exists at all
Off market property moves on speed. A homeowner selling directly is usually choosing certainty over price, and the buyer who can decide fastest is the one who gets it. Assembling the analysis in advance is what makes a fast decision possible without making it a careless one. Most of our closings happen in 14 to 21 days, and that only works when the buyer is deciding rather than researching.
Where to go next
Read what a buy box is, since the package is matched against it, or how to get on an off market buyers list in Florida. Read more about 888 Estates, or browse every article in Investor Insights. To start receiving packages, send the investor application. Questions can go to [email protected].
Common questions about deal packages
What is a real estate deal package?
A deal package is the set of information an acquisition company sends about a specific property so a buyer can decide without rebuilding the analysis themselves.
What should a deal package include?
The after repair value, a renovation estimate, and comparable sales, alongside the property location, type, condition and the terms on offer.
What should I read first in a deal package?
The comparable sales. They are the evidence behind the value, so if the comps are weak the rest of the package does not hold up.
Should I trust the renovation estimate?
Treat it as a starting point and check it against your own crew rates. An estimate tells you what is visible, and renovation budgets usually move on what is not.
What should I verify before committing?
Walk the property or send someone who will, confirm the title position, and confirm your funding is available on the timeline the seller needs.
How fast do I need to respond to a deal package?
Quickly. Off market property moves on speed, and most 888 Estates closings happen in 14 to 21 days. A fast pass is as useful as a fast yes.