What are some good tips for negotiating solid real estate deals 31 posts by 19 users

Posted: 09/27/2007 at 09:08PM

YOU DONT! Or, I would not! Period!

Posted: 09/27/2007 at 10:17PM

There are plenty of folks facing foreclosure that will be very satisfied to be bailed out in the ninth hour!

Not only that, but many laws enacted in many states, concerning “equity purchasers” have stiff consequences for taking advantage of a homeowner facing foreclosure.

Many common methods of advertisement and obtaining preforclosures are not legal. Expect for the laws to only tighten in the months and years ahead.

Posted: 10/01/2007 at 03:25PM

If they truly don't want to sell, the only way to get them to sell is illegally.

Posted: 10/01/2007 at 04:05PM

I was absolutely NOT suggesting to do anything illegally and apologize if it seemed like it. I was saying that you simply cannot " make" someone do what they do not want to do.

Posted: 10/02/2007 at 12:50AM

If you really want the property offer them more than what it is worth and keep going up until they say yes. Everything has a price.

Posted: 10/03/2007 at 06:50AM

If you are an investor you need to focus on motivated sellers.

If they are not motivated you are wasting your time on them.

If you really have to have 1 specific property (maybe for a larger project) them you need to figure out what will motivate the owner to sell.

John Corey

Posted: 10/30/2007 at 06:01PM

Find their motivations......money, other options, etc are common

Posted: 12/30/2007 at 09:45PM

lol... who said anything about strong arming people hahaha.. u guys have a creative imagination hahaha, anyway i meant more in the negotiations process lol....

Posted: 12/31/2007 at 10:27AM

your right about that lol...., but all jokes to the side the negoiation process now Ive still haven't done my first deal I've been darn close 2 times and both times the buys back out or because i was working with a partner they wanted to take control and screwed the deal up, hence my last deal i was working on a duplex state assisted at 20,000, and the seller wanted 15,000 for the property. and She wanted to sell as for the taxes it was only 400 under which is not bad, so my mentor at the time said he wanted to speak with her being that he had 3 yrs of exp. i let him talk to her and as i listened to him he to me anyway he sounded untrustworthy. thru out the whole process. but the deal fell thru she stopped answering his phone calls due to his fast talking and pushiness to close the deal. anyway the AVR for the duplex was 175,000 -15000 for the building 400 for taxes, and 25,000 to 30,000 in repair cost and another 5000 for finders and negation fees for me. Now if u do the math it was a huge chunk of change for the buyer left over well worth the time to listen to seller and see what they wanted, but this guy tried to push the price down lower most deals have a 15 to 20% return for the investor this was well over 20%.
PS. also does anyone have any good assignment contracts

Posted: 08/14/2008 at 08:46PM

i once heard... " a person convinced his or her own will is of the same opinion still" since then, i have decided to let people make their own choices on everything they want to do