AskBP

#AskBP 006: How Do You Submit a Low-Ball Offer Without Offending the Seller

Expertise: Landlording & Rental Properties, Personal Development, Real Estate News & Commentary, Real Estate Investing Basics, Business Management, Flipping Houses, Mortgages & Creative Financing, Real Estate Deal Analysis & Advice, Real Estate Wholesaling, Personal Finance, Real Estate Marketing, AskBP
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How Do You Submit a Low-Ball Offer Without Offending the Seller

When you buy real estate, you need to get a GREAT deal.

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However, if you offer too low, you risk offending the seller. So how do you submit a low-ball offer without offending the seller? How can you snag a great deal without ticking off the seller? In this episode of the #AskBP Podcast from BiggerPockets, Brandon Turner addresses this question and leaves you with a killer good quote!

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Brandon Turner is an active real estate investor, entrepreneur, writer, and co-host of the BiggerPockets Podcast. He began buying rental properties and flipping houses at age 21, discovering he didn’t need to work 40 years at a corporate job to have “the good life.” Today, with nearly 100 rental units and dozens of rehabs under his belt, he continues to invest in real estate while also showing others the power, and impact, of financial freedom. His writings have been featured on Forbes.com, Entrepreneur.com, FoxNews.com, Money Magazine, and numerous other publications across the web and in print media. He is the author of The Book on Investing in Real Estate with No (and Low) Money Down, The Book on Rental Property Investing, and co-author of The Book on Managing Rental Properties, which he wrote alongside his wife, Heather, and How to Invest in Real Estate, which he wrote alongside Joshua Dorkin. A life-long adventurer, Brandon (along with Heather and daughter Rosie) splits his time between his home in Washington State and various destinations around the globe.

    Andrey Y. specialist from Seoul Korea | Honolulu, HI
    Replied over 4 years ago
    Thanks Brandon! One thing to note, “You wouldnt be interested in that, would you?” that puts the negotiation advantage to the seller. Sort of weak sounding, like you are stepping down. Your thoughts?