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Updated over 5 years ago on . Most recent reply

User Stats

59
Posts
36
Votes
Alex Leana
  • Rental Property Investor
  • Buffalo, NY
36
Votes |
59
Posts

Getting Out of My Comfort Zone

Alex Leana
  • Rental Property Investor
  • Buffalo, NY
Posted

Lately I have had an issue with finding properties that piqued my interest. Then I found one listed on the MLS and went to drive by it.

When I showed up to the property, I saw someone doing some landscaping work. I got out of my car, walked up and asked if he was the owner. He was not, but let me know the owner was in the backyard. I then met the owner, he let me walk through the house with no appointment and answered all my questions.

I submitted a over listing price offer today and decided against attaching an inspection contingency. I am hoping it makes my offer more attractive in a highly competitive real estate market.

Even if I don’t get my offer accepted, I made moves which got out of my comfort zone. Improving myself every day!

What could you do to get out of your comfort zone?

Most Popular Reply

User Stats

28,238
Posts
41,448
Votes
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
41,448
Votes |
28,238
Posts
Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorReplied

I once showed a listing to a friend of mine that looked like a really good deal. He didn't like it. Two days later, at 9pm, he calls me and tells me he wants me to write up the contract! Turns out he was out running errands and decided to drive past the property. The Sellers were out raking the yard so he stopped to chat. They took him on a two-hour tour and he ended up negotiating a deal with them that included 5% down and owner financing with 30-year amortization at 5%. That was much better than he would get through the bank! I literally spent 30 minutes drawing up the offer, sending it to him for signature, and then mailed it to the listing agent that night. On the day of closing, I toured the property and sat through closing with him. It was about four hours of my time for $8,000 in commission!

  • Nathan Gesner
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