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9
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Alex Cabej
1
Votes |
9
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Which seller is more motivated: 1031 or price

Alex Cabej
Posted

If you are a buyer, which type of seller is more motivated to sell to you at YOUR price (e.g. IS MORE LIKELY TO BE A PRICE TAKER):

1.-Seller looking to recoup renovation expenses (presumably no time constraints and knows their expenses are in the past)

2.-Seller motivated by 1031 tax deference (specific timeframe constraint) and wants to buy something closer to home.

3.-Another seller motivated by 1031 tax deference (specific timeframe constraint) and wants to buy a bigger property (theoretically threading the needle more than#2).