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Updated over 1 year ago on . Most recent reply

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13
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Joe Abramovich
  • Realtor
  • Youngstown, OH
12
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13
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How do you determine what makes a deal a good one?

Joe Abramovich
  • Realtor
  • Youngstown, OH
Posted

GM BP Fam, I'd love to hear some insight on what your key indicators are for evaluating a deal(s)? What is the deal breaker?

Hope Everyone has a great Wednesday!

- Joe

Most Popular Reply

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13,456
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,526
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13,456
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

There are 2 things that make a deal:

1 - The minimal cost to the REI. The cost, and the ONLOY cost, to a REI is all the cash (only) they put into the deal.

2 - The terms.  The terms are defined by "How someone, or something else, pays for the rest".

It's just that simple.  Everything else is either just decoration, rationalization (very expensive), or the means to execute numbers 1 and 2 above.

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