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Updated about 12 years ago on . Most recent reply

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Burt L.
  • Real Estate Investor
  • Steamboat, CO
34
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295
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W;hat Approach do You Use for the "Final Money Question"?

Burt L.
  • Real Estate Investor
  • Steamboat, CO
Posted

After making contact with a seller, making conversation and turning to the matter at hand, how do you like to ask the all-important money question?

Here are some variations I"ve read here, and elsewhere:

"How much do you need to get for the property?"
"What do you think would be a fair price for the property?"
"If we pay cash with no realtors fees involved, close quickly, and take the property in its as-is condition, what is the least you will take"

It may also depend more on the specifics of the particular situation, but sooner or later this inquiry is usually made. It would certainly be helpful & educational to see what BP members have had success with.

Its said again and again that one makes their money when they buy, not when they sell.

PS Please pardon the typo in the title line - it can't be edited once posted.

Most Popular Reply

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Ned Carey
  • Investor
  • Baltimore, MD
12,725
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16,434
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

Do you need any money for it or do you just want to get it out of your name?

How much will you pay me to take this turd off your hands?

I have used the first one very effectively. Although I have been tempted, I never had the nerve to try the second one. - Ned

  • Ned Carey
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