Going into a negotiation

[Stan Taylor]

When going into a home with intention of wholesaling, what type of information should I already have before meeting with seller, and what questions will I need to have answered by my seller before end of meeting?

[Jose Flores]

Hey @Stan Taylor The side that has more information about the item to be negotiated and about the relevant market or industry has more power in the negotiations . This will make you more confident and gives you a sense of control at the bargaining table. Preparation is all about leveraging this power. Let me show you how to do it. And of course I have a step by step process for you to follow because I believe in developing systems and checklist to improve your effectiveness and to later automate your business. Here is an overview the steps.

Step 1: Find Comparable Sales

Step 2: Bring an estimate rehab checklist with you

Step 3 Property records

Step 4: Prepare the contract