Negotiation Tips for Real Estate Investors

Negotiation Tips for Real Estate Investors – Episode #370

How do you negotiate the best possible real estate deal? Now, if we were going to be honest, most of us would say that we don't really like negotiation, but it’s a skill we all need to master. Today I have 7 negotiation tips for real estate investors that will make this process a whole lot easier. So if you are very interested in the real estate industry, this episode is definitely for you!

Key Highlights:

[00:01 – 04:23] Opening Segment

An overview of negotiation
Seven negotiation tips that will help make this process easier

[04:28 – 10:08] Negotiation Tips for Real Estate Investors

Do your homework
Know your numbers
You must know your desired income
Know what your exit strategies are
Find out what the sellers really want
Don’t beat up the person in the negotiations
Remember that most good deals are created

[10:09 – 10:35] Closing Segment

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Tweetable Quotes:

Negotiation is not only about money. It might be about terms. – Sharon Vornholt

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Negotiation is about creating a win-win for everybody that's in the transaction. – Sharon Vornholt

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Don't just guess. But know what properties are selling for and know the conditions of those properties. – Sharon Vornholt

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