Tips for Screening Motivated Sellers Part 2 – Getting to Negotiation

May 22, 2015 in Investing In Real Estate, Videos

motivated sellersIn the first part of this article we talked about how to approach the seller, and what to say to get the conversation going.  We also talked about the reasons you should always use a property information form. (If you missed part 1 you can CLICK HERE to read the article…)

Our ultimate destination is “negotiation”.  We all want to get to the negotiation stage and get that property under contract.

 

Getting Right to the “Nitty-Gritty”

Now it’s time to get down to the hard part.  We all want to get down to the real “nitty-gritty” which is how much money they want for the property.  What are the seller’s expectations?  What is it they really want (or need) in addition to cash?

Here’s a Tip for you-

 

One of the most common complaints I hear is, “The seller won’t tell me how much they want for the house”.   I can tell you from experience sellers rarely spit out the rock bottom dollar amount they are willing to walk away with. You know; the amount they can accept without feeling like they have been robbed. Read the rest of this entry →