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Updated over 9 years ago on . Most recent reply

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Mark Brogan
  • Investor
  • Roanoke, VA
374
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1,096
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LOW BALL OFFERS

Mark Brogan
  • Investor
  • Roanoke, VA
Posted

i would like to get everyones opinions on having wholesale deals and getting crazy low ball offers 

do you consider these people to be real buyers ?

would you take time to find these people properties in your area?

all info would be greatly appreciated

Most Popular Reply

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,414
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

I agree with @Brian Johnson His statement has been around for a long, long time.  An offer is based on what will make you money, and not what you think you need to offer to make the deal.  The numbers don't lie, so don't argue with them...you'll lose every time.

That said, you can offer lower than what the numbers tell you is the maximum offer.  Here is what I use as my guild for making offers:

1 - Never feel guilty about your offer.  You don't make them to make the seller feel good.

2 - For every question never asked, you already have your answer, "NO".  So ask the question...make the offer.

3 - Deals are made when all parties agree (Win/Win)

4 - Offers are not made based on all parties agreeing.

Joe Villeneuve
REcapSystem
A2REIC

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