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Updated about 10 years ago,

User Stats

156
Posts
50
Votes
Cody Steck
  • Residential Real Estate Agent
  • Salt Lake City, UT
50
Votes |
156
Posts

Getting down to actually making the offer

Cody Steck
  • Residential Real Estate Agent
  • Salt Lake City, UT
Posted

Ok, I have read books and listened to podcasts and videos. I've talked with local investors, a few developers, and have good contacts with a builder. I've attended my local REIA. I feel like I am starting to get into "analysis paralysis". I want to avoid this and jump in.

I have called sellers and spoken with realtors. I have found a few deals that could work if, of course, the purchase price works. The thing I feel that is really holding me back is how do I actually make the offer?? I am not working with an agent and I am an not one myself so as far as I understand, the offer could literally just be some simple words written up on a piece of paper. Obviously, if it was accepted we would enter into a more formal contract.

What do I need to do? Should I just send the realtor/owner an e-mail stating the offer price and terms? Should I attempt to use a REPC from the start? Do I need to do something in person or over the phone? Any suggestions?

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