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Updated over 6 years ago,
how to creatively negotiate an off market deal?
So, I reached out to an agent about 10 days ago on a rental (homeowner w backed taxes) in a highly gendrifying neighborhood- 1950, 4 BR/1.5 BA, 1100 sqft asking $1500/mo. She didn’t call back.
Long story short I call back today and find out the homeowner has been leaning toward selling since the property hasn’t rented (needs updating) but they received a rental app yesterday :)
The original homes are comping at $250K-$300K with updated homes nextdoor comping at $575-$675.
The agent said she would present the offer to her client, but she thinks he’s leaning heavily toward renting it another year and will allow him to pay some debt.
Do you know of a creative approach to tie up the property now and make it a win/win..?