Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

4
Posts
0
Votes
Cody Palmer
  • Real Estate Agent
  • Atlanta, GA
0
Votes |
4
Posts

How To Make 2 Offers On 1 Investmentent Property?

Cody Palmer
  • Real Estate Agent
  • Atlanta, GA
Posted

I have read in Brandon Turner's Rental Property Investing book of his technique of giving multiple offers on the same home for the seller to choose from. He illustrates the power of this technique by explaining the thought process from the seller's mind shifting from "yes" or "no" on 1 offer to "which of these 2 offers is the best?" He explains this choice gives a higher chance of getting an offer accepted.

I have played around with the numbers (i.e. full list price with seller contributing full closing costs vs. lower list price and seller contributing less closing costs). I am trying to figure out where the silver lining is with making the offers advantageous for me, and enticing to the seller. Has anyone tried this before? If so, how did the numbers work out to be to your advantage but also make the seller really have to "choose" between the two? I understand the seller's net proceeds should be relatively close in both options, but just trying to figure out the best way to do it.

Thank you for your time!

Loading replies...