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Updated over 4 years ago, 04/30/2020

User Stats

23
Posts
17
Votes
Hunter Wolfe
  • New to Real Estate
  • San Francisco, CA
17
Votes |
23
Posts

Convincing sellers who want more than one offer to work with me?

Hunter Wolfe
  • New to Real Estate
  • San Francisco, CA
Posted

Hey BP Fam!

I'm trying to get a property under contract right now. I toured the house with the seller today - it's a probate property, and it would make a great, low-risk investment.

After I toured the house with the seller though, he told me that although I'm the first person to reach him, he's interested in hearing other offers too. This is a situation I've been in a number of times, actually.

Besides giving them a great deal, what negotiation tactics do you all use to lock in a deal?

One idea I have is: when I deliver my offer tomorrow, see what the seller says. If they need time to think about it, I'll say, "Mr. Seller, what price would I need to offer to get you to sign the papers today?"

What do y'all think??

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