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Updated 8 months ago,

User Stats

21
Posts
9
Votes
Gabe Capoferri
  • Real Estate Agent
  • Scarborough Maine
9
Votes |
21
Posts

How to make a competitive offer to a seller doing a 1031 Exchange

Gabe Capoferri
  • Real Estate Agent
  • Scarborough Maine
Posted

I am looking to buy a multi family and the listing agent noted that the seller is doing a 1031 exchange. Unfortunately we cannot offer the full asking price because we are not approved to do so. I would still like to make an offer and want to find other ways to make our offer more competitive. 

From what I have read, providing a flexible closing date is the best thing you can do since the seller will only have 45 days to get into another property. Is there anything else I can do to stand out in my offer? 

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