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.
Multi-Family and Apartment Investing
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 over 4 years ago,

User Stats

1,429
Posts
673
Votes
Jason Malabute
  • Accountant
  • Los Angeles, CA
673
Votes |
1,429
Posts

THE MOST IMPORTANT QUESTION TO ASK SELLERS

Jason Malabute
  • Accountant
  • Los Angeles, CA
Posted

There is a list of questions you should ask sellers when cold calling for apartment deals. However, the most important question two ask "why are you selling now?'

The only way to create wealth in real estate is to buy right. 90% of the time to buy right means to buy under market value.

Grant Cardone says the goal in sales is to create value that is perceived to be more than the money exchanged in the eyes of the other party. 

If the other party's motive is solely is  to get the highest price possible then there is little value you can create by offering under market.

On the other hand, if you find a seller who inherited an apartment that they hate managing and brings them headaches every month then your service  of taking the problem property off their hands has more value in the seller's eyes and they are getting paid for it! 

Loading replies...