Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Real Estate Deal Analysis & Advice
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 on . Most recent reply

User Stats

3
Posts
0
Votes
John Gatsoulas
0
Votes |
3
Posts

Making an offer (Jedi mind trick)

John Gatsoulas
Posted

While watching a BP video on YouTube a few weeks ago, I heard Brandon mention a technique he uses for making an offer that I really liked.  Fast forward to today, I’m close to making an offer but cannot recall the technique exactly.  It was like a Jedi mind trick where he gives multiple offers at the same time (which changes the sellers mindset from a “no” to a “which one”). Can anyone tell me which video that was or copy the link so I can watch it again? Or do you recall the specifics around that technique?  I really wanna nail this deal.  Thanks 

Most Popular Reply

User Stats

4,876
Posts
2,466
Votes
Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
2,466
Votes |
4,876
Posts
Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied

@John Gatsoulas, the 3 offers look something like this:

  1. Cash offer at 15% below asking
  2. Bank-financed at 5% below asking
  3. Seller-financing at 10% above asking

You need to determine those percentages and what deal points work for you with each scenario, but that's the general idea.

  • Jaysen Medhurst
  • Loading replies...