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Updated over 10 years ago on . Most recent reply

User Stats

100
Posts
5
Votes
Ray Eason
  • Wholesaler
  • Bakersfield, CA
5
Votes |
100
Posts

Making Offers

Ray Eason
  • Wholesaler
  • Bakersfield, CA
Posted

Hello and good evening everyone.

What's the best way to make offers to Home Owners/Sellers?

I've been told and taught to make low offers. 

I've heard, if you aren't intimidated enough (or scared) by your offer, then it's not low enough!

With that being said, how do you start low and allow the negotiations to begin if the Seller says, "No" to your initial offer?

I have a general idea how high I can go. I know I want to get the property under contract starting at 60%-70% of Market but what's the strategy for incrementally going higher?

I don't want to sound like I could have offered the higher price to begin with.

Look forward to hearing from you all.

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