The Second Rule of Thumb and Negotiating Due Diligence
Monday, January 09
When you make an offer on a property, it is very important to make sure that you negotiate the terms and conditions of your offer. As we already discussed there are three key areas in a contract, one of which is the terms and conditions of the offer. You need to make sure that you have some way...
The Second Rule of Thumb and Realtors
Friday, January 06
There are two things that you need out of your Realtor. You need someone who can find you good properties, and you need someone with good negotiating skills. Very rarely will you offer full price for a property. Because of this, you need a Realtor who can help you convince the seller that even...
The Second Rule of Thumb and The Art of Getting the Right Price!
Wednesday, January 04
When you are determining how much to offer on a property, it is very important that you look at the net operating income of the property. You want to make sure that you are buying a property for a great price in your area. There are a lot of factors that determine if the price is a good deal. ...
The Second Rule of Thumb – The Key Areas of a Contract!
Friday, December 30
There are 3 key points in a contract. There is the purchase price, the terms of the offer, and the earnest money amount. These three things need to be altered to meet the needs of your seller so that the sellers are most attracted to your offer. Every seller wants to get top dollar for their pro...
The Second Rule of Thumb – The Art of Negotiating with Sellers
Wednesday, December 28
One of the first things that you should ask a seller is “Why are you selling your property?” Their answer will tell you how to present your offer to them. It will also help you in determining the key pressure points in the offer. Their answer is going to be fundament to getting an accepted off...
The Second Rule of Thumb - Negotiating Matters!!!
Monday, December 26
No matter what you may think or what you have been told, the way that you present your offer makes a difference. If you just e-mail your offer or letter of intent over to the buyer, they are a lot less likely to take you seriously than if you talk to them personally. It is really easy to delete...