How much should I offer for a property? Jordan Brewer
You will know how much to offer because you will have run the value of the property in the Advanced Deal Analysis previously. This tool will help you know the maximum price you can offer on a property while still retaining a healthy profit. When it comes to making the offer, oftentimes you will hear that the amount of your offer should be a certain percentage below the seller's asking price. However, this will depend on the current state of the real estate market in which your property resides. If there are multiple buyers competing for this property, you will most likely end up paying what the sellers desire. If the demand in the area is weak, then offering a price below the asking price will be a very smart strategy.
There are also many techniques you can use in negotiating prices. Click here to watch a video on 11 Tips for Negotiating.
Check out our YouTube videos: How Much Should I Offer on an Investment Property, Home Price Negotiating Tactics, Negotiating Tactics and Strategies, How To Negotiate The Best Price For a House You Want To Flip
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