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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] closing technique Posted by black diamond on August 23, 2003 at 11:34 PM Ward, I hate to blow someone else's horn, but you are great. I will be a student of yours very soon. My partner and I have only scrached the surface of what you make available to persistent investors, and are enjoying success with our limited knowledge. My question is...when closing a propery (buying out the owner with a cash settlement)with significant equity do you suggest taking the earliest appointment with the seller and trying to come to an agreement/ closing the deal right there. Or, do you think giving them time to shop and besting there other offers is potentially better. In my limited experience Ihave found that most investors are willing to offer very little on houses with a lot of equity, making a better offer still quite profitable, and I have also lost deals due to hard closes when I give sellers some room to shop. Any thoughts??? Follow Ups: Be a soft hearted schmoozer. Ward-CA- 3:20 AM, 08/24/03 (2) Re: Be a soft hearted schmoozer. kennyboy 2:54 PM, 08/25/03 (1) Determinable note payoff amount. Ward-CA- 9:58 PM, 08/25/03 (0) Post a Followup: Name : E-Mail : Subject : Comments: : Ward, I hate to blow someone else's horn, but you are great. I will be a student of yours very soon. My partner and I have only scrached the surface of what you make available to persistent investors, and are enjoying success with our limited knowledge. My question is...when closing a propery (buying out the owner with a cash settlement)with significant equity do you suggest taking the earliest appointment with the seller and trying to come to an agreement/ closing the deal right there. Or, do you think giving them time to shop and besting there other offers is potentially better. In my limited experience Ihave found that most investors are willing to offer very little on houses with a lot of equity, making a better offer still quite profitable, and I have also lost deals due to hard closes when I give sellers some room to shop. Any thoughts??? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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