Learn tips for using price anchoring in sales negotiations, helping immigrants and faith-based investors purchase properties when traditional financing isn’t an option, and presenting price options using a seller net sheet on listing appointments. This episode is a must-watch if you’re wondering how to approach real estate leads as both a licensed real estate agent and an investor.
Chad kicks off the call by sharing his Back-Of-The-Napkin formula for calculating max allowable offers (MAO) and presenting those offers for wholesale and investment. The masterminds then brainstorm tips for leveraging vendor partnerships to help pay for upfront costs either through invoicing, liens, or simple interest on owed balances. Chad and John discuss tips for nurturing B2B relationships and which vendor partners are the best to pursue. Chad, Rodger, and Alex brainstorm ways to help move two trustee listings forward to sale as the siblings continue to infight and procrastinate, getting in the way of necessary cleanup for staging and showing.