Sunday, November 18, 2012

Those 2 Previous Deals

Alright a post ago I was talking about these 2 potential deals located in pretty decent areas.
Well one house we offered $3k on due to the condition it was in. Buyer said he would think about it and call us back well he never did. Which is fine because it would lock it up for any higher we would  barely make anything on this deal. Another thing I like to do is tell them my OFFER and let them seriously think about it. I will not call them back immediately. It lets them know that I am not some desperate buyer and that they need me, I don't need them!! They usually call back and except the offer within a few days. Then again some don't because they are stubborn and have false illusions in their mind that their house is worth more then those on the block and what those other properties are selling at.

As far as the brown house in the post below we locked it up for $16k but were deceived a bit by its appearance and location as to repair costs needed and a good price to market it at. So we had to let this deal go and cancel the contract on it. OH WELL.

Its a numbers game and you gotta play the right numbers to win. Just like the lotto huh?? But your odds of winning in the real estate game are a Million times greater.

So don't be fooled by all the gurus out there saying they close deals left and right. I am sure they are closing deals but they fail and lose deals too!! Those deals you just don't here about though. With me and I am no GURU by any means will tell you straight up how it is.


Below are pics of those 2 deals that didn't work out.

           Let this one go                                                                                          The $3k Offer