What is the best way to make offers on Short sales?
by DC Fawcett
Filed under Uncategorized
Hey D.C. Here,
I got this question from Walter other day.
“Hey DC, I know that if I want to make money, I need to start making offers on short sales. How do I find a realtor who is investor friendly?”
Here’s my answer:
In this market, real estate investors are still closing on deals. Many investors are willing to work with anyone that can bring them deals. Investors have a much defined set of criteria that must be met before they are going to enter into a contract to purchase a property.
Investors are very different types of buyers than retail buyers. What many realtors struggle with is that investors will not pay more than 60% -65% or below current market value. If the property needs work, the investor will reduce their price by the amount of repairs that the property needs.
Investors who have been around are very knowledgeable and are willing to listen if a deal makes sense. Realtors and agents often need a period of time where they can get used to working with each other and figure out each other’s wants and needs. Investors want to do several deals.
Investors are known for thinking “outside of the box”. They are can come up with non-conventional solutions for solving problems. Many Realtors think that some of the techniques that investors utilize are either unethical or illegal. It is important that you learn about investors and how they do business. Just because you may not understand their strategy does not mean that it is illegal. An investor will buy a property today, if not from you, from somebody.
I’ll be covering our latest advanced strategies at our upcoming Accelerated Wealth Summit February 16 – 19. This will be a place where you can “think outside the box”.
I will also be covering how to make huge profits with homes in foreclosure or headed for foreclosure. If you have my Deluxe VSSI system, your admission has already been paid for and you were sent an email to reserve your seat. Make sure you fill out that form so we can save your seat. We cannot guarantee you a seat for late reservations.
I’m doing my live event in February to start your year off with a bang. I’m not one of those guys that runs around the country speaking at other speaker’s events. This is your opportunity to come hang out with me and my coaches for 4 days in the best environment of like-minded investors in the country. 2012 is going to be the best year you’ve ever had in real estate.
Go here to see what the attendees of my last event had to say about it:
Talk soon,
DC
P.S. If you think you qualify to attend this event for free because you already invested in one of our systems that includes 2 tickets to the event, please contact us at 800-764-8064 or email support at support@dcfawcett.com and we will take care of your registration for free.
Related Real Estate Investing posts:
- Short Sales: How To Make Big Money With 2nd Mortgage Short Sale Deals
- How to easily find luxury short sales and commercial foreclosures before your competition
- The Government Forcing Lenders to Approve all Short Sales in 45 Days?
- FHA Loan Limits and Short Sales- Ask DC
- Foreclosure Investing:How much earnest money do you put down on short sales in the MLS?















