OfflineMany who start feel uncomfortable making offers while they start. The question might be what if the offer is accepted what do I do with this or other questions may arise.
Here is the idea, and this is not new just represented. Make offers with contingencies. Contingency clauses will allow you to make 100 offer per week and have all of them accepted. How exiting that would be.
If you had contingencies on your offer you would then be able to pick the offers you actually want to work on and let the rest of them go by submitting a letter to the sellers that you are dropping the offer because of the contingency clause.
This also works in the case that you had a buyer then lose the buyer or if you are concerned that the property will not work for the profits you are looking for.
Contingency clauses allow us as investors to comfortably make offers regularly without difficulty.
When making offers remember your contingency clauses and enjoy.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
How about having your real estate agent (or you personally) make verbal offers followed by a letter of intent (LOI) ?
Many people have considered doing verbal offers. Here is the problem though an offer not written down is not an offer. Some will consider a verbal as an offer but the offer will not hold up. I would hate to see you put an offer in and then find out the home was sold to someone else.
Also, if you are planning to do a verbal then a LOI then an offer why not skip right to the LOI or offer? This will at least get a better start than the verbal.
I would suggest using the verbal only for communication / negotiation purposes.
If you would like the chance to work with me or one of my fellow real estate investor coaches and our advanced training programs, give us a call anytime to see if Dean's Real Estate Success Academy and our customized curriculum is a fit for you. Call us at 1-877-219-1474 ext. 125
In my state verbal offer don't work specially with the bank. they want everything in writing.
Wilnise
Realtor / Investor
Matt. 6:33 "Seek first the kingdom of God and his righteousness, and all these things shall be added to You." Matt. 16:26 "For what profit will it be for a man to gain the whole world, and lose his own soul." If the first two verses are true for you, Always remenber Phil. 4:13 "I can do all things through Christ who strenghtens me." Promise from God, Psalm. 60:12 "With God's help we will do mighty things."