Maybe you'll have to look outside the MLS? tax delinquent maybe. Or absentee owners. I think u don't really know if u have a deal until u make an offer tho.
23:09 I cant hold it in; Ive bought a house on the market. Wrote my.own offer And wasnt an agent. We made an offer using an old offer from the year before. Huh? How? It was saved in my email,.duh. i made it into an editable pdf. I then inserted applicable information. I got the house too. Its my primary.
You absolutely can make on offer on a home on the MLS without the approved forms. The listing realtor has to show the seller the offer. But its best to make an offer on a home that is on the MLS with the approved forms. Because the realtor may screw up presenting your offer to the seller and scare them off from your offer where, otherwise, they may have accepted.
I find great deals on the market all of the time. Not always are "off market" deals "DEALS" I know many people who thought buying off market would yield them better ROI when they didn't do their due diligence and got BURNED.
What is the difference between a emailed written offer and a formal offer? Would it not make sense to just offer $100,000 in a written email to save time and make more offers and if an agent sends out an offer is it an purchase agreement with all of the details?
When there’s a “real offer” on the table when all the person has to do is sign. It’s harder to say no to. Same thing for verbal offers. It’s easy to just tell a lowball off out loud but when it’s on paper sellers take it more seriously. It doesn’t matter if it’s a $50k property or a $500k property
It’s tempting to take out a big loan and assume rent will cover it, but what if you face a downturn or struggle to find tenants? Always leave yourself some breathing room.
people purchased property 2-4 years ago and want 100k more than they paid. Many put 5k at most in these properties. However I gotta find a great deal. Someone is willing to sell at a good price.
Asking price doesn’t matter? That’s the most ridiculous thing I’ve ever heard… I like that 3MM house but I can only afford 1MM. Lemme make an offer at 1MM😂
Why is that ridiculous? When making an offer, you should start with what you think the property is worth and then back out renovation costs, desired profit margin, etc. Your offer should definitely not be based on some calculation off of the list price.
This video connected a lot of dots for me. Thank you so much! 🎉
It so hard. They make it sound easy. Have been on MLS for months yet to see any deal
Maybe you'll have to look outside the MLS? tax delinquent maybe. Or absentee owners. I think u don't really know if u have a deal until u make an offer tho.
23:09 I cant hold it in;
Ive bought a house on the market. Wrote my.own offer And wasnt an agent.
We made an offer using an old offer from the year before.
Huh? How?
It was saved in my email,.duh. i made it into an editable pdf. I then inserted applicable information.
I got the house too. Its my primary.
I wonder If I can do this in Ohio, Ive had 2 agents and neither seem interested in offering below market offers like this guy is suggesting
You absolutely can make on offer on a home on the MLS without the approved forms. The listing realtor has to show the seller the offer.
But its best to make an offer on a home that is on the MLS with the approved forms. Because the realtor may screw up presenting your offer to the seller and scare them off from your offer where, otherwise, they may have accepted.
Really insightful for anyone looking to get into the market and understand the value of finding great deals.
I find great deals on the market all of the time. Not always are "off market" deals "DEALS" I know many people who thought buying off market would yield them better ROI when they didn't do their due diligence and got BURNED.
Excellent video
What is the difference between a emailed written offer and a formal offer? Would it not make sense to just offer $100,000 in a written email to save time and make more offers and if an agent sends out an offer is it an purchase agreement with all of the details?
When there’s a “real offer” on the table when all the person has to do is sign. It’s harder to say no to. Same thing for verbal offers. It’s easy to just tell a lowball off out loud but when it’s on paper sellers take it more seriously. It doesn’t matter if it’s a $50k property or a $500k property
It’s tempting to take out a big loan and assume rent will cover it, but what if you face a downturn or struggle to find tenants? Always leave yourself some breathing room.
people purchased property 2-4 years ago and want 100k more than they paid. Many put 5k at most in these properties. However I gotta find a great deal. Someone is willing to sell at a good price.
Everything you said is true, which means you can be the one making that $100k in 2-4 years 💪
Be people
Interesting.
I am sorry I don’t agree… which area ? ….case of high confidence but I feel low competency .. pitch 😢
First comment 😂
Asking price doesn’t matter? That’s the most ridiculous thing I’ve ever heard…
I like that 3MM house but I can only afford 1MM. Lemme make an offer at 1MM😂
Why is that ridiculous? When making an offer, you should start with what you think the property is worth and then back out renovation costs, desired profit margin, etc.
Your offer should definitely not be based on some calculation off of the list price.