Once you understand what price you are willing to walk away from a deal for, the next fundamental step is to ensure your negotiation skills are sharpe enough to compete against a trained and experienced sales agent so you don’t overpay.
In this episode Sam & Jaryd share their tactics and stories to help the listeners level up the property negotiation skill set in order to achieve a better purchase price.
Get this podcast on your preferred platform:
Apple Podcast – Spotify – Google Podcast – YouTube
Episode Highlights
- Understand the 3 sides of a deal
- Showing your budget card – It is not the end of the world
- Know where value roughly sits before engaging through comparable evidence
- Call competing agents to get their opinion
- Ask further probing questions (why are they selling, have they bought elsewhere, number of parties involved in the sale)
- Throw out some bait
- The strength of conditional and unconditional offers
- How B&P can be a great negotiation tool
- How to be unemotional when buying property
About The Hosts
Sam Powell is a qualified property investment advisor and a property valuer with an illustrious career helping people save and make millions of dollars through property investing.
Jaryd Krause considers himself a student of property, owning his own portfolio of property and online businesses he shares his failures and successes through his property journey.
The Property Pals is strictly just a podcast on how to help you earn passive income through property investing to live a better lifestyle. We have no products or services to sell you, if you ever want help we can refer you to the different people we use for our own personal property portfolios.
Disclaimer:
Any information shared by Sam, Jaryd & The Property Pals team is strictly general and should not be taken as constituting professional advice. You should consider seeking independent legal, financial and taxation advice from a qualified professional.
