Archive for October, 2008:


Real Estate Negotiation: 2 Profit Maximizing Tips

Real Estate Negotiation Tactics Revealed

Does the thought of giving up your hard earned equity to a money hungry buyer leave your stomach in knots? You are not alone in your frustrations with our current housing market. Nothing is more frustrating than negotiating a contract with greedy buyers who know they have the upper hand because of our current housing slump.

What can you do to preserve your hard earned equity during our recent economic downturn? I am going to unveil two little known strategies for maximum equity preservation during the negotiation process.

Strategy #1 Plant negotiation seeds early- You need to face reality, the current housing crisis has left homebuyers at a major advantage when it comes to the negotiating on the price of your home. It will be important for your to counteract a greedy buyers sense of power, I recommend using subtle hints of other pontential buyers from the very beginning. Leave these buyer hints before you know that a potential buyer likes your home. Once a buyers reveals their intentions of buying your home, it will be too late.

Strategy #2 Keep your mouth shut- Buyers who are well versed in the home buying process will do their best to get your talking. Why do they want to hear you talk? Buyers know that if they can uncover your motivations for selling, then they stand a chance to steal your home right out from under your nose. I advise limiting the conversation only to questions about the home. Stay away from questions about your reasons for selling and your financial information.

Following these 2 simple but effective Real Estate Negotiation strategies for preserving your hard earned equity will keep you one step ahead of greedy money grubbing home buyers

To get your copy of My Negotiation System please visit www.NegotiationNemesis.com

Real Estate Negotiation: 2 Profit Destroying Myths Debunked

One of the most overlooked aspects of skyrocketing your profits when you buy or sell a piece of real estate is hard-hitting negotiation. Your TV is overrun with the latest “Fix your house” television shows. Don’t get me wrong, fixing your home does have its place, but high-powered negotiation strategies will ad thousands of profits, without you ever lifting a finger.

In this article I am going am going to debunk two of the most costly myths about real estate negotiating. Just knowing a few of my easy tips about negotiating can easily add 1-5% of your homes sales price to your profit. That means on a $100,000 home, using a few simple tips can make you between $1,000-$5,000.

  • Myth #1 Create a win-win negotiation whenever possible- Can we get real a minute? If someone else wins, then you lose, it is as simple as that. In completing over 130 real estate transactions my goal has never been to create a win-win situation. Instead, my goal is always to create a situation where I win and the other person “Thinks” they have won.
  • Myth #2 Negotiation starts after offer is written- If you want to lose at least $1,000 on your next real estate transaction, then wait until after an offer is written to lay out your negotiation plan. Masterful negotiation starts the moment you make contact with a buyer or seller. Seeds of negotiation strategy planted early in the process, grow into trees of profit down the road.

Using just a couple of these fool proof negotiation strategies will make your next real estate negotiation seem like showing up to a knife fight using an M-60.

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To purchase Eric’s Real Estate Negotiation System visit www.NegotiationNemesis.com

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