‘If you can find motivated sellers and come up with an ethical solution you could be saving thousands of pounds on every property you buy from this point onwards’

If you are buying a property then it’s vital that you listen to this podcast and understand exactly who you should be purchasing from and why.

When Simon leant about this and changed his thinking he was able to save tens of thousands of pounds when purchasing properties and help find ethical solutions for vendors.

If you want to find out exactly who you should be buying from and how to find the solutions that work for you and the seller resulting in everyone getting what they want, then listen in to this episode.

 

KEY TAKEAWAYS

What is a motivated seller? - Its someone for whom the speed and certainty of the sale are more important than the money they are going to get from the transaction. They are more flexible on the price and /or the terms of the sale.

The vast majority of people selling a property are not motivated they want to realise the highest price possible and are willing to wait for this. These are not the people to buy from.

We are looking for people with a problem we can solve, where we can come up with an ethical win, win that works for them and us.

Why would someone sell their property for less than it’s worth? - There are a variety of reasons people may want to sell their property at below market value, from those at the bottom end to the top end of the market and across all social groups. Change your thinking and recognise there are motivated sellers everywhere.

Understand what the problem is and ask yourself is there an ethical solution? where you give them what they need and they give you what you need.

A motivated seller is not always about buying at a discount someone may be flexible to other creative strategies. You may buy at full price with vendor finance giving you the deposit resulting in you not putting any money in.

A purchase lease strategy option enables you to have control of the property without actually buying it, providing cash flow and equity growth.

In this circumstance, you may be paying the full market price with the vendor being flexible about when they get paid.

We are helping these people coming up with a win, win solution giving them what they want and in return them giving you what you want.

 

BEST MOMENTS

‘A motivated seller is not just buying at a discount it may also be about flexibility around the terms of the sale’

‘Estate agents are good at selling properties but they don’t know what you know as an educated investor’

‘Review the property – does it meet the strategy you want to follow? If it’s not suitable for you, then pass it to another investor as a packaged deal’

 

VALUABLE RESOURCES

• Property Magic: How to Buy Property Using Other People’s Time, Money and Experience by Simon Zutshi | Amazon
•   property investor’s network (pin) - www.pinmeeting.co.uk

ABOUT THE HOST

Simon Zutshi, experienced investor, a successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and became financially independent by the age of 32.

Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003. pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors.

Since 2003, Simon has taught thousands of entrepreneurs and business owners on how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth.

Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book.

Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer-to-peer lending platform to facilitate loans between private individuals and property professionals.

CONTACT METHOD

Facebook: http://www.facebook.com/OfficialSimonZutshi

Lindkedin: https://www.linkedin.com/in/simonzutshi/

YouTube: https://www.youtube.com/SimonZutshiOfficial

Twitter: https://twitter.com/simonzutshi

Instagram: https://www.instagram.com/simonzutshi/

www.pinmeeting.co.uk