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We explore the challenging situation wholesalers face when buyers come in with offers lower than expected and how to successfully renegotiate with sellers when your original numbers no longer work.
• Setting proper expectations with sellers upfront that everything is subject to verification
• Using a real-world example of a deal that looked great on paper but needed renegotiation
• Gathering concrete evidence including buyers' feedback, additional photos, and written repair estimates
• Presenting revised numbers to sellers in a factual, educational manner rather than seeming predatory
• Having all information ready makes the conversation fact-based instead of emotional
• Building in margin on your initial offers to avoid dramatic price reduction requests later
• Being prepared to walk away if the seller won't meet your price
• Putting sellers who don't accept your terms into a follow-up system for future opportunities
If you like this video, click and subscribe. Comment below with your own renegotiation tips and tricks so we can all improve and close more deals.
By Dale KernsWe explore the challenging situation wholesalers face when buyers come in with offers lower than expected and how to successfully renegotiate with sellers when your original numbers no longer work.
• Setting proper expectations with sellers upfront that everything is subject to verification
• Using a real-world example of a deal that looked great on paper but needed renegotiation
• Gathering concrete evidence including buyers' feedback, additional photos, and written repair estimates
• Presenting revised numbers to sellers in a factual, educational manner rather than seeming predatory
• Having all information ready makes the conversation fact-based instead of emotional
• Building in margin on your initial offers to avoid dramatic price reduction requests later
• Being prepared to walk away if the seller won't meet your price
• Putting sellers who don't accept your terms into a follow-up system for future opportunities
If you like this video, click and subscribe. Comment below with your own renegotiation tips and tricks so we can all improve and close more deals.