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. 


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 certified property investment advisor and registered 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.

Resource Links

➥ Property Pals Website - https://www.propertypals.au/
➥ How To Maximise Your Borrowing Capacity Mini Course - https://www.propertypals.au/resources

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.

See omnystudio.com/listener for privacy information.