How do you make a competitive offer on an overpriced property that needs work? Real estate guru Joe McCall describes the process of making an impactful offer on a house ⎯ live. Utilizing Automated Offer Pro, which is available in a free version, Joe shares the step-by-step process of identifying overpriced properties, finding comps, and identifying an offer.
The software provides real estate agents, from beginners to old-hands, with a quick and easy process for identifying an appropriate offer for any property in a few quick and easy steps, including generating:
- A cover letter with prepopulated info (but can also can be reused as a template)
- A contract
- Two pages of benefits to the seller to promote the offer and the contract.
The free version of the software provides two different cash offers for properties, based on property details gathered online, from services like PropStreamJoe.com, and physically entered into the system. The free offers generated include after repair value (ARV) minus repair costs and average cost compared to three to four of the lowest comps in the area. The pro version provides even more offer types, such as lease and owner-financing.
Joe also helps to identify “problem properties” ⎯ properties that have been on the market for too long (upwards of 30 days) and are usually overpriced. Listen into a live phone call with the seller of a “problem property” in Detroit and learn what to ask, what answers to look out for, and pertinent information that can help to make an offer that is sure to catch attention.
Besides making excellent offers, how does one make their way in real estate? Talking to sellers every day and sending an offer to every seller one talks to helps to build relationships. Plus, with automated software that will generate an offer and contract, getting a seller’s attention is quick and easy. Building relationships is key to creating lasting real estate partnerships with big payoff.
Visit PartnerWithJoe.net to register for Joe’s program at just $7 a month and get Automated Offer Pro to help generate letters and offers for any property.
Watch and Learn:
Listen and learn:
- What to ask sellers.
- How to trade off terms for the price (and vice versa).
- The importance of establishing relationships and how to do it.
- There is a price that any property will sell for; here’s how to find out what it is!
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