Help on 1st Opportunity - Posted by Jeff P

Posted by Jim IL on February 07, 2001 at 12:59:21:

What to look for?
Look for the sellers needs?
What does the seller need?
Then, find out about the home.
Occupied or vacant?
Payments current?
What are they?

And, if you can solve the sellers problems all while making a profit that suits you, then do the deal.

My advice would be to talk to the seller, not the brother, and find out what their motivation level is and what is causing it?
And go from there.

Jim IL

Help on 1st Opportunity - Posted by Jeff P

Posted by Jeff P on February 07, 2001 at 11:47:40:

I am looking for help on perhaps a good opp. Specifics as follows:
1.) Divorce sale
2.) Owner owns two other porperties
3.) Property is vacant, has had tenants in the past.
4.) Not listed yet with RE Agent.
5.) House “needs work” according to the brother. Squirrels got in and did some damage.

I will be attending the Convention in March, but would like to get one under my belt before that. Only I don’t really know what to look for and how to negotiate with seller.
Any help would be tremendous!
Thanks, Jeff P

Re: Help on 1st Opportunity - Posted by Monique

Posted by Monique on February 07, 2001 at 19:46:33:


As usual, Jim IL has great feedback for you.

You might want to also check out Joe Kaiser’s article called “Get on the Same Page with the Seller” over at:

These questions will help you when you’re face-to-face as well.