Beyond Price: The Art of Negotiating Terms in Real Estate
Dec 11, 2023
EPISODE 433: Negotiation, we love it and we hate it at the same time. When it goes well, it goes really well. And when it goes bad, well… let’s just say we don’t want you to be imagining that.
Negotiation is a huge part of every real estate investor’s job, and knowing how to do it right can save you (or make you) a lot of money.
Negotiating in real estate is like choosing food. If you want speed and a low price, you often have to compromise on quality, and if you want something truly good, you need to be ready to pay the price.
In this episode, we’ll be discussing the art of negotiating not price but terms in real estate, because most people forget about them, even though they are just as important as how much you’re paying (or getting for a deal).
Ready to learn more?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
Always negotiate time (03:41)
Closing costs (04:35)
Rent-back agreement (05:24)
Repairs and warranties (06:30)
Negotiating with contractors (09:20)
Additional Resources:
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The Real Estate InvestHER Show is a podcast by women for women all over the world who want to learn how to invest in real estate, grow their portfolio, and develop the mindset that allows them to run successful businesses while taking care of their families and – most importantly – taking care of themselves. Follow us for more!
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