How to get your offer to purchase accepted on the spot
podcast

How to get your offer to purchase accepted on the spot

Charles Tarbey, Owning and managing director, CENTURY 21

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If you're considering making an offer to purchase a property, there are a few things you can do to beat other potential buyers.

When you're negotiating to purchase a property the most important part of the transaction is you need to be ready. You need to be in a position to sign a contract there and then. Most of the important transactions are done on the spot and if you want something to happen, you need to be able to say to the agent that you'll sign a contract now at a set price and pay the largest amount of deposit you can. If I were to pay 10% deposit, that's showing that I'm serious. So if I say to the agent "I'll sign a contract, I'll pay the 10% now, you go and present my offer today or I'll wait in your office while you do it", that has a very, very powerful message to the seller. And the seller then knows that if they are willing to sign a contract on that spot, they're going to get a result today.

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Episode 103: Special Episode: Phil and Munzurul talk steering the growth and development of portfolios by managing cash flow
Episode 102: Investor reveals how to find the perfect property manager
Episode 101: From 12 to 100 properties – how this investor will achieve his goals
Episode 100: Property investor talks research, teamwork and balance in his portfolio
Episode 99: Portfolio update: SPI opens its books to reveal all the nitty-gritty details
Episode 98: Buyer's agent forecasts what’s to come for Aussie property market
Episode 97: ‘How we achieved financial security through property’ – the Property Twins reveal all
Episode 96: Tips for tackling pest and building inspections head-on
Episode 95: The top 10 things every investor should check before buying a property
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How to get your offer to purchase accepted on the spot
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