- Joined
- Aug 26, 2008
- Messages
- 731
Well, my first quick turn deal is now done. I`m on a `working vacation` in Florida - my wife and kids are taking in Disney World; I`m at another Ron LeGrand event. Fortunately for me, members of my "power team" did the work of closing the deal on my behalf. (The less I do, the more I make...).
I got the property on a contract, then assigned the contract to my buyer a couple days later for $32.5K. They will put about $20K of fixes into it and should make at least another $30K. The buyer was thrilled with how the deal worked out. The renos needed were numerous but small - just a ton of little jobs to be completed, nothing major.
This deal came to me via one of my online leads. I got the email from my website about 9.00PM one night. The next morning at 9.30AM the seller had an offer in his hands and he accepted it. Two weeks later, the deals closed and everyone walked away happy.
I want to thank Tony Peters for his mentoring over the past few weeks on this deal and others. I worked hard to follow his advice and make this a Win/Win deal (actually, Win/Win/Win). Here`s what the seller had to say to me after we closed:
QUOTE I want to thank you and your company for the honest, efficient, and speedy manner you handled the purchase of my home.
With my life situation as it is I needed to sell my home, and wanted to sell it fast. Jim you made that a very elegant and stress free experience. You took care of the bank, lawyers, and all the other details. I couldn`t believe how efficiently you took care of everything, and made it all happen. I am very impressed.
During the entire process I felt I was being treated with honesty and respect and never felt pressured at any time during the negotiations. Above all else I felt you were offering me a very reasonable price for the purchase of my home without me having to stress or worry about the fixes and maintenance that needed to be done.
Another thing that truly impressed me was that it took only sixteen days from the initial contact and offer date, to the day I received my check and handed over the keys.
Once again thank-you very much for all your great work. I hope that other people who need to sell their home quickly get the opportunity to deal with respectable and efficient people like you.
I am a very satisfied customer.
It took me a long time to wrap my head around the idea that people would be willing (and happy!) to give up equity in a property and would be motivated by issues other than money, but there it is.
I have to admit I`m feeling pretty good about this right now. It`s quite a thrill to see a deal like this go through, and especially to get an email of thanks like the one above.
For those of you that are still working to get your first quick turn deal done, I want to encourage you to keep at it. Always focus on making a deal that is a solid "Win" for all parties. If you focus on performing activities that create value for yourself AND everyone you work with, you will succeed!
I got the property on a contract, then assigned the contract to my buyer a couple days later for $32.5K. They will put about $20K of fixes into it and should make at least another $30K. The buyer was thrilled with how the deal worked out. The renos needed were numerous but small - just a ton of little jobs to be completed, nothing major.
This deal came to me via one of my online leads. I got the email from my website about 9.00PM one night. The next morning at 9.30AM the seller had an offer in his hands and he accepted it. Two weeks later, the deals closed and everyone walked away happy.
I want to thank Tony Peters for his mentoring over the past few weeks on this deal and others. I worked hard to follow his advice and make this a Win/Win deal (actually, Win/Win/Win). Here`s what the seller had to say to me after we closed:
QUOTE I want to thank you and your company for the honest, efficient, and speedy manner you handled the purchase of my home.
With my life situation as it is I needed to sell my home, and wanted to sell it fast. Jim you made that a very elegant and stress free experience. You took care of the bank, lawyers, and all the other details. I couldn`t believe how efficiently you took care of everything, and made it all happen. I am very impressed.
During the entire process I felt I was being treated with honesty and respect and never felt pressured at any time during the negotiations. Above all else I felt you were offering me a very reasonable price for the purchase of my home without me having to stress or worry about the fixes and maintenance that needed to be done.
Another thing that truly impressed me was that it took only sixteen days from the initial contact and offer date, to the day I received my check and handed over the keys.
Once again thank-you very much for all your great work. I hope that other people who need to sell their home quickly get the opportunity to deal with respectable and efficient people like you.
I am a very satisfied customer.
It took me a long time to wrap my head around the idea that people would be willing (and happy!) to give up equity in a property and would be motivated by issues other than money, but there it is.
I have to admit I`m feeling pretty good about this right now. It`s quite a thrill to see a deal like this go through, and especially to get an email of thanks like the one above.
For those of you that are still working to get your first quick turn deal done, I want to encourage you to keep at it. Always focus on making a deal that is a solid "Win" for all parties. If you focus on performing activities that create value for yourself AND everyone you work with, you will succeed!
