EFP 210: Buyer Negotiation Tactics
It’s been a good year for us at Empire Flippers, even in the midst of this pandemic. Our industry keeps growing and the proof is in the pudding—we have over $1 billion in verified proof of funds from buyers on our marketplace.
That’s why in this episode, Joe and I really wanted to share some great negotiation tactics that all buyers can use to find the right deal for them.
We’ll talk about why and how you should consider a seller’s emotional equity in a deal, managing expectations so you can agree on a sales price everyone’s happy with, and how to set your buying strategy depending on the types of deals you’re going after.
Our featured listing in this episode is for an Amazon FBA business that’s had strong year-on-year growth and doesn’t need much effort to maintain right now. It’s ideal for a one-man band type of operation, and there’s room for diversity outside of Amazon while having plenty of avenues to explore within Amazon too: a great option for someone who’s looking for a hands-off business that pulls in a healthy amount of income while having lots of opportunities to grow.
There are tons of helpful and exclusive tips, so tune in and take notes!
Alright, let’s dig in…
Listen to This Episode
Topics Discussed This Week:
- Be Empathetic
- Talk To Your Broker
- Ask for Financing
- Clarify In Writing
- Know Conditions/Objections
We hope you enjoy the episode! Have interesting insights into cashflow opportunities with online businesses? Have any useful tips when deciding to invest in the RE space? Either way, leave us a comment below or give us a shout on your favorite social media platform!
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