I ahve started seriously using a property options negotiation technique for smaller subdivision peropertties with much frustration as there seems to be a process of educating vendors and also real estate agents about how this can benefit all involved.
Does anyone have any techniques or suggestions to make the process easier???Agents don't like options as there's delay involved between when the property is taken 'off market' and they get their commission. While options are common in larger development scenarios their use isn't so well known (although still common) in smaller subdivisions. Vendors generally aren't aware of them either and to them it sounds like not such a great deal despite the fact that it's probably one of the safer methods to use in a property transaction if used ethically.
At the end of the day, education and frustration is part of the process. Not everyone will see it your way, nor will everyone be open to it. Have a plan B, C and D and some flexibility in your negotiations so that if option A doesn't take, you have some room to manouver. You can only state your case honestly and openly, either they'll like it, or not. If not, move onto the next deal.
Best of luck.
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