All Topics / Help Needed! / Motivated Vendors

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  • Profile photo of moonscapemoonscape
    Member
    @moonscape
    Join Date: 2004
    Post Count: 9
    July 17, 2005 - 8:38 am

    Hi Everyone,
    It seems to me that one of the most crucial aspects of finding a realistically priced property is to first find a motivated vendor.
    This being the case can anyone suggest what methods can be used to flush out these vendors.
    Can anyone add to the following,
    1)Knock on the doors of unloved properties and ask to speak to the owners.
    2)Place an add in the paper
    Can anyone elborate on their experiences.

    Moonscape

    Profile photo of MichaelYardneyMichaelYardney
    Participant
    @michaelyardney
    Join Date: 2001
    Post Count: 616
    July 17, 2005 - 11:42 am

    You are correct that you will find bargains when you find a motivated vendor, but I don’t really think that either method you suggest will flush out motivated vendors.

    They don’t usually announce themselves, but often the agent will let you know.

    You may flush them out with “cheeky offers.”

    Michael Yardney
    METROPOLE PROPERTIES
    Author of Australia’s leading property e-magazine.
    Join over 10,000 readers each month.
    FREE subscription http://www.metropole.com.au

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