Banks Counter No Matter What – Too Close to the Vest Means Less Money
Kevin and Fred are fed up with banks trying to get more money even when the bank and buyer agree on the how much the house is worth.
Why fight when we all agree?
Mr. Negotiator – Keeping your cards so close to the vest causes you to loose more money, not collect more. Fair market value, is fair market value.
HOW TO CLOSE AT LEAST 3 DEALS IN THE NEXT 90 DAYS
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HOW TO CLOSE AT LEAST 3 DEALS IN YOUR NEXT 90 DAYS
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About the Authors
Kevin Kauffman & Fred Weaver
Kevin and Fred the founders of Group 46:10. Over the last 10 years Kevin and Fred, and their team have closed tens of millions in real estate all over the country and have created some of the best training for agents in the market. Kevin and Fred are also highly sought after teachers whose work has helped agents all over the country build their own next level real estate business.
How can we find out how much the BPO is if they won’t tell you?
You may have to call the bank several time but eventually you’ll find someone that will tell you. The ideal is the question the BPO agent.
Amen! I’ve had the same issues with JP Morgan Chase. I’ve even come up to there requested numbers and still had them request more. The sad part is, I’ve had two offer walk on different properties costing chase almost $90,000. Just because they screwed around. I have zero trust with JP Morgan Chase and am compelled to low ball on what my real offer is in hopes to get them to a reasonable place. Just perpetuating the problem!!!!
It’s ridiculous that the BPO has to be a “secret”…I mean honestly what do they have to gain or THINK they have to gain. Let’s get real here. I would hope that this video gets to those negotiators and their supers and they actually go hmmmmmm maybe we should stop playing games…I DETEST GAME PLAYING – it hurts everyone!!!
Do a search at the top of this site… for BPO! Will give you the mindset and then the ‘how tos’!!!!!!!
regards,
This is how CarMax was started, no haggling used cars. The price is out there and there is no negotiation and they’re hugely successful.