The market right now almost feels like it’s in gridlock because there are more buyers than there are sellers. Necessity is the mother of invention, and when we’re all feeling pain, we want to come up with ideas and solutions to solve the problem at hand. Throughout my career, I’ve sometimes tended to over-solve a problem or come up with too creative of an answer when all I needed to do was get better at the things I was already doing. With that in mind, I’ll share five tools you can use to get sellers off the fence and create a solid backlog for yourself heading into the summer.
Feel free to watch the video above in its entirety to learn about all five tools or use these timestamps to skip ahead to various sections at your leisure:
1:55—Provide context
2:58—Guild Mortgage bridge loan
3:33—Seller contingency
4:31—Rent-back agreement
5:27—Get cash offers from investors
7:23—Wrapping things up
As always, if you have questions about this or any real estate topic, don’t hesitate to reach out to me. I’m happy to help.
