Advance planning for your purchase results in many benefits.
The most financially important of these benefits, is the reduction in sales price when ample time is allowed for the price negotiation. In the years since 2022 sellers and buyers are reporting that the actual sales price of the property transaction they made was about 20-30% below the listed sales price first asked. That’s a big discount !
To benefit from a similar discount, follow these steps:
1. Plan to complete payment your property purchase either in early December OR late March- never between April (Easter) and September.
2. Begin your property search a minimum of 9 months in advance (or longer) – that Means beginning the Property Search & Selection service with your MyTapu Property Finder in March.
3. Make a short Buy List of 5-8 properties to buy;
4. Complete all Due Diligence steps on each property (there is a way to reduce the time and cost of doing this- your MyTapu Property Finder knows how to do it, as part of the preliminary Negotiation tactics he/she uses).
5. Submit your price offer to the seller at a reasonable price advised by your Property Finder, taking into account the real supply and demand situation in the market, shown in the Market Price Valuation Report.
6. Do not expect the seller to accept this price… instead, plan to re-submit the same purchase price bid every month- or use a pricing strategy advised by your Property Finder…
7. Remember, the MyTapu Property Finder is a Transaction Manager that is a Qualified Investment advisor- not a real estate agent.
8. Keep track of prices of the properties shown in the Market Price Valuation Report during the time from April through November (or February), and the sales of properties on your Buy List.
9. At any time during this extended period of time the Seller may come back to you and discuss price, because he knows he priced his property 20-30% above the market value, and because your Property Finder is submitting price bids to the seller once a month, as a reminder. You may receive reduced and lower price offers from more than one seller…
10. Once you have received the seller’s concessions to sell at a reasonable price, and very happily at a discount from the original sales listing price, you the buyer, will have purchased at a price that represents a sound investment, protecting capital and preserving wealth.
Contact email info@mytapu.com today with the subject heading Advance Planning Property Purchase, and the Team at MyTapu shall be pleased to answer questions and guide you to next steps.
