The oldest trick in real estate (and why it works)


There is always another offer.

You have to approach real estate investment with that mindset.

It’s a trick many agents use.

“There is another offer.”

Aka: urgency. Bring your top price if you want it.

Not sure if it’s legal or illegal… but it’s everywhere.

Now.

If the property is good.

If the price is good.

People should be bidding.

That’s a good sign.

Be careful with properties that look great…

but nobody wants.

Are you missing something?

So, when an agent calls me and says there’s another offer…

I see it for what it is: part of the game.

The tricks (real offer or their cousin’s?)… the same.

The pressure… the same.

And that’s OK.

It keeps weak investors making mistakes.

Or out of the deal.

You can always come back later…

and pick up the pieces.

Those are good deals, by the way…

Infrastructure, like real estate, is also a long-term game.

And it works the same way.

Good deals attract competition.

Serious offers.

That’s healthy.

So…

If you’re the client…

And bidders start walking away,

Lose interest,

Or send their juniors to meetings…

You should be extremely worried.

What are you missing?

This week’s lesson breaks down one of those missing pieces.

A document that must be there.

And most people don’t even ask for it.

If it’s missing, or weak…

lenders walk.

contractors walk.

the deal dies.

That lesson?

Only for those who click below.

​My mentorship - Weekly PPP Lessons from a PPP ex-CEO​

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Vicente Valencia

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