position
A position of strength is very important in any real estate transaction.
Jim Craig, a student from one of my classes, had an “Aha moment” regarding this very thing.
I’ll let him speak for himself:
“They say we need proof of funding or to know how strong the investors are before we bring this agreement in front of a seller.”
“My response back to him is we have enough money to cover a 20% down payment, and frankly, my clients are not about to release their financials unless they have something concrete, a signed deal. When they pass that information back to the seller, the seller says, ‘That’s fine. No problem.’”
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