3/ pro real estate is an entirely different beast a huge percent of house buyers are first timers the industry is organized around that; you won't look dumbhttps://twitter.com/michaelcurzi/status/1455979695153967107 …
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14/ 100% agreed wife and I were house hunting for ~6 months before we found the farm. When we found it, we knew it was The One. We knew the town, we knew the town's tax rate, we knew local businesses, we know the rest of the market, we knew lot sizeshttps://twitter.com/AndToddsaid/status/1455984763987283978 …
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15/ knowing the market cold, we saw the house and we told the realtor IMMEDIATELY "put an offer in right this second" now, that said ... I also had big brass balls and came in at 15% under asking, bc I knew the market was very slow and the seller appeared desperate
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16/ it was absolute nerve wracking to pretend to nonchalance / to fake the ability to walk away / to stall for another 2 weeks to let seller panic ... and while worrying that someone else could swoop in and grab it ended up splitting the difference and getting it for 7.5% under
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17/ strong agree re local market dynamics I pulled the above stunt (and saved myself $50,000 ) because I knew EXACTLY how slow the market was in this small rural town, how long properties normally sat on the market, how long this property had sat, etchttps://twitter.com/joshuamking/status/1455985141394776068 …
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