How spot and buy properties motivated seller?

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Why buy from motivated seller?

First thing first, why does all the millionaire multi-millionaire buy from motivated seller? It’s simple you can get the properties for way below market value. What? Yes way below market value (at least 30% off market price.)

Before I explain how this secret of multi-millionaire property investor work let me enlighten you about how you can find a motivated seller and buy from them.

How to find or determine a motivated buyer?

To start let’s see what makes a person a motivated to sell. It is because they heard some motivational speech and felt pumped up to sell their property?

Err… doesn’t really make sense. What really makes them motivated to sell their property is that they were forced and have no other option but to sell their homes.

Who are they?

I can give you a few that we always come across but of course there’s always more other can think of.

List of motivated sellers.

1. Migrating out of the country.

These people usually want to sell out here house fast. They want to move on to greener pasture. Maybe their children have already found a job outside of this country, and they decide to move out and stay with their kids happily ever after.

2. Divorce

Well this should be the sad group of motivated sellers. Instead of living happily ever after these people have to stay away from each other. And one way to do that is to sell off the home that they share and move on with their life.

3. Moving

Moving is somewhat similar to migrating. Some people may move for many reasons, some may want to retire in a more quite state some may have hit the jackpot and move to a bigger home whatever the reason that is.

Many more you can think of.

How does it work?

Wonder how you can help people and while being richer? Well sound too good to be true… Buying from a motivated seller can make you tones of money and help them out.

Let’s say you’ve someone who wants to migrate out to stay with their children in America. You’ll offer to buy their house 30% below market price.  

Market price: RM 1 million

Your offer: RM 700,000

You might be wondering now, that it’s too good to be true. Only stupid people will be willing to suffer a loss of RM 300,000. Well, if you think this way you might be missing out the big picture.

Benefits for the seller

(Let’s assume 30 years ago) The “motivated” seller bought that property for RM250, 000 (logical price as property value always hike.) If you buy from them at RM 700,000 they will make a profit of RM450, 000. That’s a good deal for them and they can fly straight to America with almost half million.

Benefit for us?

Well you might be thinking you’re losing money by purchasing a property for RM450, 000 extra. Well in actual case you are profiting RM 300, 000 straight from transaction. How is it so? For investor it’s always about the market value. Market value = RM 1 m, you bought it for RM 700,000. You win RM 300, 000 in net worth.

How to turn it into profits?

Well as I said earlier all the top dog of property investing uses this method and how it benefits you property investing plan compare to you conventional plan?

Rent it out with a higher profit margin or flip it at market price.

To learn more about buying from motivated sellers. Visit Property Investment Convention. 

At the Property Investment Convention real property Investment gurus will give you their latest property investment strategies and provide investors with a realistic picture of the current property market. It is organized by Wealth Mastery Academy, a company committed to providing solid financial education and wealth creation strategies to the masses.