Are you thinking about selling your home or are you about to sell your home? Sometimes the best thing you can do, instead of getting more money, is getting the buyer to share a little bit of the risk.
Sometimes, the best thing you can do is getting them to buy in on the other side to risk more for the deal. Most of the time, the first thing the seller thinks about is something unreasonable, something they are not going to get.
In this situation that we are dealing with right now, is that we are keeping the terms the same but we are asking for a little bit more “NON Refundable” earnest money. That money that the buyer is going to put into the deal, is money that they are already going to put into the home but by going from $500.00 to now we are asking for $2,000.00 because of something that is uncertain about this file.
For the sellers’ to stay in this deal, we are negotiating more “NON Refundable” earnest money. Everything in the contract stays the same. The buyer is still paying the same amount of money in this deal but if you are wanting the sellers to believe that this deal will close, we need you (the buyers) to believe in it with us by giving us more earnest money.
Hi. I am Tommy Davidson, aka GoodTimeTommy #GTT, and I am a real estate and self improvement entrepreneur in Murfreesboro, TN. I have over 15 years of experience in real estate sales and in the past 5 years I have started playing up to my level.
I hired a coach and surrounded myself with those who were better than me. I have read over 1,000 hours of sales training and constantly improving myself daily.