Page 259 - Trump University Commercial Real Estate 101
P. 259

The Right  W a y to Sell for Maximum Profit



                         Before you conclude that this is the way to go, I have three
                     questions to ask you:



                        1.   Do you have the time to sell it yourself?  Maybe you do. If
                         so, why  aren ’ t you spending that time researching other high -
                             potential markets and building your information networks there?

                        2.   Are you experienced enough to sell the property yourself?
                         Do you know what questions to ask a buyer? Do you know what
                         information you ’ ll need from a buyer and what actions you need
                         the buyer to take to ensure that you have a good transaction?
                              Inexperienced sellers frequently will take a property off the
                         market to work with a buyer. They get quite far into the process
                         only to see the deal fall apart because that highest - bidding buyer
                         could not get fi nancing.
                             When you sell through a good broker, that person has a
                         very large list of buyers he can call to present your deal. He
                         already knows which buyers are  closers . If you want to sell quickly,
                         the broker will hit those proven buyers and potentially save you
                         a lot of grief.
                             If for some reason the broker ’ s top - tier buyers don ’ t bite,
                         the broker will still have a large network to shop your deal to.
                         Your broker will quickly be able to size up any potential buyers
                         for you.
                             Want another reason to use a broker? The good ones have
                         been through the closing process countless times before. They
                         know how to overcome obstacles before they become  deal break-
                         ers.  The worst - case scenario is that they know when a deal sim-
                         ply cannot go through, so you can get your property back on
                         the market quickly.
                             If you bought a property through a broker and you want to
                         do more deals with that person, you really should list the prop-
                         erty with her. She will be expecting the listing. If you give it to
                         her, you ’ re now that much higher on her inner circle of contacts.
                         If you don ’ t, you ’ ve just dropped way down.


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