Comments on: The 6% Realtor Solution http://7million7years.com/2008/05/03/the-6-realtor-solution/ How to make 7 million in 7 years ... Thu, 24 May 2012 01:26:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: AJC http://7million7years.com/2008/05/03/the-6-realtor-solution/comment-page-1/#comment-949 AJC Wed, 07 May 2008 22:18:04 +0000 http://7million7years.com/?p=144#comment-949 @ Bill - They take your instructions to the seller via the seller's agent ... let the Realtor know up front your price expectations (don't ask him for advice on that!) and he will negotiate to that without (as much) emotion as you. But, your point is entirely valid: get a good agent and let him know that you are a multiple-purchase-investor ... @ Bill – They take your instructions to the seller via the seller’s agent … let the Realtor know up front your price expectations (don’t ask him for advice on that!) and he will negotiate to that without (as much) emotion as you. But, your point is entirely valid: get a good agent and let him know that you are a multiple-purchase-investor …

]]> By: Bill http://7million7years.com/2008/05/03/the-6-realtor-solution/comment-page-1/#comment-948 Bill Wed, 07 May 2008 18:03:48 +0000 http://7million7years.com/?p=144#comment-948 How do you overcome the bias towards higher prices? Even if you have a buyer's agent, their commission is still based on the selling price - not a lot of incentive for them to negotiate the best price for the buyer. How do you overcome the bias towards higher prices?

Even if you have a buyer’s agent, their commission is still based on the selling price – not a lot of incentive for them to negotiate the best price for the buyer.

]]> By: AJC http://7million7years.com/2008/05/03/the-6-realtor-solution/comment-page-1/#comment-947 AJC Mon, 05 May 2008 15:24:08 +0000 http://7million7years.com/?p=144#comment-947 @ Joshua - I don't know whether 5% is going to be a good rate or a bad rate this year or next ... but, I DO suspect that in 30 years time your fixed payment is going to look VERY, VERY cheap compared to the rent it will be pulling in for you ... hope the next 10 acquisitions are just as good ;) @ Joshua – I don’t know whether 5% is going to be a good rate or a bad rate this year or next … but, I DO suspect that in 30 years time your fixed payment is going to look VERY, VERY cheap compared to the rent it will be pulling in for you … hope the next 10 acquisitions are just as good ;)

]]> By: Joshua H. http://7million7years.com/2008/05/03/the-6-realtor-solution/comment-page-1/#comment-946 Joshua H. Mon, 05 May 2008 05:31:15 +0000 http://7million7years.com/?p=144#comment-946 Hey AJC, just for an update on where I am with my RE purchase - I've talked to a RE lawyer and he said I could get a 30 year FRM for around 5.0% because I'm a first time home buyer and I make less then a certain amount. I do believe I would need to actually live in it for some time, which is ok. Thanks for further exploring my question. Hey AJC, just for an update on where I am with my RE purchase – I’ve talked to a RE lawyer and he said I could get a 30 year FRM for around 5.0% because I’m a first time home buyer and I make less then a certain amount. I do believe I would need to actually live in it for some time, which is ok.
Thanks for further exploring my question.

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