Royal Family Real Estate Podcast: Negotiation Tactics That Win Deals
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Royal Family Real Estate Podcast: Negotiation Tactics That Win Deals
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Welcome back to the Royal Family Real Estate Podcast! Hosted by Royal Hartwig, along with Jason Stallard and Brenna Freskos, this episode delves into the dynamics of the current Chicagoland real estate market and strategies for winning deals in a competitive market, focusing on both buyer and seller perspectives. Throughout the episode, the hosts share valuable insights on effective negotiation tactics, such as the importance of appraisal gap coverage, the strategic use of earnest money, and the role of home inspections and appraisal waivers in strengthening offers. They emphasize the significance of clear and proactive communication between agents and lenders to streamline transactions and build trust. The conversation also covers the nuances of as-is contracts, the pros and cons of love letters, and the impact of escalation clauses on deal making.