Knowledge = Power | Washington Real Estate Investors Association Network

You know that right now you must make the strongest offer possible in order to “win” properties in the DC area.

….But timing has a lot to do with your strongest offer.

There is a great article in the Washington Post today that details some of the old tricks we had to use in 2005 when we wanted to win our chosen property.

You can find the full article at http://www.washingtonpost.com/realestate/hot-housing-markets-revive-techniques-that-marked-the-bubble-of-a-decade-ago/2013/04/10/8565827c-a078-11e2-9c03-6952ff305f35_story.html

We just talked about highest and best requests a few days ago, and the WP article touches on the low ball listing tactic that usually comes with those competitive auction style scenarios.

I might also remind you that the last time we used those tactics was back in 2005-2006 – just before we had massive issues with our real estate pricing across the country.

Be careful out there – and don’t let emotions get in the way of a good business plan.

Let me know if there is anything I can do to help your business,

John Peterson

301-881-5541
Washington REIA Network, President

Profitable Property, Founder

P.S. The “March To 100” campaign is in full swing. If you want a few more details about the campaign, and the types of properties we are buying with the sole plan to place them in a rental portfolio, come join us this month at WREIA.

P.P.S. If you are concerned about losing the wealth you have fought so hard to accumulate, you will want to join us tomorrow. Remember, there is a 33% chance you will be sued in your lifetime. (There is a 10% chance you will be sued this year.) Our guest speaker will be discussing asset protection tactics and shielding your wealth from frivolous lawsuits.If you don’t learn something new at WREIA this month it will be because you didn’t join us. Make plans to join us before it’s too late. You can find the WREIA reservation page at http://wreia-april2013-wreia.eventbrite.com