Disinterested Buyer, Pt 2
This is a follow-on idea to one of my morally bankrupt business plans, but probably legal and not really unethical. This proposed mechanism would only work in a buyer's market, but given the world of hurt real estate is in these days, I think it might just work.
Instead of the buyer making a bid on a property, a buyer instead requests the seller to make a proposal. This process mirrors long-standing standard corporate and government practices. In order for this to really work, you would have to provide the seller a list of "comparables" currently on the market, and indicate that you are soliciting proposals for all of them.
I'm not sure it would work, but I am thinking about trying it...
Instead of the buyer making a bid on a property, a buyer instead requests the seller to make a proposal. This process mirrors long-standing standard corporate and government practices. In order for this to really work, you would have to provide the seller a list of "comparables" currently on the market, and indicate that you are soliciting proposals for all of them.
I'm not sure it would work, but I am thinking about trying it...
0 Comments:
Post a Comment
<< Home