Episode Details
Back to EpisodesWIP 2070: How to Win Seller Deals Without Making the Highest Offer
Description
Do you constantly lose out on real estate deals because you cannot match a competitor's high cash offer? In this insightful solo episode, Mark Stubler breaks down the final piece of the JHB (Join, Hear, Build) framework, revealing why the highest offer rarely wins the deal. Mark explains why treating standard benefits like fast closings and cash offers as your main selling points is a mistake, and how to discover the hidden "Black Swan" details that actually matter to sellers.
You will learn how a simple request to keep a bathroom faucet saved a massive transaction, and how to stop competing on price so you can start competing on understanding. Be a part of the TTP training program now.
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Show notes:
- (0:00) Beginning of today’s episode
- (0:46) How a simple bathroom faucet taught Mark a massive lesson about seller psychology
- (1:36) Why offering fast cash and convenience no longer separates you from the competition
- (2:05) The Thanksgiving Buffet analogy for understanding what a seller truly wants
- (3:12) Why assuming every seller's primary motivation is speed will cost you deals
- (3:30) Using Chris Voss's "Black Swan" concept to find hidden, deal-making information
- (4:10) Navigating a seller who is actively comparing your offer against other investors
- (5:26) The exact closing question Mark asked to instantly lock down a competitive contract
- (6:25) Why winning a deal simply because you had the highest offer makes you an order taker
- (7:07) Why your ultimate competitive advantage is understanding, not negotiating
- (7:35) A quick recap of the complete Join, Hear, Build (JHB) acquisition framework
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Resources:
- Never Split the Difference by Chris Voss
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
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