"Days on the market" Your Biggest Buying Strategy #propertyinvestmentadvisor#myrtlebeach
Pricing & Profitability
intermediate
negotiation strategy
days on market
buyer leverage
real estate investment
price reduction
M
Summary
AI-generatedLearn how to leverage 'days on market' as a key negotiation strategy when buying short-term rental properties. The longer a property sits, the more leverage you may have with a seller willing to negotiate on price.
Key insights
The strategy of offering well below a reduced price on a property with long days on market is not foolproof but has proven helpful in many cases.
Mistakes to avoid
Relying solely on logical arguments to convince a seller to lower their price is ineffective if they are not yet ready to accept a lower offer.
Tools & resources
The Short Term Shopservice
The Short Term Shop offers expertise and services for investors looking to purchase short-term rentals nationwide.
Frequently Asked Questions
Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial