Broker Deals VS. Off-Market Deals - EP. 11

Broker deals and off-market deals are night and day. Everybody thinks that an off-market deal is the holy grail and that you’ll score a way better price. At least that’s what most people think — but it’s not necessarily true. So today, we’re going to go through the key differences between broker deals and off-market deals and break everything down so that you can make an informed decision as a buyer or investor.Key Takeaways:[:14] The difference between broker deals and off-market deals.[1:02] What is a broker deal?[1:44] What is an off-market deal?[2:24] The difference between the processes on a broker deal vs. an off-market deal.[5:05] The difference between a broker and banker.[6:00] How many sellers go to brokers? And why?[7:40] The process of narrowing down the buyers.[9:18] Are buyer interviews held?[9:47] The process for an off-market deal.[10:50] Likelihood of closing between an off-market deal and broker deal.[12:34] The quality of the deals on an off-market deal vs. a broker deal.[13:40] How long it takes to close an off-market deal vs. a broker deal.[15:42] The valuable role of a broker.[20:48] The range of prices in an off-market deal vs. a broker deal.[25:44] Wrapping up our thoughts on off-market deals and broker deals.Mentioned in this Episode:Freakonomics PodcastFor More on The Alternative Investor, Check Out:TheAlternativeInvestorShow.com Hosted on Acast. See acast.com/privacy for more information.