How To Buy Below Market Value In A Booming Market

EPISODE · Mar 23, 2021 · 15 MIN

How To Buy Below Market Value In A Booming Market

from Property Magic Podcast · host Simon Zutshi

In this week's show, Simon will teach you how to buy property below market value in a booming market, meaning that this very podcast could save you tens of thousands of pounds! KEY TAKEAWAYS Mindset and belief are the most important factors in buying during a booming market. Rule No 1 in Property Magic is that we always want to buy from motivated sellers. The national statistics say that 1 in 3 property sales fall apart. This equates to around 36% of deals. You need to remember that if you've found a seller whose sale has fallen through, they are going to be very motivated. When you do a search on Zoopla or Rightmove, make sure you tick the box to include all properties which have already been sold subject to contract, or are under offer. Communicate to the agent involved that if an agreed sale falls through, that you'd be interested in purchasing the property. If it does fall through, your seller will be extra motivated to entertain offers. BEST MOMENTS 'It's possible when you believe that it's possible' 'It's called a seller's market, and it's why prices rise quickly' 'If you give them what they want, they're far more likely to give you what you want' 'You need to make sure that you are proactive' VALUABLE RESOURCES Property Magic: How to Buy Property Using Other People's Time, Money and Experience by Simon Zutshi To find your local pin meeting visit: www.PinMeeting.co.uk and use voucher code PODCAST to attend you first meeting as Simon's guest (instead of paying the normal £20). iphone:  http://bit.ly/pinAPP1 Android https://bit.ly/pinAPP2 Register at Mindset For Property at - www.mindsetforproperty.co.uk  ABOUT THE HOST Simon Zutshi, experienced investor, successful entrepreneur and best-selling author, is widely recognised as one of the top wealth creation strategists in the UK. Having started to invest in property in 1995 and went on to become financially independent by the age of 32. Passionate about sharing his experience, Simon founded the property investor’s network (pin) in 2003 www.pinmeeting.co.uk.    pin has since grown to become the largest property networking organisation in the UK, with monthly meetings in 50 cities, designed specifically to provide a supportive, educational and inspirational environment for people like you to network with and learn from other successful investors. Since 2003, Simon has taught thousands of entrepreneurs and business owners how to successfully invest in a tax-efficient way.  How to create additional streams of income, give them more time to do the things they want to do and build their long-term wealth. Simon’s book “Property Magic” which is now in its sixth edition, became an instant hit when first released in 2008 and remains an Amazon No 1 best-selling property book. Simon launched his latest business, www.CrowdProperty.com, in 2014, which is an FCA Regulated peer to peer lending platform to facilitate loans between private individuals and property professionals. CONTACT METHOD Contact and follow Simon here: Facebook: http://www.facebook.com/OfficialSimonZutshi  LinkedIn: https://www.linkedin.com/in/simonzutshi/ YouTube: https://www.youtube.com/SimonZutshiOfficial Twitter: https://twitter.com/simonzutshi Instagram: https://www.instagram.com/simonzutshi/

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How To Buy Below Market Value In A Booming Market

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