Steve D Valentine breaks down the Show, Flow, Demo method for off-market deals: put a net sheet in front of sellers that itemizes their debts, commissions, and proceeds so you can reverse-engineer a realistic sales price instead of guessing. It cuts through deals where sellers have unrealistic expectations about what they'll walk away with.
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Working with the agents, we're buying stuff off market is Charon show flow demo, right? If we can put net sheets in front of them with their debt with their things in it and go, look, if we do this price and we get this, this, this with commissions, you're getting your debt paid off, you're getting your down payment, and, like, this is really our bottom line. Now. I think we can shoot for a little bit higher, but if we can accomplish this, are you good? We're reversing into the actual goal of what the sales price is, rather than the pie in the sky number where we're throwing darts at the board. Because then if you add all that up, what happens if they're unrealistic? What happens if they have $250,000 in debt? There's commissions, there's other things. And you're like, we're not going to be able to accomplish this. So which part of this debt would you not pay off? Right? So that's, that's where I would give you advice to, like, go in it. When we're going through somebody that's like, I want to move, I want to pay off debt, I want to restructure. We need to go deeper with them to really understand the numbers.