Negotiated $47,500 Under Asking Price
MWH represented a soon to be married couple in their search for a Brentwood condo. After looking at a few properties that went quickly, MWH looked into properties that had been sitting on the market for quite some time. After targeting one that their clients liked, the negotiations began by coming in at a low number. Ryan had studied the preliminary report and had identified that the owner owed nearly the amount the property was valued at. Ryan quickly realized the owner had no leverage, thus he negotiated in a very stern manner.
Because of these tactics, MWH was able to secure the Penthouse for their client at a price point $47,500 below asking price. Recently an identical property sold for $1.4million, $428,000 more than the purchase price from this unit just a year before! Talk about an instant bump in equity!