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In this real estate environment, with lots of investors, it may (or may not) be possible for this group to get a discount but there may be several other ways that this developer might chose to help the group. If the developer is wise, they will find some way to work with this group and treat them well.

A great example of the buying power of groups can be found in a new project at www.getpreconstructiondeals.com.

One of the greatest preconstruction investing issues that I hear from individual investors is that they can’t get cloister to what they provisionally accept are good projects. Regardless if the preconstruction project is a ground condo, a townhouse, a single family home, or even land investment, individuals are finding that many restrictions are new placed on them by developers. In addition, prices are continuing to runaway. So given all this, how is an individual investor supposed to excel in this environment? Read on and find out!

Suppose the investor had the power to march right into the developer’s office and demand that they should give you at least a $20,000 discount, which now would turn a good project to a really great one. I mean, you’re serious apropos your preconstruction investing. Shouldn’t you be entitled to that discount? infra the developer stopped laughing, they probably would suggest the investor find a path to their door.

If you look at this from the developer’s perspective, they probably or ever have a marketing team in place to provide a steady supply of purchasers or investors. In this market, a single individual preconstruction purchaser/investor would have utterly zero impact on either the developer was doing or planning. virtually your request for a discount provides zero percentage in the preconstruction process.

So let’s become this picture a little bit. Suppose you are a surgeon and you walk in with 15 other doctors and tell the developer that you are very serious not far from this preconstruction project and probably others that the developer has on the drawing boards. Ok, this is possibly a horse of an entirely different color for the investor group. Having a single group come in and moving a racket of 15 units in one fell swoop may be something of interest to the developer. This is especially true if the developer has time pressures to get this preconstruction project moving forward.

In this real estate environment, with lots of investors, it may (or may not) be possible for this group to get a discount but there may be several other ways that this developer might chose to help the group. For example, the developer could avouch the group that they will definitely be able to get 15 units in the preconstruction project; for many locales, even that is a major feat. In addition, the developer could buck up this group that they may get first crack at other than phase, or fresh project altogether. If the developer is wise, they will find some way to work with this group and treat them well.

A great example of the shopping power of groups can be found in a new project at www.getpreconstructiondeals.com. With over 8,000 preconstruction subscribers to our database, there are potential methods to form relationships with developers where it is mutually utilitarian to both the developer and the investors. This pooling of “buying power” is really the genesis of our Mastermind Group.

In this new preconstruction project, the developer has signed to provide a $15/Sqft discount if 20 investors make their reservations in a short period of time. For a 2 Bdrm, that is a discount over current selling prices of $21,570!! Simply inasmuch as 20 people made the effort to work together on a preconstruction investment of mutual interest. In addition, this is great for the developer for with that number of new preconstruction reservations in place, it helps them industrialize their goals more quickly. This is an example of the proverbial win-win situation.

So how can you take overhand of group power in your next investment, regardless if it is preconstruction or second type? First, you have to find a place where other like minded people visit. Possibly this is a local real estate club, a group of co-workers that like to invest together, participants in an on-line forum, or even as part of groups like ours. Regardless of how you turn the trick the goal, think in terms of how you can best put together your team and increase your buy and negotiating power.

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