WHAT TO DO WHEN MARKETS SHIFT • EPISODE 3 OF 5 WITH JOSH PHEGAN

No bidding war? Here's how to win the deal.

Fewer auctions, more private treaty. Josh breaks down the offer the gets signed. iD4me helps you get more buyers to the table. 

Ten minutes with Josh Phegan: Winning without a Bidding War

IN THIS EPISODE

What Josh covers

Know the number first

Know whether the seller is selling for a profit or a loss before you present anything. Josh puts 5 to 10% of Australian sales each year at a loss.

Ask buyers the three whys

Ask every buyer three questions: why this one, why else, why now. That is your leverage.


Negotiate the price last

The six elements of an offer, in order: name or entity, solicitor, deposit, settlement date, conditions, then price. Never work on price until the first five are done.

Find the second buyer

A $900,000 underbidder is what makes $950,000 look like the money. Present the offer to the owner in person, ticks first, price last.

"I never work on price until I've got the first
five elements."

Josh Phegan, What To Do When Markets Shift

  •  
THE TOOL JOSH KEEPS MENTIONING

Two plans. Pick yours.

2-1

Agent Plan
Mobile, email and DNCR status for the owners in your patch.

From $155 a month, no lock-in.
1

Team Plan
Every agent prospecting, one bill, reports on who's calling.

Plans tailored to your team
THE SERIES

What To Do When Markets Shift: all five episodes

Josh Phegan on the five things that change for sales agents when the market does. A new episode every fortnight. 2 of 5 released so far. 
01 (1)

EPISODE 1 • 7 OCT
Great Buyer Work
Watch now

02 (1)

EPISODE 2 • 7 OCT
Leading Through a Slowdown
Watch now

03 (2)

EPISODE 3 • 21 OCT
Winning Without a Bidding War
Now Playing 

04 (1)

EPISODE 4 • 4 NOV
A Weekly Rhythm
Coming 4 Nov

05 (1)

EPISODE 5 • 18 NOV
Selling Through the Election
Coming 18 Nov

RUNNING A TEAM?
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