The document contains an option for the seller in order to obtain an additional payment in the future. This additional model gives a seller a greater incentive to sell because he will have a second „cherry bite“ if the buyer is able to generate more value thereafter. If the .B purchaser cannot obtain the building permit for the entire land and apply for a building permit gradually, the seller may benefit from the increase in the value of the land by subsequent authorization. Mark: It shouldn`t, no. So if you do your job properly and the deal is a good deal, you will find investors for offers almost overnight. And you need to make sure that investors are aware of the urgency of the transaction. So, remember, the 90-day purchase option was for a BMV purchase, so there aren`t necessarily time scales on these things depending on the different ways you secure business. So don`t think that every deal is as secure as we looked at the previous issue, which is specifically related to a BMV purchase. Here, you therefore agree on a potential lease agreement that is guaranteed with a supplier, and what this lease option contract is, we will have conditions that will confirm the terms of this leasing agreement. This gives you time to leave and find the buyer, the investor for these offers. Be sure to confirm the terms and conditions for paying your fees at this point. So it would be any sourcing contract, but if you don`t have a sourcing contract, you can just send an email to the terms and conditions, then if you calculate a booking fee after signing the NDA and they`ve seen details and they just want to continue, and make sure it`s very clear if the fees should be paid , who will pay how it will be payable, how much will be paid. And just make sure you receive a response from the investor to confirm that they fully understand these terms.
And that`s really how you pack and sell each deal really. Needless to say, the information on each teaser is based on the agreement itself, but then the process itself try to find an investor for the deal tends to follow exactly that basis. The final sale price is not known in advance, but is calculated according to the event. The buyer of the option would like to try to .B. to get the building permit. The seller wants a fair price – he does not want the buyer to leave with too much of his „land“ value. Another arrangement for this situation would be a conditional contract for the sale of real estate. For the option holder, the appeal of this option agreement is that he can choose to leave even if the condition is met. Mark: Okay, so John`s question was here, once you`ve made a possible lease with a supplier, how can you really pack it up and resell it? So what we`re doing and what I`m going to accept here, John, is that if you say, the lease option contract was guaranteed with a supplier that you secured it with the corresponding paperwork. So what we would do is we would start by gathering the financial information in the form of a teaser brochure.
And what I mean by a teaser brochure is that it does not give the address of the property, but it gives limited information, so that people cannot know where this building is or what it is, or address directly to the seller or owner.