The Best Time To Negotiate the Price of a Land Acquisition (LA 1946‪)‬ Land Academy Show

In this episode of The Land Academy Show, Steven Jack Butala and Jill DeWit discuss when to negotiate the price of a land acquisition and the backwards psychology of upfront money. They also give an overview of their weekly show and answer a question from a Land Academy Discord forum member. Tune in for expert insights and entertaining banter. Don't forget to check out The Land Academy Discord channel at https://landacademy.com/testimonials/#discord



Transcript: 



Steven Jack Butala:

I'm Steven Jack Butala.



Jill DeWit:

And I'm Jill DeWit. And this is The Land Academy Show.



Steven Jack Butala:

This is episode 1,946, and today we are talking in depth about when to negotiate the price of a land acquisition. And then a little bit later on, I'm going to talk about the backwards psychology of upfront money.



Jill DeWit:

Okay, wait a minute. Last week I couldn't talk. I was really, really sick. Are you okay today?



Steven Jack Butala:

Yeah, I feel great.



Jill DeWit:

Okay, good. I'm just making sure. What if it's Jack's sick week? We had Jill's sick week. I don't know if I want a Jack sick week.



Steven Jack Butala:

I just had a quiet, pleasant four hour in my office with the fireplace on and all the windows and doors closed session.



Jill DeWit:

And that's what made you not talk.



Steven Jack Butala:

Yeah.



Jill DeWit:

Or not be able to talk.



Steven Jack Butala:

Yeah, I've just been thinking and not talking. This is what I do at work. The exact opposite of what you do at work.



Jill DeWit:

I know.



Steven Jack Butala:

Talk all day long and then think later.



Jill DeWit:

Thanks.



Steven Jack Butala:

And thinking's optional. Tell me I'm wrong.



Jill DeWit:

Geez. That's just not true at all. Sounds like now it's pick on Jill day.



Steven Jack Butala:

I'm not picking on you. Jill talks all day.



Jill DeWit:

Well, because that's because of my job.



Steven Jack Butala:

I know.



Jill DeWit:

Okay. It's not like-



Steven Jack Butala:

No, I don't mean talk to yourself or meaningless talk. I just mean you're on the phone.



Jill DeWit:

Could you imagine?



Steven Jack Butala:

That's just what you do.



Jill DeWit:

I'm just sitting there talking. Who are you talking to? Nobody. No, I don't do that.



Steven Jack Butala:

Hey, I hope you're enjoying our relatively new 2023 weekly show, even though it's March, it's still new for us. Each week we answer questions from our Land Academy Discord forum, review land acquisitions from our weekly Thursday member webinar and take a deep dive into two land related topics that are almost always by request, which I just mentioned earlier. Let's take a question posted by one of our members on The Land Academy Discord online community. If you want a sneak peek of our Discord channel, go to landacademy.com in a read only format. It's free. It's worth it. Check it out.



Jill DeWit:

All right. So Steven, not you, right?



Steven Jack Butala:

Not me.



Jill DeWit:

Not you. Steven wrote, I have a new deal. We have a signed purchase agreement buy for $8,296.81. And retail is, I love this. 30,827.23. The realtor we've been consulting with in the area has a buyer for the property already contingent that it passes perk, but he has just informed us that he charges a $5,000 minimum. This is the realtor. I understand this.



Steven Jack Butala:

I do too. I'm a pro realtor here. Go ahead.



Jill DeWit:

Yeah.