“You just need to allow the market conditions to do the tenderizing for you. That way it’s not your fault they’re losing out. Once the sellers are softened up enough to cooperate they’ll sell.”
Making 2001 level low-ball offers is one way of tenderizing. Too many people are stuck in the first stage of grief (denial). They need to be helped through to acceptance.
Look up hopeless properties that have been listed for 6 months or more. Leave them a voice message or an email. Explain how much their house is worth based on fundamentals. Make them an offer based what their house was worth in 2000. (Ideally you should adjust for inflation, that’s 20% between 2000 and 2007, but i’m not sure if incomes grew that much around here)
I recommend to get a disposable cell phone and a new email address for that. You don’t want them to find out where you live.
