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Last updated on Feb 19, 2025
  1. All
  2. Real Estate
  3. Real Estate Development

You're eyeing a prime real estate parcel. How do you convince a stubborn landowner to seal the deal?

To persuade a steadfast landowner to sell, build rapport and demonstrate value. Here's your game plan:

- Establish trust by understanding their attachment to the property and acknowledging it in your discussions.

- Present a fair offer that respects the market value and addresses their potential financial concerns.

- Be patient and persistent, showing your commitment without pressuring them unduly.

What approaches have worked for you in real estate negotiations?

Real Estate Development Real Estate Development

Real Estate Development

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Last updated on Feb 19, 2025
  1. All
  2. Real Estate
  3. Real Estate Development

You're eyeing a prime real estate parcel. How do you convince a stubborn landowner to seal the deal?

To persuade a steadfast landowner to sell, build rapport and demonstrate value. Here's your game plan:

- Establish trust by understanding their attachment to the property and acknowledging it in your discussions.

- Present a fair offer that respects the market value and addresses their potential financial concerns.

- Be patient and persistent, showing your commitment without pressuring them unduly.

What approaches have worked for you in real estate negotiations?

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Help others by sharing more (125 characters min.)
42 answers
  • Contributor profile photo
    Contributor profile photo
    Radhika Shenoy, MRICS

    Head - Corporate Real Estate & Services(CRES) & ESG | MRICS | Certified Independent Director IICA(MCA) Driving Sustainability, DEI, Mentoring and Volunteering for Social Good

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    To convince a stubborn landowner, build rapport and trust by being transparent and addressing their concerns. Highlight the value proposition by clearly presenting the offer and emphasizing the benefits. Create a sense of urgency by setting a deadline and offering incentives to finalize the deal. Remember that each landowner is unique, so it's essential to tailor your approach to their specific needs, concerns, and motivations.

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    18
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    Contributor profile photo
    Atchuta Neelam

    CEO RealSuperMarket.com | Founder & CEO at ListCentral.Us | Real Estate Lead Generation | PropTech Entrepreneur |Property Data | Data-Driven Strategies

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    In real estate, it's not just about the land; it's about the legacy we build. To win over a stubborn landowner, I start by connecting with their values, painting a vision beyond just money. My data insights then highlight market opportunities and the risks of delay. I offer flexible terms, addressing their concerns with understanding. Building trust is key, so I listen and reassure. By creating a sense of urgency with factual risks, I aim for a win-win. It's my client-centered approach, honed over decades, that ultimately seals the deal.

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    6
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    Nabanita S.
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    When negotiating with a reluctant landowner, patience and empathy are key. Building a genuine connection by acknowledging their emotional attachment to the property goes a long way. I’ve found that presenting a clear, fair offer backed by market data is essential to show you're valuing the land properly. It’s also important to understand their motivations—whether financial or personal—and address those concerns directly. Persistence, without being pushy, shows commitment. Ultimately, creating a win-win scenario, where both parties feel respected and satisfied, makes closing the deal more likely.

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    5
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    Contributor profile photo
    Sandeep Singh Nindra

    From Soldering Circuits to Scaling AI: Founder & CEO | 35+ Years Turning Technology Into Profit (Electronics → IT → Retail → Real Estate) || Ensuring Businesses Actually Use AI, Automation & Latest Tech Solutions!!

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    Please review the following key points when negotiating with a hesitant landowner to successfully close a deal: * **Landowner Motivation:** Understand the landowner's underlying reasons for selling or not selling, including financial, emotional, and legacy considerations. * **Mutual Benefit:** Ensure that the agreement offers positive outcomes for both parties involved. * **Data-Driven Evidence:** Utilize factual information like market data, comparable sales, and demographic trends to support your position. * **Independent Mediator:** Consider involving a neutral third party to facilitate communication and help reach a mutually agreeable resolution.

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    4
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    Pankaj Garg

    Real Estate Growth Hacker| Intuitive Strategist| Partner at Space Advisors

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    My approach is straightforward yet effective. I conduct thorough research on market conditions and gather relevant details about the seller to ensure a well-informed negotiation. I remain persistent without being intrusive, always striving to strike the right balance. I offer a fair price and maintain flexibility in my terms to accommodate the seller’s needs, fostering a smooth and mutually beneficial agreement.

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    4
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