Top 10 ways to throw off competion

Discussion in 'Investor Psychology & Mindset' started by JDP1, 8th Nov, 2015.

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  1. datto

    datto Well-Known Member

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    Actually, it was page 46 of the Kamasutra......the biter......grrrrrrrrrr
     
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  2. JDP1

    JDP1 Well-Known Member

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    Lol..I'm only upto Page 22.
     
  3. Tekoz

    Tekoz Well-Known Member

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    Perhaps borrow from @Steven Ryan :D?
     
  4. HUGH72

    HUGH72 Well-Known Member

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    Mention that the place has termites....:eek:
    Guaranteed to scare off any southern investor.:p
     
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  5. JDP1

    JDP1 Well-Known Member

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    Nah...im gonna use the honey trap method [mentioned on my list] at the next open I goto.
    How it works:
    I'm going to ask an attractive female friend of mine to wear a short skirt and heels and accompany me to the open inspection. When a Sydney investor shows up [ they always do sooner or later], I'm gonna ask my female friend to 'suggestively advise' them of a better offer- for property that is :D ; with the intent to lure them away from the property. Most likely ask her to feed the unsuspecting Sydney investor ' timely market intelligence' that apparently no one else knows- eg ' oh, we just went to another open home down the street and liked it much more- the quality of the finishes were very professional; we also met the vendor- a lovely person who has taken really good care of the home and the agent has told us that vendor is very willing to negotiate on the price '...type of garbage. The unsuspecting Sydney investor will then be out the door and walking down the street looking for that 'for sale' sign...With the competition now gone, I can then at my own pace, work with the agent to get the best price or at least knock it down. In some instances, my friend can also be useful on the agents..lol!! Gotta think on your feet and be able to adjust rapidly to circumstances. An opportunistic mindset is a must to pull off this trick.
     
  6. Tekoz

    Tekoz Well-Known Member

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    Does that means most or some of the existing house in QLD is prone to termite attack ?
     
  7. D.T.

    D.T. Specialist Property Manager Business Member

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    Yes :cool:
     
  8. JDP1

    JDP1 Well-Known Member

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    further, the above scenario assumes single male Sydney investors...so what about husband and wife scenario?...yep the honey trap can work in that scenario as well. Its obviously gonna be more tough, but with pre-planning your approach beforehand it can work. This is one way: when a husband and wife team show up, you and your friend need to first break the physical boundaries between them. That is your female friend will strike up a conversation with the male, whilst you, , almost simultaneously strike up a conversation with the female. make sure the groups are close enough to each other but not close enough to be in easy earshot. eg just move a little to the side so that the backs are facing each other. This disassociation is important to set the scene. Next, deliver the same messages , but in different syles so it does not come off as ambush tactics..be genuine in the delivery; so if one might say stuff like the above [ open down the street etc.], the other should say the same message but in a different way. Rehearse it before hand in order to get it down pat. End the conversations almost simultaneously, again just being natural in ending and not appearing like its from a script. Once ended, the husband and wife will definitely 'compare notes' as to their conversations- which have [ if delivered well] the same message of ...look at the house down the street ( instead of this one). Convinced as both parties think so, they will soon leave the premises to inspect the one down the street. Make sure you linger around until they leave [ act busy, shoot the breeze with the agent, etc..]...once they do leave then let the real fun and games begin!!:D
     
  9. bob shovel

    bob shovel Well-Known Member

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    Screenshot_2015-11-10-22-58-27.jpg
     
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  10. JDP1

    JDP1 Well-Known Member

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    Yeah...it's about time I stopped smoking this **** .. Not my fault, @datto gave it to me.. I should have known.
     
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  11. Phantom

    Phantom Well-Known Member

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    I can see why it's called the 'honey trap'. :p
     
  12. JDP1

    JDP1 Well-Known Member

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    Yep..just google it...it's been around for a while. Used in various scenarios is politics, espionage, stealing state secrets etc. Used a lot way back in the day during the cold war- the Russians used it well against the West.
     
  13. Azazel

    Azazel Well-Known Member

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  14. Azazel

    Azazel Well-Known Member

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    @JDP1 I'm looking forward to reading how you adapt the 'hornet's nest' strategy to a real estate scenario.
     
  15. Tonibell

    Tonibell Well-Known Member

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    @JDP1 This is sounding like the definition of a consultant as "Someone who knows a 100 ways to make love ...... but doesn't know any girls".

    You do have a heap of IPs in Brisbane ........ don't you ;)
     
  16. JDP1

    JDP1 Well-Known Member

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    Haha..no worries in either department.. Believe me..
    I think I told you at the last meet... I've got about 100k in equity and am on the market hunting for an Ip. Just getting frustrated that sydney investors are my main competition.
     
  17. JDP1

    JDP1 Well-Known Member

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    Hornets nest? Dunno..never heard of it..will do some research..
     
    Last edited: 11th Nov, 2015
  18. Tonibell

    Tonibell Well-Known Member

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    Just kidding - I know you are in there having a go.

    This thread just put an Adam Sandler quality in to the house search process.

    Maybe the Sydney investors' equity will shrivel up like a frightened tortoise.
     
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  19. Phantom

    Phantom Well-Known Member

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    Hornets Nest - you lure the competition into the dark garage of the property then beat them with so much bad information about the property it's like you 'stung' them into a daze....you then escort them outside into their car and tell them NEVER EVER LOOK FOR PROPERTIES IN THIS AREA AGAIN.

    That is the 'Hornets Nest'. :D
     
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  20. Azazel

    Azazel Well-Known Member

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    Sounds pretty good - but you could hire a bunch of pommie backpacker street spruikers to pummel them with the bad info.