Why I Hate Working With Developers
The speaker expresses frustration with working with developers, focusing on unfavorable deal terms. Specifically, they criticize developers for offering poor option agreements, including no upfront payment over a 12-month period.
Summary
In this brief transcript, the speaker opens with a direct expression of frustration toward developers, setting a critical and candid tone. The conversation quickly centers on the unfavorable business terms that developers typically offer, with the speaker and what appears to be an agreeing party highlighting how one-sided these arrangements can be. The specific example given involves a 12-month option period during which no money is provided — a term the speaker clearly finds unacceptable. The overall sentiment suggests the speaker has firsthand experience with these negotiations and views such terms as exploitative or deeply unfair to the other party in the deal.
About this episode
A lot of developers want the craziest deal terms imaginable 😂 “Give us a long option period, little to no money upfront, and let us control the property however we want.” This is why understanding negotiation leverage and structuring smart land deals matters so much in real estate investing. #landinvesting #realestate #entrepreneur 👉 Free 7-day land flipping challenge → https://landinvestor.co/7daychallenge/ 👉 Book a Land Insights demo and get 1,000 free seller leads → https://www.landinsights.co/ I’m Sumner Healey. • 700+ land deals flipped • Founder of Land Insights 👉 https://www.landinsights.co/ • Helped hundreds of investors through LIA & LIA 2.0 Business. Investing. Travel. Lifestyle. Building cool things. Documenting the process as we go.
Key Insights
- The speaker argues that developers consistently offer the worst possible terms in deals, framing it as a pattern rather than an isolated experience.
- The speaker criticizes a specific deal structure in which an option period lasts 12 months with no money paid upfront, describing it as 'horrible.'
- The conversation implies a shared frustration between the speaker and another party, suggesting these exploitative developer terms are a widely recognized problem in their industry.
Topics
Transcript
[0:00] I hate working with developers. >> And they want to give you the worst terms on earth. >> Exactly. That's why for 12 months, which is horrible. >> We give you no money for an option.
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