An Offer, But Also A Partnership
I like when my partners can make money, and I consider agents my partners. That’s why I put together this limited-time offer of an additional 2% buyer-paid commission plus the opportunity to re-list the house.
If you bring me an off-market deal you will earn at least 9.5% commission. The first 5% comes from the seller and I take care of the rest.
Though the numbers are pretty good, I’m also offering this promotion in order to build relationships with some of the hard-working, reliable and honest real estate professionals out there.
Note: the 2% bonus commission offer applies to off-market deals only.
“But Jake, I don’t want to double-end the deal”
If you are not comfortable double-ending, please refer me to an office-mate, your broker, or another agent you highly recommend who would love to get a referral from you. Everybody wins.
My Buying Criteria
I wish I could give a set list of criteria but the truth is there are too many variables involved in the decision. My professional training is real estate underwriting for small and large banks and that training taught me to look at each deal both objectively and subjectively.
I’m looking at much more than just the monetary ROI.
There’s also the ROT (return on time) and ROH™ (return on headache)! 😛
Bottom Line: Please send me any and all reasonable deals to review. I won’t buy everything so please do not take offense or be deterred if I say “no.” I promise I will not keep you waiting very long for answer.
Investing in real estate was really the only thing I wanted to do “when I grew up.” I attended Rich Dad, Poor Dad seminars in 2001 and went through Carlton Sheets DVDs multiple times while still in high school.
Not understanding how to execute a seller-financed deal led me to work in the mortgage business in 2003, and from 2011-2017 I was a commercial real estate underwriter. As an investor and finance professional I’ve been involved in thousands of transactions, switching to full-time investing in 2017. I also recently co-founded a marketing agency for real estate investors nationwide and studied Finance at SJSU.
San Jose is my adopted hometown where I live with my wife and two kids.
My philosophy in business and life is to treat others the way I want to be treated (heard that one before?). A relationship is more important than a deal. We work in a small community and my reputation is important to me. For that reason I make sure I do what I say I’m going to do and always operate with integrity.
I buy houses with my own cash in addition to working with multiple private capital partners, hard money lenders and investment partners. I’ve closed deals in as little as three days but the average is closer to seven.
Benefits to Seller
In our business (agents and investors) it’s sometimes difficult to differentiate ourselves. Yes, we can give great service and “go above and beyond” for our clients, but that’s what they’re hearing from everyone. Here are some ways I try to differentiate myself (which you can use when discussing me as a potential buyer):
I will help with (or pay for) moving logistics. Everything from renting a POD, finding reputable packers/movers, or coordinating an estate sale.
The seller can leave any and all unwanted items behind. This serves to lessen the stress of moving, which is never easy after living in one place for decades.
I won’t haggle over repairs, and most times I won’t require an inspection. If I do an inspection it’s so that I have a professional opinion on something like a foundation, not so that I use it for leverage.
I can close quickly and am flexible if they want to have more time to move out. Usually I try to offer the first month or two rent-free, but everything is negotiable and I am flexible.
If there is something else that the seller needs/wants to make the deal happen, I’m all ears.
I have seen the work of Skye Homes and it’s some of the best I’ve seen. Jake is methodical and asks the right questions when seeking the right house to flip. He doesn’t just take on any project, he’s meticulous with the numbers and makes sure it’s the right fit before diving right into it. -Joanne Mendoza, Berkshire Hathaway
I met Jake at an Open House a few months ago. I came to Jake with an off market property that needed some work one evening about 11:30 pm and he returned my call within 10 minutes. Long story short, it turned out to be one of the smoothest and fastest escrows I’ve been a part of. He was very responsive throughout the entire process and was a complete pleasure to work with. Without a doubt, if the opportunity presented itself again to do business with him, I will gladly take it. -Bobby Johnson, Century 21 M&MI met Jake Knight at one of my open houses in San Jose a few years ago. The words that come to mind to describe Jake are friendly, professional, hardworking and trustworthy. Jake’s greatest asset is his knowledge of the local market and his ability to clearly explain the complexities of his reasoning on variables such as timing, pricing and sale negotiation of off market deals. I look forward to working again with Jake in the future and he is on the top of my list for RE Investors. – Sandra Arellano, Coldwell Banker
Read more testimonials here…
Don’t Have a Deal?
Would an office mate benefit from knowing about this? Please share! I’m pretty sure he/she will be very appreciative of the extra money you helped them make! 🙂