Becoming a Russian Oligarch After Rebirth
Chapter 947 - 874: Poaching in Person (Happy New Year’s Eve)

Chapter 947: Chapter 874: Poaching in Person (Happy New Year’s Eve)

"Surname Wang."

Wang Ye said with a smile as he shook hands.

"Mr. Wang, nice to meet you, just call me Lao Wu. I heard from Xiao Hu that you want to buy a building, and you’re specifically looking for Building No. 7?"

Deputy Manager Wu sat across from Wang Ye, eager to ask.

Wang Ye nodded and replied straightforwardly, "Yes, if the price is right, I plan to buy Building No. 7 outright."

These days, there were no restrictions on purchasing property; as long as you had the money, you could buy whatever you wanted!

Even in the capital, there were policies introduced that included household registration with the purchase of a property.

Unfortunately, despite such favorable policies, there were still not many people buying properties...

Deputy Manager Wu maintained a normal expression, but his chest was heaving slightly, showing a bit of excitement.

This real estate project had a total of just eight buildings. If they could sell an entire building at once, it would be a major transaction, a big deal!

He hurriedly said, "The price is negotiable. For a wholesale purchase of an entire building like this, we can offer a corresponding discount. However, Mr. Wang, do you have a familiar bank that can ensure you get a loan?"

This question was very important!

In his view, maybe this young man was representing some property speculation group to make the purchase.

Speculation groups were best at using the least amount of capital to leverage the biggest real estate projects, only investing a small part of their own funds and relying on bank loans for the majority.

The relationship with the bank was then quite significant.

If you want a loan, you need to have the appropriate collateral. Ordinary buyers would use the property they are purchasing as collateral.

They pay a down payment of 20 to 30 percent, and the rest is loaned from the bank, but the bank requires proof of financial flow or salary to feel secure in granting the loan.

But it’s different for speculation groups.

Since most of these people don’t have a stable job, it’s challenging to provide any repayment guarantees.

So, they find various connections, negotiate with familiar banks, and try to get as much of a loan as possible with as little guarantee as possible, or even none at all.

Ordinary buyers might only get a loan for 70% of the property price, paying part of the rest themselves with developers covering another part—a common tactic at the time.

However, developers were not willing to cover the difference for speculation groups. They had to negotiate with the banks themselves.

......

Wang Ye smiled, "No need, I’m paying in full."

Deputy Manager Wu’s hand shook, taken aback.

Full payment!

Coming up with over fifty million in cash at once?!

Honestly speaking, in his real estate career, he had encountered wealthy buyers like this before, but those were mostly for one or two properties at most.

To buy an entire building in one go and with full payment was a first for him!

Swallowing, Deputy Manager Wu said awkwardly with a laugh, "Well... it seems I have underestimated Mr. Wang’s capacity! As for the price, what does Mr. Wang have in mind?"

Wang Ye, not in the mood to haggle, extended a hand, "Fifty million, take it or leave it!"

Deputy Manager Wu was thrilled and surprised, because fifty million was practically the retail price!

Selling one unit at a time, based on the current market price, the total sale of Building No. 7 would just exceed fifty million.

Now, with a one-time offer of fifty million for an entire building, the developer had made a fortune!

But Wang Ye hadn’t finished speaking.

Wang Ye continued, "However, you’ll have to take care of the full interior decoration and furnish it with a complete set of furniture and appliances. The standard doesn’t have to be too high, just do it like the show unit I guess."

Deputy Manager Wu’s face fell immediately; he had celebrated too soon...

Frowning, he pondered for a long while, calculating whether this deal would be feasible.

Because what they were selling was a ’rough room’, if they indeed had to furnish it to the show unit’s standard with full decoration and all furniture and appliances, that would basically give a discount of a thousand per square meter!

Of course, if the developers were to handle the decoration and bulk purchase of furniture and appliances, the actual cost might be much lower.

But no matter how you looked at it, the cost of the decoration and the furniture and appliances would still be about five to six hundred per square meter...

Calculated that way, the cost of decorating the entire building was substantial!

......

Yet, Deputy Manager Wu was certainly not willing to let go of this deal just because of that!

Are you kidding? Having finally encountered a wealthy buyer who would buy an entire building in one stroke, it would be a huge loss to miss an opportunity like this with no guarantee of another in the future.

After some thought, he suddenly smiled and said, "I’m sorry, Mr. Wang, I need to make a call and report to the company headquarters. This price is outside my authorization, and I need to ask for instructions from the leadership."

Wang Ye nodded, expressing understanding.

Deputy Manager Wu stood up swiftly and rushed to the office, leaving Hu Yueyue to accompany Wang Ye.

At this point, Hu Yueyue realized that this young man, who seemed to be around her age, was actually a big boss!

She sat opposite Wang Ye, a bit restrained, clasping her hands together, wanting to say something but not knowing what topic to broach.

In the end, she could only look at Wang Ye and give an awkward smile.

Wang Ye asked her casually, "Manager Hu, where are you from?"

He wasn’t just making conversation. From talking with her earlier, he detected a hint of a Zhongyuan accent, though he wasn’t sure.

"Ah... I’m from Zhongyuan," Hu Yueyue responded promptly.

As Wang Ye had suspected, Hu Yueyue was indeed a fellow local!

He laughed, "Haha, what a coincidence, I’m also from Zhongyuan. We’re fellow townspeople."