How to Play Real Estate Dough™ Negotiate Your Way to More Dough!

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Presentation transcript:

How to Play Real Estate Dough™ Negotiate Your Way to More Dough!

© 2007 Bernice L. Ross | All rights in media reserved 2 Object of the Game  To make Real Estate Dough™  You make Dough when you close escrow on a property  Different properties generate different amounts of Dough

© 2007 Bernice L. Ross | All rights in media reserved 3 Property Card # of cards in deck # of cards to collect to earn specified amount of Dough 168 property cards in the deck 12 categories of property

© 2007 Bernice L. Ross | All rights in media reserved 4 Starting Cards Referral Dough: 2 $5,0002 $10,000 1 $15,0001 $25,000

© 2007 Bernice L. Ross | All rights in media reserved 5 Card Layout Keep your handy!

© 2007 Bernice L. Ross | All rights in media reserved 6 Starting Play  Choose a dealer and scorekeeper  Determine rounds to be played (5 – 10)  5 cards dealt to every player  Play starts to left of dealer  Play goes clockwise

© 2007 Bernice L. Ross | All rights in media reserved 7 All Players Place Dealt Cards 12345

On Your Turn

© 2007 Bernice L. Ross | All rights in media reserved 9 Cards in Your Hand  Must have property cards on Right Now Dough and Possible Dough  If not, move cards from Future Dough (in order)  If no Future Dough properties, draw cards

© 2007 Bernice L. Ross | All rights in media reserved 10 Playing Cards  Begin turn by drawing two cards  Must play 3 cards  2 cards drawn  Card on Right Now Dough  May play card on Possible Dough

© 2007 Bernice L. Ross | All rights in media reserved 11 How to Play Cards  3 Choices:  Place “property” in escrow  Do a 1031 Exchange with another player or players  Offer the property for a referral  Once a property is in escrow, it may not be traded or referred

© 2007 Bernice L. Ross | All rights in media reserved 12 Placing Property in Escrow  You can open escrow by placing a property on an open escrow card.

© 2007 Bernice L. Ross | All rights in media reserved 13 Placing Property in Escrow  You can open escrow by placing a property on an open escrow card.  You can also add a card to an already open escrow of the same property.

© 2007 Bernice L. Ross | All rights in media reserved 14 Doing a 1031 Exchange  An exchange involves 2 or more players  The active player must be involved  To begin, a player wanting to make an exchange makes an offer to another player

© 2007 Bernice L. Ross | All rights in media reserved 15 Making a 1031 Exchange

© 2007 Bernice L. Ross | All rights in media reserved 16 After a 1031 Exchange  All players who have received cards must place them in escrow  They may not be placed in the player’s hand  An escrow must be open or available  If an escrow is not open or available, the player must close escrow or have a deal fall through in order to clear an escrow card

© 2007 Bernice L. Ross | All rights in media reserved 17 Offering a Referral  Referrals can be offered at any time by the active player.  They are usually offered:  When an escrow is not available and  When no player wants to do a 1031 Exchange  A player must have a referral card to do a referral

© 2007 Bernice L. Ross | All rights in media reserved 18  Player 2 has drawn a property card  Can’t open escrow (without a deal falling through)  Can’t do a 1031 exchange. Referral Step 1: Agree

© 2007 Bernice L. Ross | All rights in media reserved 19 Referral Step 1: Agree, cont.  Player 1 has an open escrow with the property and agrees to accept a $15,000 referral fee

© 2007 Bernice L. Ross | All rights in media reserved 20 Referral Step 2: Make Referral Player 2 gives Player 1 the Property Card and the Referral Card.

© 2007 Bernice L. Ross | All rights in media reserved 21  Player 1 must immediately place the referred property in escrow  The Referral Dough card is placed above the escrow as a reminder Referral Step 2: Make Referral, cont.

© 2007 Bernice L. Ross | All rights in media reserved 22 Referral Step 3: Collect Dough When Escrow is closed, the Dough is divided and the Referral Dough card is returned. $15,000$25,000

© 2007 Bernice L. Ross | All rights in media reserved 23 Completing a Turn  When all three cards have been played, the turn is complete  At the end of the turn, the player  Moves all cards in their hand to the left  Draws additional cards to fill in the hand  Play passes to the left

© 2007 Bernice L. Ross | All rights in media reserved 24 Closing Escrow  Collect enough cards  Turn cards in  Record Dough on Scorecard

© 2007 Bernice L. Ross | All rights in media reserved 25 The Real Estate Dough Scorecard

© 2007 Bernice L. Ross | All rights in media reserved 26 Getting Dough  When you close escrow, the amount you earn is recorded on the Scorecard  Record the Round and Dough earned  Remember—if you have a referral on that escrow, you need to split the Dough

Real Estate Dough Strategy

© 2007 Bernice L. Ross | All rights in media reserved 28 The Situation  4 Player Game Starts

© 2007 Bernice L. Ross | All rights in media reserved 29 Player 1—Draw

© 2007 Bernice L. Ross | All rights in media reserved 30 Player 1 Play In Hand

© 2007 Bernice L. Ross | All rights in media reserved 31 Player 1 Play, cont. To Be Traded

© 2007 Bernice L. Ross | All rights in media reserved 32 Player 2’s Cards

© 2007 Bernice L. Ross | All rights in media reserved 33 Players Make a Trade

© 2007 Bernice L. Ross | All rights in media reserved 34 Player 1—Plays Traded Card

© 2007 Bernice L. Ross | All rights in media reserved 35 Player 2 must play traded card

© 2007 Bernice L. Ross | All rights in media reserved 36 Player 1—Moves Cards

© 2007 Bernice L. Ross | All rights in media reserved 37 Player 1—Draws to Fill

© 2007 Bernice L. Ross | All rights in media reserved 38 Player 2 Plays

© 2007 Bernice L. Ross | All rights in media reserved 39 Player 2 Play In Hand

© 2007 Bernice L. Ross | All rights in media reserved 40 Player 2 Play Can’t Trade

© 2007 Bernice L. Ross | All rights in media reserved 41 Referral: Agree 2 Players agree on referral: which property and amount.

© 2007 Bernice L. Ross | All rights in media reserved 42 Referral 2: Make Referral Player 2 gives Player 1 the Property Card and a Referral Card.

© 2007 Bernice L. Ross | All rights in media reserved 43 Player 1—After Referral

© 2007 Bernice L. Ross | All rights in media reserved 44 Deals Fall Through

© 2007 Bernice L. Ross | All rights in media reserved 45 Result of DFT

Have Fun! Make Dough!