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

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


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


Starting Cards

3

1 1 3

Referral Dough:

2 $5,000 2 $10,000

1 $15,000 1 $25,000


Card Layout

Keep your handy!


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


All Players Place Dealt Cards

1 2 3 4 5

On Your Turn


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


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


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


Placing Property in Escrow You can open escrow by placing a

property on an open escrow card.


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.


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


Making a 1031 Exchange

Player 1

Player 2


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


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


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

Player 2


Referral Step 1: Agree, cont.

Player 1 has an open escrow with the property and agrees to accept a $15,000 referral fee

Player 1


Referral Step 2: Make Referral

Player 2 gives Player 1 the Property Card and the Referral Card.

Player 2

Player 1


Player 1 must immediately placethe referred property in escrow

The Referral Dough card is placed above the escrow as areminder

Referral Step 2: Make Referral, cont.

Player 1


Referral Step 3: Collect Dough

When Escrow is closed, the Dough is divided and the Referral Dough card is returned.

$15,000 $25,000

Player 2

Player 1


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


Closing Escrow

Collect enough cards

Turn cards in

Record Dough on Scorecard


The Real Estate Dough Scorecard


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


The Situation 4 Player Game

Player 1

Player 3

Player 2

Player 4

Starts


Player 1—DrawPlayer 1


Player 1 Play In Hand

Player 1


Player 1 Play, cont. To Be Traded

Player 1


Player 2’s CardsPlayer 2


Players Make a Trade

Player 1

Player 2


Player 1—Plays Traded CardPlayer 1


Player 2 must play traded cardPlayer 2


Player 1—Moves CardsPlayer 1


Player 1—Draws to FillPlayer 1


Player 2 PlaysPlayer 2


Player 2 Play In Hand

Player 2


Player 2 Play Can’t Trade

Player 2


Referral: Agree

2 Players agree on referral: which property and amount.Player 2

Player 1


Referral 2: Make Referral

Player 2 gives Player 1 the Property Card and a Referral Card.

Player 2

Player 1


Player 1—After ReferralPlayer 1


Deals Fall ThroughPlayer 3


Result of DFTPlayer 3

Have Fun! Make Dough!