Hexagonal God

Chapter 37 Real Estate Developer
On the second floor of the hot pot restaurant, Su Mo met the developer of Poly Community.

Zhou Xiwen, 45 years old this year, is a middle-aged man who looks somewhat elegant.

After seeing Su Mo, Zhou Xiwen took the initiative to come over and shake hands.

"When I heard Zhenwu say that the person who bought his store was an 18-year-old, I couldn't believe it. But when I saw the young man today, I realized how old I am."

"Mr. Zhou is in his prime, successful and famous. If you talk about old age, many men will not survive."

Su Mo didn't know what was wrong with him. In such an occasion, he just started to talk about business flattery.

It might be the inertia from the previous life that sometimes makes him not act like an eighteen-year-old boy.

After all, it is actually quite difficult to flatter each other in business. If you want to do it skillfully and without embarrassment, it requires a long period of social training.

Sure enough, Zhou Xiwen's eyes lit up slightly, and he thought Su Mo was a good person.

At first he thought he was a rich second-generation rich kid, but now it seems that's not entirely the case.

This also made him more interested in what Su Mo wanted to do with him.

Zhou Zhenwu invited the two people to sit down and asked the waiter to serve the food.

They both knew why Su Mo was looking for Gao Xiwen.

Zhou Xiwen is a developer, and the only thing you need to do when you go to him is to buy a house.

Gao Xiwen spent 300 million yuan to develop Poly International Community and is now in the stage of recovering funds.

The residential properties are selling well, and the commercial and service properties on other sides are also selling well, but the property near Tianchen Road is not selling at all.

This is directly related to the time when he developed the house. When his house was built, Rongwai had not yet moved here. This road had almost no popularity, so the house naturally could not be sold.

This is how some business atmospheres are often formed. Even though there was news about Rongwai later, those who were interested immediately backed off when they saw that the road was as deserted as a ghost street.

After several waves of people left, a vicious cycle was formed, which led to the sale of Zhou Zhenwu's Rongcheng Hotpot, a restaurant with an excellent location. This shows how bad the business atmosphere here is.

Just as Su Mo said, no one can guarantee that the business here will be booming after Rongwai moves in. After all, there are already many schools nearby, and this road has not become popular.

Zhou Xiwen was also very worried about the store here. He wanted to sell it but no one was willing to buy it.

Originally, he didn't need to be anxious, but during this period, he was developing another plot of land and was in urgent need of funds. Several million would be of great use to him right now, otherwise he wouldn't have come when he heard Zhou Zhenwu say that an eighteen-year-old boy wanted to see him.

I hope this big boy won’t let me down. He should at least buy three or five shops with me after seeing me once.

Zhou Xiwen was thinking in his mind, but didn't show it on his face, and asked Zhou Zhenwu to serve some wine.

"Don't bring out those wines in your store that are only for amateurs. Su Mo will be the owner of this store from now on. Let him see your collection."

"Don't worry, uncle, everything is ready."

Zhou Zhenwu called the waiter and directly brought two bottles of Moutai World Expo commemorative wine.

This is a wine launched by Moutai Group during the 10 Shanghai World Expo. The quantity was not large, but it became more and more expensive later on.

"Little brother, let's not have red wine today. Men should drink white wine. Is that okay with you?"

Su Mo smiled and nodded: "Okay, but tell the waiter to turn up the air conditioning, otherwise we will have to take a sauna here with the hot pot and white wine."

"Haha, I know, but if you're interested, Su Mo, let's go to a real steaming place later. I know a good place."

"Ahem! Let's have a drink to celebrate our first meeting with Brother Su."

Zhou Xiwen interrupted Zhou Zhenwu and picked up the wine glass.

Zhou Zhenwu also realized that it was inappropriate to say these things in front of his uncle, and raised his wine glass with a little embarrassment.

After taking a sip of white wine, a few people started eating and chatting.

Su Mo didn't talk too much about irrelevant topics and quickly got to the point.

"I invited Mr. Zhou here today mainly to discuss your business at the Tianchen Road store."

Zhou Xiwen also put down his glass: "I wonder how many stores Brother Su wants to buy?" Su Mo asked: "How much is the current selling price? How many are there in total?"

"There are a total of 65 stores on this side of Tianchen Road. Five have been sold, and I still have 60 units. The average selling price is 12,000 yuan per square meter."

Zhou Xiwen knew everything like the back of his hand. His face was calm, but he was extremely excited inside.

This kid must have someone behind the scenes who wants to buy out all his stores? That's great.

Su Mo smiled and said, "Can I get a discount?"

"We can talk."

Zhou Xiwen spoke slowly, preparing for a tug-of-war with Su Mo.

Unexpectedly, Su Mo went straight to the point and directly quoted a price.

"The current market price of retail stores here is 10,000 to 12,000 yuan per square meter, but the transaction volume is extremely low. I won't calculate your profit, Boss Zhou. I'll just give you 11,000 yuan per square meter and buy all your stores. Is that okay with you?"

"Really?" Zhou Xiwen, who had been in the martial arts world for many years, was also shocked at this moment.

In fact, the lowest price he could accept was 9,500 yuan per square meter. If it was lower than this, he would rather wait and see the situation after Rongwai started school.

I didn’t expect Su Mo to directly offer a price that exceeded the reserve price. This was such a surprise.

Su Mo nodded and continued, "Of course it's true, but there are conditions. That is to get a bank loan. I will take part of the down payment, and the rest will be paid in installments in my name. However, Boss Zhou needs to negotiate with the bank. After all, I am from another place and I am unfamiliar with the place, so it is not so convenient to get things done here."

Su Mo also knew that for such a large-scale purchase, 11,000 yuan per square meter was a little bit high.

But this is only limited to this period of time. In another week, the situation may be different because there will be other people who are willing to take the risk.

So he would rather offer a higher price to avoid a lot of trouble.

Sure enough, Zhou Xiwen agreed to this condition after a little thought.

But he still did some careful calculations: "Brother Su, these are sixty storefronts. The larger ones are nearly three hundred square meters, and the smaller ones are over eighty square meters. The total area is over ten thousand square meters. The total cost is over one hundred million. The down payment is at least thirty million, assuming a 30% down payment."

Su Mo thought for a moment and asked, "How long will it take to communicate with the bank?"

Zhou Xiwen was very confident about this: "It's not a big problem. After all, I've been in the real estate business in Chengdu for many years, so I do have some connections. As long as you can come up with the down payment and have a house as collateral, I'll give the bank a heads-up and the bank's paperwork will be completed in about ten days. After all, there are so many houses, and it takes time to sign each one. Of course, it may take about twenty days for the loan to be released, and you'll need to come over in the middle to help with the paperwork and signatures."

As he spoke, he also talked about something about the bank contract.

For such matters, he would go directly to the branch leader, who would then delegate a branch to do the job, including branch qualification verification, property rights confirmation, and risk assessment. The credit officer would then verify whether the collateral was sufficient, and then report to the branch leader for approval.

Because the amount involved is over 100 million yuan, the branch must report to the branch after approval.

After the branch approval is completed, the sub-branch will start to prepare the contract, various investigation reports, property rights details, and risk reports.

Printing of lender ID, recording of audio and video materials, and various signatures.

During this process, if there is no instruction from above, some gray transactions may be involved, but if it is delegated from above, it can basically be avoided.

Ten days is already very fast, normally it would take several months.

It can be seen that Zhou Xiwen often deals with banks and has rich knowledge in this area, which is what Su Mo lacks now, so he needs someone like Zhou Xiwen to do this.

After listening to Zhou Xiwen, Su Mo smiled and said, "Brother Zhou, you trust me so much, aren't you afraid of losing money?"

Zhou Xiwen laughed heartily. "That's not the case. After all, I've been in this business for so many years, I wouldn't do anything that would lose money easily. As long as you can come up with the down payment, the rest is between me and the bank. Even if you can't pay it back later, the bank will still be at a loss. After that, the bank freezes the property and auctions it off through legal means. I have a way to buy the house back, but of course that depends on the market conditions."

Su Mo smiled and took out his phone: "That's settled then. I'll leave everything to Brother Zhou. I'll transfer you 200,000 yuan first as tea money when I do the work. Otherwise, I can't let you pay for some miscellaneous expenses out of your own pocket."

Zhou Xiwen was polite and asked Zhou Zhenwu to give Su Mo his bank card number.

After the two hundred thousand arrived, he finally put his mind at ease.

Even if the loan fails, he will not lose money, and he can be sure of one thing: Su Mo is not a liar.

He casually paid out 200,000 yuan for errands as if it were 20 yuan. It seemed that Su Mo's wealth, or the wealth of the person behind him, was definitely very substantial.

(End of this chapter)