12 Traps to Avoid of When Doing Agent Outreach | AstroFlipping Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 14 March 2023
⏱️ 16 minutes
🧾️ Download transcript
Summary
Jamil Damji is back for another edition of the Wholesale Hotline (AstroFlipping Edition) and he is dropping gold nuggets on today's pod. Today he'll discuss the 12 potential outcomes when reaching out to a real estate agent for lead generation, highlighting some agent traps and how to handle them. Guys, this episode will save you headache, time and make you money -- listen up!
Show notes:
- Some of the traps Jamil highlights includes being put on a drip campaign that does not meet your requirements, being sent non-refundable earnest money deals, and an agent wanting to tie selling you a property to a future listing.
- How to handle these traps, such as calling the agent back to reiterate your needs, negotiating payment with greedy agents, and seeking referrals if an agent cannot do dual agency.
- How to build real relationships with agents and how treating them with respect and professionalism will make you millions.
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☎️ Welcome to Wholesale Hotline & Astro Flipping breakout🚀👨🚀🚀👨🚀! ☎️
Jamil has been in real estate since 2002, since then he mastered the art of Wholesaling Real Estate. He successfully built KeyGlee, which is now a National Franchise with over 100+ employees, spanning 180 US markets.
Jamil also runs a mentorship called Astro Flipping where he mentors and educates hundreds of entrepreneurs on how they can be successful in their own Wholesaling business.
He is also the host/star of his own TV show on a nationwide television network, A&E. Triple Digit Flip showcases Jamil, his sister Rahima, best friend Pace, and their real estate agent Laura wholesaling and flipping houses all over Arizona.
Jamil is also the co-host of the fastest growing podcast on Wholesale Real estate called “Wholesale Hotline.” Additionally, he started his own podcast called “To the Moon” where he highlights student success. Above all things listed about Jamil, his mission in life is to impact as many lives as possible, and share the knowledge he has with those that have a desire to learn.
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🧑🚀 YouTube Channel: https://www.youtube.com/channel/UCDqJP0mZNOSR9JiIRE02NxQ
🧑🚀 Tune in to Wholesale Hotline live on my YouTube every Monday 5pm MST
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Jamil’s YouTube: https://www.youtube.com/c/JamilDamji/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You are listening to an astro-flipping breakout with me Jamil Damgey on the Wholesale Hotline podcast. |
| 0:08.0 | We want to know how we are doing, so give us a rating and leave us a review. |
| 0:13.0 | What's cracking? Jamil here, and let's just say that you've started agent outreach to do lead generation, |
| 0:18.0 | and now the responses are starting to come in and you are going |
| 0:22.1 | to find that one of these 12 things might happen. Okay, well first and foremost, let's start off |
| 0:27.3 | at the drip campaign. So you've reached out to a real estate agent and you've told them that you |
| 0:31.6 | are an investor looking for off-market opportunities that are in distress condition, original |
| 0:36.8 | condition or needing |
| 0:37.8 | a substantial amount of work. Great. But guess what? The agent didn't listen to you and they |
| 0:43.0 | just asked for your email address and now they've set you up on a drip campaign. That |
| 0:47.3 | means that they're emailing you on-market listed properties, which isn't a bad thing |
| 0:52.6 | because it'll show you if there's any good fixer |
| 0:54.7 | uppers on the MLS, but that's not what you asked for, right? |
| 0:57.8 | You asked for off-market, original condition, needing work properties that haven't been listed |
| 1:02.9 | yet or about to hit the market. |
| 1:05.4 | So they didn't listen to you and they set you up on a drip campaign. |
| 1:08.2 | This is a great opportunity for you to call that realtor back and let them know. |
| 1:13.1 | There must have been some miscommunication. |
| 1:15.1 | They didn't listen to what you were saying. |
| 1:16.8 | Obviously be kind about it. |
| 1:18.1 | Don't just say, you're dummy. |
| 1:19.6 | You don't listen to me. |
... |
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