5 • 831 Ratings
🗓️ 7 May 2025
⏱️ 16 minutes
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0:00.0 | If you want to learn why people are motivated to sell, right now we're going to go into the four reasons why sellers sell their properties. |
0:09.2 | The seller has to feel comfortable with you because he needs that money for the opportunity. Hello and welcome. My name is Gino Barbera, one of the co-founders of Jake and Gino. |
0:38.3 | And in this video, this lesson, we're going to be discussing the four reasons why people sell their multifamily property. |
0:46.3 | And I think a little bit deeper, I'm focused solely on multifamily. That's what Jake and I love. We've got over 1,800 units. |
0:54.7 | Our student base has got over 90,000 units. But when I really take a look, is it just multifamily |
1:01.7 | that you can apply this to? Or can it be applied to single family? Can it be applied to even a |
1:08.2 | business? So listen on. If you want to learn why people are motivated to sell. |
1:15.2 | Now, I got this acronym Plop from a gentleman named Byron Griffith. He's from GREA. GRE is Global |
1:23.8 | Real Estate Advisors. They're in Dallas. I was at an event, a Jake and Gino event, |
1:27.7 | a wheelbar profits event last month in Dallas, and he was presenting. And I thought it was very |
1:33.4 | interesting. Now, I knew intuitively why people sell real estate. I've been doing it long enough, |
1:39.1 | and I had an understanding. It really comes down to seller's motivation. |
1:45.4 | If a seller's not motivated, you're not going to get a deal. |
1:49.1 | That's the reality. |
1:50.6 | But you need to understand where that motivation comes from. |
1:53.9 | You need to understand the spy technique. |
1:56.0 | Go back into one of our how-to lessons. |
1:57.6 | I don't want to go over it now. |
1:58.7 | But the spy technique is a negotiation |
2:00.8 | technique that we created. It's seller, property, and then you, SPY. Looking at it from that |
2:07.3 | perspective, what's going on with the seller, understanding it. Right now, we're going to go into |
2:11.7 | the four reasons why sellers, seller properties. Plop, P-L-O-P. The first one is price. The next one is lifestyle. |
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