Assignment Or Double Escrow? -- Understand The Different Closing Methods Of Real Estate | TTP Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 25 November 2023
⏱️ 15 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline podcast (TTP Edition), Brent breaks down the difference between assignment, double escrow and a double close.
Key takeaways:
- What the different closing methods in real estate are and when to use each.
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☎️ Welcome to Wholesale Hotline & TTP Breakout🦏🍌! ☎️
Brent Daniels is a multi-million dollar wholesaler in Phoenix, Arizona… and the creator of “Talk To People” — a simple, low cost, and incredibly effective telephone marketing program...
Also known as “TTP”... it helps wholesalers do more, bigger, and more profitable deals by replacing traditional paid advertising (postcards, yellow letters, bandit signs, and PPC) with being proactive and taking action every single day!
Brent has personally coached over 1,000 wholesalers enrolled in his “Cold Calling Mastery” training, and helped 10,000’s of others who listen to him host the Wholesaling Inc. podcast, watch his YouTube channel, and attend his live events...
A natural leader, Brent combines his passion for helping others with his high energy, “don’t-wait-around-for-business” attitude to help you CRUSH your wholesaling goals as quickly and easily as possible!
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JOIN BRENT FOR THE LIVE SHOW EVERY WEDNESDAY AT 10:00 AM ARIZONA TIME: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
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💲 USE THIS LINK FOR DISCOUNTS AND FREEBIES TO USE IN YOUR BUSINESS: ttplinks.com 💲
Become a "TTP Insider" for exclusive tools and trainings (it's FREE to join)!: https://www.talktopeople.com/insider/
Want to work with me one-on-one? 📞 Book a call with my team!: https://www.talktopeople.com/coaching
Service for Distressed Property Lists and Property Valuations - “TTP Data!”: http://ttpdata.com/
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Brent Daniels's YouTube: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
‼️‼️Pro tip: Make a post with your market & what you need help with‼️‼️
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You are listening to another TTP breakout |
| 0:05.0 | with Brent Daniels on the Wholesale Hotline podcast. |
| 0:10.0 | Hey, it is Brent Daniels, Mr. TTP, and this is exciting |
| 0:18.0 | because we're talking about the three different ways |
| 0:20.0 | for you to sell your deals. And that is exciting because we're talking about the three different ways for you to sell your deals. |
| 0:22.6 | And that is exciting because you have a deal. |
| 0:25.6 | Of course you do. You're following this channel. |
| 0:27.6 | You're taking the instructions. You're taking action on these instructions. |
| 0:31.6 | And you're out there building a healthy pipeline of leads and they start popping one after another. |
| 0:36.6 | And it starts getting |
| 0:38.3 | exciting your momentum is start building like a train going down the tracks okay |
| 0:43.6 | so let's look at this let's look at what I broke down here this is going to be a |
| 0:46.7 | simple diagram but I'm gonna break down the difference between an assignment of a |
| 0:50.6 | deal a double escrow and a double close okay so it starts with the three parties. First, we have the distressed property owner, right? We've got a distressed property owner here. We've got powerful you. Look how powerful you are. That's because you take action. That's because you're being proactive. That's because you're not waiting around for business to fall into your lap. You're going out every single day and having |
| 1:11.5 | quality conversations with distressed property owners. Look at you. Look at your muscles. And then |
| 1:16.3 | you've got your cash buyers, right? These are the people that are going to end up buying your deals. |
| 1:22.2 | The three parties, very simple. Now, first, obviously, you go out there, you're having these |
| 1:26.6 | conversations, you build your lead pipeline, and you have a deal. |
| 1:30.3 | You work with this distressed property owner and you put together a purchase contract on their property. |
| 1:37.3 | Okay? So now you have the right to purchase their properties with the price and terms that you agreed on. |
| 1:48.5 | Yes! Now we're in the driver seat, baby. Now we're working it. Now we have the opportunity for so many different things. Listen, you could buy this and live in it. |
| 1:52.9 | You could buy this and flip it. You could buy this and |
... |
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