How To Explain A "Subject To" Offer To A Real Estate Agent | Flipping Mastery Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 15 October 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition), Jerry explains exactly how to communicate with a real estate agent regarding subject to.
Show notes -- in this episode we'll cover:
- How to explain sub to as an option to agents.
- How to structure a sub to to be a win-win-win for all parties.
- Jerry breaks down the numbers on a deal.
Please give us a rating and let us know how we are doing!
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
☎️ Welcome to Wholesale Hotline & Flipping Mastery Breakout! ☎️
Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
**NOTE: To Download any of Jerry's FREE training, tools, or resources…
Click on the link provided and enter your email. The download is automatically emailed to you. If you don’t see it, check your junk/spam folder, in case your email provider put it there. If you still don't see it, contact our support at: support@flippingmastery.com or 888) 958-3028.
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
💲 USE THIS LINK FOR DISCOUNTS AND FREEBIES TO USE IN YOUR BUSINESS: 💲
Make $10,000 Finding Deals:b https://flippingmastery.com/10kpod
Get 100% funding for your deals! https://flippingmastery.com/fspod
Mentoring Program: https://flippingmastery.com/ftpod
FREE 8 Week Training Program: https://flippingmastery.com/8wpod
Get Paid $8700 To Find Vacant Lots For Jerry: https://flippingmastery.com/lfpod
FREE 30 Day Quickstart Kit https://flippingmastery.com/qkpod
FREE Virtual Wholesaling Kit: https://flippingmastery.com/vfpod
FREE On-Market Deal Finder Tool: https://flippingmastery.com/dcpod
FREE Wholesaler Contracts: https://flippingmastery.com/wcpod
FREE Comp Tool: https://flippingmastery.com/compod
FREE Funding Kit: https://flippingmastery.com/fkpod
FREE Agent Offer Sheet & Scripts: https://flippingmastery.com/aspod
FREE Cash Buyer Scripts: https://flippingmastery.com/cbspod
FREE Best Selling Wholesaling Ebook: https://flippingmastery.com/ebookpod
FREE Best Selling Fix and Flip Ebook: https://flippingmastery.com/ebpod
FREE Rehab Checklist: https://flippingmastery.com/rehabpod
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🔌 PLUG IN & SUBSCRIBE 🔌
SUBSCRIBE: Jerry Norton and Flipping Mastery TV
FACEBOOK: http://www.Facebook.com/flippingmastery
INSTAGRAM: https://www.instagram.com/flippingmastery/
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖
🤝 #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 | Hey, it's Jerry Norton. Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:07.7 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:16.0 | I had a question that a realtor told me today and I was like, I'm not really sure how to answer that. |
| 0:23.5 | Okay. |
| 0:24.3 | She had told me that they have, that the guy wanted to sell, but she has a 5% commission. |
| 0:31.3 | And so she was worried that the price that I was, you know, giving her would be not enough for him to take after her commission. |
| 0:40.0 | So how do I make her happy, but also. |
| 0:43.7 | So you have to understand what that agent is telling you. |
| 0:46.0 | What that agent is saying is they're saying, look, your price you're offering after that |
| 0:51.7 | seller pays the existing loan. Right. There's not enough money left to pay my commission. |
| 0:58.9 | Okay, so when I hear that, that triggers for me a sub two conversation. |
| 1:03.9 | Okay. |
| 1:04.7 | Okay. |
| 1:05.2 | So now what you would say is you would say, hey, agent, there might be a way where I can |
| 1:10.3 | pay more than that cash offer I just gave you, |
| 1:13.6 | and it would cover your commissions and closing fees, and I could probably put a little money |
| 1:18.0 | in the seller's pocket. How does that sound? And the agent's going to go, well, how? I mean, |
| 1:22.8 | like it's sitting here, no one's offering on it. It's overpriced, your cash offers too low to pay all these |
| 1:28.9 | things, pay off the loan, give any money to the seller or pay my commissions or closing fees. |
| 1:33.3 | How? |
| 1:34.3 | Well, and that's your lead in now. |
| 1:36.6 | So what you would say is you'd say, look, if I could take over the seller's payments, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Wholesale Hotline, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Wholesale Hotline and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.