How To Not Be A "Douchey" Wholesaler -- Avoid This | Flipping Mastery Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 22 September 2024
⏱️ 13 minutes
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Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition), Jerry breaks down the new real estate method his team has been going all in on.
Show notes -- in this episode we'll cover:
- What exactly Jerry has been doing and why it's so effective.
- Complete breakdown of the "takedown method".
- Why Jerry feels like this is a powerful tool to add to your toolbox and why now is the time to learn it.
Please give us a rating and let us know how we are doing!
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☎️ 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.
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Hey, it's Jerry Norton. |
| 0:04.2 | Welcome to the Wholesale Hotline podcast and the Flipping Mastery Breakout. |
| 0:08.0 | We want to know how we're doing, so please leave a comment and give us a rating. |
| 0:17.8 | Following a strategy I teach called the Take Down Method, I bought a property that I'm reselling on the |
| 0:22.9 | MLS so I'm the seller and I priced it for a retail buyer not a wholesaler but I keep getting |
| 0:29.7 | offers from douchy wholesalers which is so frustrating so I'm going to explain what it means to be |
| 0:36.0 | a douchy wholesaler and how to actually be a legit |
| 0:39.4 | wholesaler. Here's a text that just got out of the blue. I would like to make an offer for |
| 0:44.0 | $140,000 on 123 Main Street. Not a name, not a phone call, just a random text for a full |
| 0:51.3 | price cash offer. Now instantly I suspected this was a douchey wholesaler |
| 0:55.4 | because one a retail buyer or agent wouldn't blindly text a full price offer on a |
| 1:00.7 | listed property and two 140,000 like I said is a retail price and way too high for a |
| 1:07.4 | legit wholesaler. Only a douchey wholesaler would blindly text an overpriced offer, |
| 1:12.4 | but here's how I confirmed it was a dushi wholesaler. I texted back. Have you seen it? |
| 1:18.1 | Now to me, this is not a hard question. You either have gone to see the property or you haven't |
| 1:23.1 | gone to see the property. By the way, I make a lot of sight unseen offers. That's not the issue, |
| 1:28.1 | but not overpriced site unseen offers. So here was his response to my question, if he's seen it or not. |
| 1:34.6 | Yes, through pictures. Now I know it's a dushy wholesaler because only a duchy wholesaler would |
| 1:39.9 | answer like that. Oh yeah, you've seen it vicariously through the pictures. That makes me feel |
| 1:44.6 | better. Look, if someone ask you if you've seen the property and you haven't, the non-dushy |
| 1:49.7 | answer is, no, I haven't physically seen the property. I'm solely basing my offer off of the |
| 1:54.9 | pictures and the listing. A legit wholesaler would then add, is there something else going on with |
... |
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