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Wholesale Hotline | Brent Daniels

How To Talk Seller Finance On A Call (Live Call) | Subto Live Show

Wholesale Hotline | Brent Daniels

Wholesale Hotline

Investing, Business

4.9 β€’ 586 Ratings

πŸ—“οΈ 16 August 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

On today's Wholesale Hotline Podcast (Subto Live Edition), Pace Morby gets on the phone with a seller. A ton of lessons from this quick seller call -- listen in!

Today's episode is part of our Throwback Series where we re-air some of our most popular shows. This episode originally aired on 6/22/2023.

Show notes -- in this episode we'll cover:

  • Listen in as Pace maneuvers through this follow up seller call with this elderly couple nearing retirement and talk seller finance.
  • Initially, they were only interested in a cash deal. Most people would end there and call that lead dead.
  • Dig deeper, ask more questions, and learn how to talk seller finance from this live call.

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❎ I am not a CPA, attorney, insurance, contractor, lender, or financial advisor. The content in these videos shall not be construed as tax, legal, insurance, construction, engineering, health & safety, electrical, financial advice, or other and may be outdated or inaccurate; it is your responsibility to verify all information yourself. This is a Podcast for entertainment purposes ONLY ❎

Transcript

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0:00.0

You're listening to the sub two break house with Pace more beyond the wholesale hotline podcast.

0:11.0

Okay, we got Charles online, Pace on the line, and Charles, we're just going to talk

0:18.0

you a little bit about your property and ask you a few questions and I'll let pace lead the line.

0:22.6

Hey, Charles. How are you doing?

0:25.6

I'm fine. Thank you. And you?

0:27.6

I'm great. I heard you just got out of the hospital.

0:30.6

Yeah. You doing all right?

0:33.6

I'm fine.

0:34.6

Love it. So sounds like you've been talking to my friend here for quite a while.

0:40.3

Are you guys actually close to being ready to sell the house?

0:44.3

Pardon me?

0:46.3

Are you guys ready to sell the house?

0:48.3

Well, if the price is right, we are.

0:51.3

Perfect. What's the price?

0:53.3

225,000 oh sweet every time you

0:57.5

every time we talk to you the price goes up well that's what I told your

1:01.7

partner the last time I thought to him okay got it so 225 when's close of

1:08.7

escrow?

1:16.6

When do you want to close the transaction if we got you 225?

1:21.6

I'm sorry, I don't know. If you want to close extra?

1:23.6

What then?

1:24.6

Well, we got to get a runner out of there. Probably be 30 days. Why do we have to get to renter? Yeah, I agree. I agree with your wife. Why do you have to get the renter out there? What if we're buying it from you guys on seller finance? I'll just take over the renter. Oh, okay. Well, escrow closed in 10 days.

...

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