New Formula To Instantly Calculate Your Wholesale Offer Price (NO COMPING NEEDED) | Flipping Mastery Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 4 February 2024
⏱️ 10 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition) Jerry breaks down how to calculate offers FAST.
Show notes -- in this episode we'll cover:
- Why you want to get as many offers in front of as many potential sellers as possible.
- Determining motivation first is critical.
- Jerry explains the rough formulas he uses.
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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. |
| 0:04.0 | 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. |
| 0:15.2 | In wholesale real estate, once you find a distressed property, the very next step is to analyze |
| 0:22.6 | the deal to determine your offer price. Now, if you think about it, you can't get a good deal |
| 0:27.7 | if you don't first make an offer and you can't make an offer unless you first have an offer |
| 0:32.3 | price. Now, the problem is calculating an accurate offer price is time consuming, so it limits the number of offers you can make. |
| 0:40.3 | Well, in this video, I'm going to reveal my new instant offer system that gets you an offer price on any deal in minutes. |
| 0:47.3 | Best of all, it doesn't require comping properties or estimating repairs, making it brain dead easy. |
| 0:53.3 | With wholesaling to really create momentum and consistently |
| 0:57.0 | do deals every month, you have to make a lot of offers. In fact, in my opinion, the most |
| 1:02.3 | important metric that you need to focus on is making five offers a day. If you make five offers a day |
| 1:08.4 | consistently, I promise you you'll start doing deals every month. |
| 1:12.7 | That means you need to get to an offer price |
| 1:14.5 | as quickly as possible. |
| 1:15.9 | If the deal analysis process is overly time consuming, |
| 1:19.1 | you'll never make enough offers to get enough deals. |
| 1:21.9 | And that's why I developed my new instant offer system. |
| 1:24.8 | It's a revolutionary new offer process |
| 1:26.7 | that me and my students are using |
| 1:28.0 | that has drastically reduced the time to calculate offers, which has allowed us to make significantly |
| 1:33.0 | more offers resulting in more deals. I actually made this offer system. I'll show you into a calculator |
... |
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