Saturday Quick Tip -- Exactly How To Wholesale 5 Deals A Month (The 5-5-5 Method Explained)
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 12 October 2024
⏱️ 15 minutes
🧾️ Download transcript
Summary
On today's Wholesale Hotline Podcast (Special Saturday Edition), we help you start your weekend right offering tips, news and mindset advice.
Show notes -- in these episodes we cover:
- Tips to level up your wholesaling business.
- Motivation to keep you going on your real estate journey.
- The latest industry news to keep you updated.
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. |
| 0:03.9 | 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. |
| 0:15.8 | Hey, it's Jerry Norton, and for 20 years now, I've been buying and wholesaling deals that came as a result of relationships with real estate agents. |
| 0:26.6 | Best of all, it's cost me zero in marketing dollars to work with agents. |
| 0:30.6 | I developed a unique system called the 555 method that I'm going to teach you. |
| 0:34.6 | And here's my big promise to you. |
| 0:36.6 | If you implement this 555 method, I'm going to outline for you here's my big promise to you if you implement this 555 method I'm going to outline for you it'll take you about two to |
| 0:41.3 | three hours a day if you're consistent but it will result in three to five |
| 0:46.7 | deals a month once you get it implemented and it's working effectively so let's |
| 0:51.6 | get started the first thing we're going gonna talk about is the sniper method. |
| 0:56.0 | Now the sniper method is where you're gonna contact |
| 0:59.0 | listed properties actively for sale |
| 1:02.5 | and you're gonna make an offer to that agent |
| 1:05.7 | on that property that's listed. |
| 1:07.1 | So it's a distressed property. |
| 1:08.8 | The seller hired a real estate agent to sell the property. |
| 1:11.2 | You're going to contact that agent about that specific listing. And these take about 15 minutes |
| 1:17.2 | to call the agent, talk about the property, and make a verbal offer. So we do this first verbal |
| 1:23.1 | and then we follow up in writing. Now, these conversations, the point is not to get the deal. |
| 1:31.3 | That would be a byproduct or that would be a super win if we did, which we do do that. I often |
| 1:36.6 | get deals from calling and making offers on actively listed properties. But the real benefit |
... |
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