Saturday Quick Tip -- My Exact Process To Close Deals With Agents (Live Deal Breakdown) | Subto Show
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 6 July 2024
⏱️ 14 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition), Jerry Norton joins you to help you start your weekend the most productive way possible.
Show notes -- in these episodes we cover:
- Tips to level up your wholesaling business.
- Motivation to keep you going on your real estate journey.
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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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.
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‼️‼️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 Tiri Norton. 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. |
| 0:16.0 | Over the past 20 years as a full-time investor, I have now contracted thousands of distressed |
| 0:22.6 | on-market properties that were listed for sale with real estate agents. |
| 0:26.6 | And the process to make an offer and secure a contract with a real estate agent is much different |
| 0:30.6 | than direct-the-seller with off-market properties. |
| 0:33.6 | Now in this video, using a live call breakdown, you're going to look over my shoulder and watch me use my proven three-step process that I use with agents to secure deals that you can wholesale or flip for profit. |
| 0:46.3 | Now if you really want to learn the agent model well, be sure to check out my Watch Me wholesale show series where I choose a random market. |
| 0:53.3 | I find a distressed |
| 0:54.7 | on-market property for sale, I run the numbers, and then I call and make the offer all |
| 0:59.9 | in about 30 minutes or less. Now those videos will give you a really good perspective on what |
| 1:05.3 | the acquisition process looks like with agents. Now before we dive in, let me give you some |
| 1:09.8 | context to the deal I'm going to |
| 1:11.5 | use as our case study. This deal is in Metro Detroit, Michigan, and it's actually my son, Jonathan's |
| 1:16.4 | deal. Johnny found this deal using propwire.com, which is a free software that has over 157 million |
| 1:22.6 | properties nationwide. Johnny analyzed the deal and decided that 190,000 would be a good deal that he could wholesale. |
| 1:29.5 | It was listed for $230,000, so that was $40,000 less than list price. |
| 1:35.3 | Using my sniper method, he called the listing agent directly as an unrepresented cash buyer |
| 1:40.1 | and offered that listing agent to represent him as the buyer. That way the agent would get both |
| 1:45.7 | sides of the commission. We call this the double dip technique. Now since the agent is essentially |
| 1:50.5 | making double commission, he is highly motivated to work with Johnny and bring him future deals, |
| 1:55.9 | which is the whole point. By the way, to get my agent scripts for free, just go to agentofferscripts.com for the free download. |
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