Should You Tell Real Estate Agents You’re a Wholesaler? | AstroFlipping Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 15 August 2023
⏱️ 20 minutes
🧾️ Download transcript
Summary
Today on Wholesale Hotline (AstroFlipping Edition), Jamil Damji answers caller's questions live.
Show notes -- in this episode we'll cover:
- Should You Tell Real Estate Agents You’re a Wholesaler
- What To Expect When Building A Team
- How To Win Despite Of Cancellations And Rejections
- How Millionaires View Partnership In Business
- How To Achieve Balance Between Work And Family
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☎️ Welcome to Wholesale Hotline & Astro Flipping breakout🚀👨🚀🚀👨🚀! ☎️
Jamil has been in real estate since 2002, since then he mastered the art of Wholesaling Real Estate. He successfully built KeyGlee, which is now a National Franchise with over 100+ employees, spanning 180 US markets.
Jamil also runs a mentorship called Astro Flipping where he mentors and educates hundreds of entrepreneurs on how they can be successful in their own Wholesaling business.
He is also the host/star of his own TV show on a nationwide television network, A&E. Triple Digit Flip showcases Jamil, his sister Rahima, best friend Pace, and their real estate agent Laura wholesaling and flipping houses all over Arizona.
Jamil is also the co-host of the fastest growing podcast on Wholesale Real estate called “Wholesale Hotline.” Additionally, he started his own podcast called “To the Moon” where he highlights student success. Above all things listed about Jamil, his mission in life is to impact as many lives as possible, and share the knowledge he has with those that have a desire to learn.
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🚀 Learn from Jamil 🚀
🧑🚀 IG: https://www.instagram.com/jdamji/
🧑🚀 Facebook: https://www.facebook.com/jamil.damji
🧑🚀 Dive into Jamil's Mentorship: https://go.astroflipping.com/1-case-study?utm_source=youtube&utm_medium=organic
🧑🚀 Book a call with my Astro team: https://go.astroflipping.com/schedule?utm_source=youtube&utm_medium=organic
🧑🚀 YouTube Channel: https://www.youtube.com/channel/UCDqJP0mZNOSR9JiIRE02NxQ
🧑🚀 Tune in to Wholesale Hotline live on my YouTube every Monday 5pm MST
🧑🚀 My AWESOME Dispo Company: https://www.keyglee.com/
🧑🚀 JOIN KEYGLEE FRANCHISE: https://my.keygleefranchise.com
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Jamil’s YouTube: https://www.youtube.com/c/JamilDamji/
🔹 Jamil’s IG: https://www.instagram.com/jdamji/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You are listening to an astro-flipping breakout with me Jamil Damgey on the Wholesale Hotline podcast. |
| 0:08.0 | We want to know how we are doing, so give us a rating and leave us a review. |
| 0:13.0 | Realtors have a lot of preconceived ideas about wholesaling. Some of those ideas are based on past experiences, false narratives, the media, and even hearsay. |
| 0:22.7 | However, when you're able to articulate |
| 0:24.8 | what our model really is, the legalities and the use cases, |
| 0:29.0 | you equip yourself and a realtor that you're working with |
| 0:32.6 | with a powerful strategy to sell any of their outdated, |
| 0:36.3 | distressed, or situationally complex properties. |
| 0:39.3 | Now you really want to make sure you get this explanation correct, because doing it incorrectly |
| 0:43.8 | can really hurt your chances of forming a relationship. |
| 0:46.8 | And in turn, this could cost you millions of dollars in missed deals and opportunities. |
| 0:50.8 | So you're out there prospecting for leads. |
| 0:53.3 | You've decided to try working |
| 0:54.6 | with real estate agents to get your hands on some potential fixer upper properties. Your |
| 0:58.4 | conversations are going really well and then all of a sudden a real estate agent you're |
| 1:02.6 | talking to asks, are you a wholesaler? You're not sure why, but all of a sudden you're |
| 1:07.6 | feeling pressure, stumbling over your words and guess what happens? You lie. Who? Me? |
| 1:14.2 | No, what do you mean? Okay, yeah, you've been there before, right? Well, this is where it all goes |
| 1:20.1 | wrong. First and foremost, stop being ashamed of wholesaling. Wholesaling is a legitimate strategy |
| 1:25.9 | used by large institutional buyers, publicly traded companies, and yes, some brand new real estate investors. |
| 1:33.3 | It's really important to understand that wholesaling is an exit strategy. |
| 1:37.3 | Many investors keep wholesale in their tool belts to fund or partially fund their purchases or to pass off projects when better opportunities |
... |
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