The Ultimate Guide To Marketing For Real Estate Wholesalers (2024 Edition) | Flipping Mastery Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 17 December 2023
⏱️ 14 minutes
🧾️ Download transcript
Summary
Today on the Wholesale Hotline Podcast (Flipping Mastery Edition) Jerry breaks down all marketing channels for wholesaling in 2024.
Show notes -- in this episode we'll cover:
- Jerry explains at a high level how your business should work.
- Pros and cons of cheap leads.
- Inbound vs outbound marketing.
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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 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. |
| 0:17.6 | Real estate wholesalers live or die by their ability to generate motivated seller leads. |
| 0:23.5 | But deciding which marketing methods or channels to use can often be confusing and overwhelming. |
| 0:29.3 | Which method should I start with? |
| 0:31.2 | Should I use one or multiple channels? |
| 0:33.4 | How much should I budget? |
| 0:34.8 | What kind of return on investment can I expect? |
| 0:37.3 | How should I start if I have a limited budget or no budget? |
| 0:40.9 | Now, if you've ever asked those questions, you don't want to miss this. |
| 0:43.8 | There are 10 primary marketing channels for wholesalers. |
| 0:46.8 | I'm going to break them down for you by comparing the cost of the marketing method |
| 0:50.6 | to the quality or conversion of the leads that are generated. |
| 0:58.0 | In a nutshell, I'm going to show you everything you need to know about marketing for wholesalers, and be sure to stay at the end because I'm going to show you how to get my comprehensive |
| 1:02.0 | marketing guide for wholesalers for free. |
| 1:05.0 | Now before we break down the different marketing channels, let's first look at the bigger picture |
| 1:10.0 | about how a wholesale business operates. |
| 1:12.6 | At least the way my wholesale businesses operate as well as many of the top wholesalers in the country. |
| 1:17.6 | Like most businesses, a wholesale business operates like a funnel. |
| 1:21.6 | At the top are different marketing channels. |
| 1:23.6 | Like I said, there are 10. We'll get to those in a minute. |
| 1:25.6 | The goal is to generate leads. A lead is defined as a potentially distressed seller. For example, a home in pre-foreclosure, an inherited home, an absentee owner, and so on. The next step is to convert a certain number of leads into what we call opportunities. An opportunity is simply someone who raises their hand and says |
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