Wholesaling In 60 Seconds (Daily Wholesaling Lessons) -- Always Demand An Assignment Fee | Wholesaling Inc Breakout
Wholesale Hotline | Brent Daniels
Wholesale Hotline
4.9 • 586 Ratings
🗓️ 27 October 2019
⏱️ 2 minutes
🧾️ Download transcript
Summary
Wholesale Hotline Podcast (Wholesaling Inc Edition), present's Wholesaling in 60 Seconds. We are breaking down Brent Daniel's beginner's series into bite size chunks. This will be a 60 day challenge where we release one small wholesaling tidbit everyday. At the end, you should have everything you need to close your first deal.
Show notes -- in this episode we'll cover:
- Why you should always demand an assignment fee.
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☎️ Welcome to Wholesale Hotline & TTP Breakout🦏🍌! ☎️
Brent Daniels is a multi-million dollar wholesaler in Phoenix, Arizona… and the creator of “Talk To People” — a simple, low cost, and incredibly effective telephone marketing program...
Also known as “TTP”... it helps wholesalers do more, bigger, and more profitable deals by replacing traditional paid advertising (postcards, yellow letters, bandit signs, and PPC) with being proactive and taking action every single day!
Brent has personally coached over 1,000 wholesalers enrolled in his “Cold Calling Mastery” training, and helped 10,000’s of others who listen to him host the Wholesaling Inc. podcast, watch his YouTube channel, and attend his live events...
A natural leader, Brent combines his passion for helping others with his high energy, “don’t-wait-around-for-business” attitude to help you CRUSH your wholesaling goals as quickly and easily as possible!
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JOIN BRENT FOR THE LIVE SHOW EVERY WEDNESDAY AT 10:00 AM ARIZONA TIME: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
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💲 USE THIS LINK FOR DISCOUNTS AND FREEBIES TO USE IN YOUR BUSINESS: ttplinks.com 💲
Become a "TTP Insider" for exclusive tools and trainings (it's FREE to join)!: https://www.talktopeople.com/insider/
Want to work with me one-on-one? 📞 Book a call with my team!: https://www.talktopeople.com/coaching
Service for Distressed Property Lists and Property Valuations - “TTP Data!”: http://ttpdata.com/
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🔌 PLUG IN & SUBSCRIBE 🔌
🔸 Brent Daniels's YouTube: https://www.youtube.com/c/BrentDanielsRealEstateCoach/
🔹 Brent’s IG: https://www.instagram.com/brentdaniels_ttp/
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🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝
‼️‼️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 | Assign design, assignment fee, assignment agreement. |
| 0:04.0 | It's all built in there, right? |
| 0:06.0 | Have a really solid assignment agreement. |
| 0:09.0 | We have one, again, wholesaling,ink.com, you can download it, |
| 0:12.0 | take it to your title company, take it to your attorney, |
| 0:16.0 | and just make sure that it works for your state, and boom, |
| 0:20.0 | you've got something really solid. |
| 0:22.5 | There has to be some particular things in there. |
| 0:24.6 | Like number one, non-refundable earnest deposit of $5,000. |
| 0:30.1 | Let me seep this in to your subconscious |
| 0:33.3 | so you never accept or assign a deal, |
| 0:36.9 | accept an offer from a cash buyer |
| 0:38.7 | without receiving a $5,000 non-refundable earnest deposit. |
| 0:43.2 | Here's the rule. |
| 0:44.3 | If it's after lunch that you get that assignment agreement signed, |
| 0:48.6 | they have to lunch the next day to get it in. |
| 0:50.9 | If it's before lunch, they have till 5 p.m. today to deposit that $5,000 earnest deposit. |
| 0:57.4 | Because what people will do is they're like, I will take it, assign it to me. And then they don't |
| 1:01.9 | deposit anything. Now they have complete control over your transaction. They're probably |
| 1:07.8 | another wholesaler that's just trying to lock up your deal. You did all this front work. You spent all the money skip tracing and sending out postcards and doing your lead follow-up and doing your offer presentation. And then they just step in and they're like, yeah, cool, man, let me take that. And I'm going to just go over here and see if I can get this sold and make a couple bucks. |
| 1:27.5 | Please make sure 5,000 non-refundable. Do not budge on this. |
| 1:32.4 | Because why 5,000? Because it's enough to make them scared to lose it, |
... |
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