WIP 1042: Deal or No Deal - What to Offer on a Wholesale Deal in 2022
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 20 September 2022
⏱️ 10 minutes
🧾️ Download transcript
Summary
This year, the real estate market has dramatically shifted, and we’re officially entering a buyer's market! But what does that exactly mean for you as a wholesaler? It means now is the time to adjust your offer prices! When home prices are at all-time highs, it’s even more important for you to have a strategy for the offers you submit.
To get to the bottomline of that, listen to Brent Daniels as he shows you exactly how to calculate your offer prices, unlock your confidence, stay productive, and win in this business.
If you are ready to shift your gears and take massive action, apply to Brent’s TTP training program to receive the same systems and strategies for finding and closing deals. So you can be one step closer to financial freedom.
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Show notes:
- (0:43) Beginning of today’s episode
- (1:09) A "how-to" guide on adjusting your maximum allowable offer (MAO)
- (1:27) A quick and easy way to come up with your offer price.
- (2:57) Be productive, not busy.
- (3:07) On pre-qualifying property owners.
- (3:47) Go with certainty, go with confidence, and go with likability when giving offers to your sellers.
- (6:08) Brent gets into the nitty gritty of the numbers.
- (9:35) The key is to go out there and have quality conversations with distressed property owners.
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Resources:
- Want to learn more? Check out our TTP training program.
- • To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule here.
Go to Wholesalingincgroup.com to become part of one of the fastest growing Facebook communities in the Wholesaling space.
Get all of your burning Wholesaling questions answered, gain access to JV partnerships, and connect with other "success minded" Rhinos in the community.
It's 100% free to join. The opportunities in this community are endless, what are you waiting for?
Transcript
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| 0:00.0 | Don't do any research on any properties until you talk to the property owner. |
| 0:07.5 | I don't want you to be busy, I want you to be productive. |
| 0:11.2 | This is Game Changing Information, guaranteed to raise your real estate wholesaling business |
| 0:16.5 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:21.5 | and start making money today. |
| 0:24.0 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success |
| 0:29.5 | to enable you to duplicate their results. |
| 0:32.0 | You're listening to Whole Sailing Inc. |
| 0:34.5 | The only show dedicated to making you a fortune in whole sailing. |
| 0:40.5 | Hey, hey, it's always good. Come here, come here. |
| 0:43.0 | Sit down! You're done! |
| 0:45.5 | You had a nice run, it's been a nice few years, but guess what? |
| 0:49.0 | It is now officially a buyer's market, so all of the prices have to be adjusted. |
| 0:55.0 | I'm going to show you exactly how to come up with the perfect offer price in this new market. |
| 1:01.0 | Hey, my beautiful wholesalers, it is Brent Daniels, Mr. TTP, Mr. Talk to people. |
| 1:06.0 | And the market has shifted, so let's make some adjustments to our max allowable offer, the MAO. |
| 1:13.5 | If this is your first time hearing it, don't get caught up in all of the different acronyms. |
| 1:18.5 | Just let's just use plain language here, okay? |
| 1:21.5 | The first thing I'm going to do is I'm going to show you a really quick and easy way to come up with an offer price. |
| 1:26.5 | It's not going to be perfect, but it's going to get you in the ballpark. |
| 1:29.5 | And I think that that's what's really important, because we know that as we're getting started in this business, |
| 1:34.5 | the toughest part, the biggest challenge and hurdle that we face is, is this a deal or no deal? |
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