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Wholesaling Inc with Brent Daniels

WIP 1102: 5 Minute Fire - How to Respond to Sellers Who Want Retail for Their Homes

Wholesaling Inc with Brent Daniels

Find distressed properties for pennies on the dollar and turn them for huge profits!

News, Wholesaling, Education, Houses, Make Money, Business News, Real Estate Agent, Business, Real Estate, How To, Cash Buyers, Entrepreneurship, Wholesale Houses, Entrepreneur

4.91.4K Ratings

🗓️ 13 December 2022

⏱️ 6 minutes

🧾️ Download transcript

Summary

Do you ever get that rush every time you call a property owner, and they're motivated? For whatever reason, they want to sell their property and are ready to move out. It's every wholesaler's dream and it happens way more than you think! Amazing right?

You begin to get excited, but when they tell you that they want the full retail price, things start to go off the rails.

Does that sound familiar to you?

Don't worry because we invited Ryan Thorton (Brent's acquisition manager) on the show to discuss creative ways to help you and the seller understand what the actual value of a property is...and the value that YOU bring to the table as a wholesaler. Want to learn more? Make sure to give Brent's TTP training program a visit and start your success story right now!

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Show notes:

  • (0:48) Beginning of today's episode
  • (1:22) How to overcome objections and communicate effectively with the seller
  • (2:32) Why ask sellers how much research they have done?
  • (2:50) Everybody wants retail, but not everybody understands what retail means
  • (4:03) Always pre-qualify your leads
  • (4:28) Understanding retail and market value
  • (4:46) What does it mean to comp a house?

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Resources:

  • Zillow
  • 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 your no-obligation discovery call here to learn more about becoming a tribe member and working with Brent Daniels personally.

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

Click on a timestamp to play from that location

0:00.0

You're listening to the whole selling ink episode number 1100 and two.

0:04.3

But when it came to this job, understanding the verbiage was really important and the only way I

0:10.8

was able to do that was by practicing and going on every single appointment, every single

0:16.8

opportunity that I had for somebody to allow me into their house and getting told no, I needed that.

0:23.3

You need that.

0:24.8

This is Game Changing Information, guaranteed to raise your real estate wholesaling business

0:29.9

with actionable steps you can take immediately to navigate the ins and outs of wholesaling and

0:35.1

start making money today. Join us as we put our guests in the hot seat and dive deep to dissect

0:41.3

their strategies for success to enable you to duplicate their results. You're listening to

0:46.4

the whole selling ink. The only show dedicated to making you a fortune in whole selling.

0:53.7

Let's bring on Ryan Thornton, my acquisition manager, 1.962 million in the last 12 months.

1:00.4

There he is. What's up? First of all, guys, Ryan has been with us about 18 months.

1:06.6

And the first month, six weeks, two months was really understanding. It wasn't really

1:12.6

necessarily the process. The process wasn't the toughest part is really the scripts.

1:16.6

It was really understanding how to overcome the objections and how to really communicate

1:21.4

effectively with the sellers. Yeah, absolutely. And I'm a people person. Brent's talking about

1:27.3

communicating. That's what I do. I communicate. I feel like I'm good at it. I was in law enforcement

1:31.6

for a long time. I had to do those things. But when it came to this job, understanding the

1:37.2

verbiage was really important. And the only way I was able to do that was by practicing and going

1:43.7

on every single appointment, every single opportunity that I had for somebody to allow me into their

1:49.1

house and getting told, no, I needed that. You need that because you are. You're allowing yourself

1:55.3

to practice. You're allowing yourself to get used to that word. And then you're allowing yourself

...

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