WIP 1241: Wholesaling Quicktip - 8 Ways to Get Higher Bids On Your Properties
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 26 June 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
After listing a property for sale, you start receiving offers. To ensure you don't miss out on a favorable deal, how can you effectively secure the highest bid?
Don't worry, because Todd Toback is here to provide you with "EIGHT" highly effective tips to get a good deal. By following these steps, you'll be better equipped to objectively evaluate offers and select the one that aligns with your goals and priorities for wholesaling houses. And most importantly... get more MONEY.
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Show notes:
- (0:57) Beginning of today's episode.
- (1:04) Eight tips to get higher bids on your property.
- (1:54) Getting top dollar for your property.
- (3:30) You need to have multiple cash buyers.
- (4:48) Refresh your buyer's list regularly.
- (6:10) Provide a professional house inspection to all your buyers.
- (7:58) You need to set expectations for your desired profit and track it.
- (8:27) Try to negotiate a "cash for keys" deal with the tenant.
- (10:22) Take it down, buy the property, fix it, and sell it for a significant profit!
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Resources:
- MLS
- To speak with Brent or one of our other expert coaches call (281) 835-4201 or schedule your free discovery call here to learn about our mentorship programs and become part of the Tribe
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 | You're listening to wholesaling ink episode number 1241. |
| 0:04.1 | Your buyers are not your mentors. |
| 0:05.8 | Your buyers are not your coaches. |
| 0:07.5 | There is an apparent conflict of interest in them, quote, unquote, helping you out. |
| 0:13.8 | You want to respect your buyers? |
| 0:15.2 | You want to treat them fair. |
| 0:16.7 | You want to do what you say you're going to do, but you need to set the expectation |
| 0:20.6 | that they need to compete for your business. |
| 0:25.1 | This is game changing information. |
| 0:27.2 | Guaranteed to raise your real estate wholesaling business with actionable steps |
| 0:31.4 | you can take immediately to navigate the ins and outs of wholesaling and start making money today. |
| 0:38.0 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies |
| 0:42.6 | for success to enable you to duplicate their results. |
| 0:45.8 | You're listening to wholesaling ink. |
| 0:48.2 | The only show dedicated to making you a fortune in wholesaling. |
| 0:52.1 | Today, I'm going to share with you eight tips to get higher bids on your properties. |
| 0:58.4 | All right. |
| 0:58.7 | So let's talk about eight tips to get higher bids for your property. |
| 1:02.4 | Before I get into those eights, let me chat a little bit about why this is so important. |
| 1:07.2 | Right. |
| 1:07.4 | Think about the timeline of a deal, right? |
| 1:10.8 | You market for a property, you get leads, you screen the seller, you negotiate with a seller, |
... |
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