WIP 1646: Slow the Hell Down - The #1 Reason You’re Losing Deals (and How to Fix It)

Wholesaling Inc with Brent Daniels

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

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4.9 • 1.4K Ratings

🗓️ 13 January 2025

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

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Summary

Are you losing deals because you’re moving too fast? Todd Toback reveals how slowing down, setting clear expectations, and staying in control can help you close deals at the highest price possible. Don’t let haste cost you profits—listen now to take your deal-making to the next level!---------Show notes:(0:50) Beginning of today’s episode(2:54) One buyer, one property at a time(3:23) Motivated sellers is where we buy deals from(4:22) Never let a buyer force you into making a decision(7:0...

Transcript

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0:00.0	You're listening to Wholesling, episode number 1646.
0:04.0	When you are dealing with buyers, never, ever, ever let a buyer force you into making a decision.
0:14.1	You want to slow the hell down.
0:17.0	This is game-changing information guaranteed to raise your real estate wholesaling business with actionable steps you can take immediately to navigate the ins and outs of wholesaling and start making money today.
0:29.6	Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success to enable you to duplicate their results.
0:39.8	You're listening to Wholesaling, Inc.
0:43.6	The only show dedicated to making you a fortune in wholesaling.
0:51.4	So today's episode is Slow the Hell Down.
0:58.6	And man, this is right hot off the press because I just had a conversation with one of my joint venture partners who we are splitting this one particular deal, 50-50. And again, I'm in
1:04.5	more of a coach and consultant relationship and they're on the ground locking up deals. And one
1:09.2	of the things I've learned in this business is when you feel anxiety or rush or haste, you need to slow the hell down. And that is the
1:21.5	topic of today's episode. And if you're feeling like I'm going to, if you're feeling the feelings that I'm
1:29.7	going to describe in this episode, I want you to remember today's show because it's going to make
1:33.8	you an additional $20,000 or $30,000 in the five to six short minutes that I'm going to be
1:38.6	coaching you because I'm going to coach you exactly like I coached my joint venture partner.
1:43.7	So long story short, right now, we have two
1:46.2	deals under contract each in the range of about $50,000 in profit each. And so this joint venture
1:54.5	partner of mine went out and sent them both out to a bunch of buyers at the same time.
2:03.5	By the way, first mistake, okay?
2:06.4	So the joint venture partner got so much anxiety and angst about the deal.
2:12.2	He sent out two deals at the same time and started negotiating with his buyers,
2:17.2	really kind of a package deal and confusing
	...

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