WIP 1189: #Throwback Thursday - 5 Closing Pitfalls to Avoid in Order to Do More Deals and Make More Money in Your Real Estate Business
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 13 April 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
Running a successful real estate business comes with many challenges... but can still be one of the most rewarding things you'll ever experience. Identifying opportunities and avoiding pitfalls is crucial. These setbacks can be incredible learning experiences and major opportunities for growth. Brent Daniels discusses some of the common pitfalls many wholesalers face and he shares methods for overcoming them to achieve maximum success in your business.
Leverage his expertise to confidently navigate the real estate landscape and achieve tremendous success in your business. If you're ready to become a successful real estate wholesaler and work with Brent personally, be sure to check out the TTP Training Program.
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Show notes:
- (0:58) Beginning of today's episode
- (1:09) Recognizing closing pitfalls and coming up with solutions
- (1:41) Missing the decision window is huge
- (2:51) Understand what's best for your homeowners
- (3:13) The lack of pre-qualifying
- (5:00) When people argue with property owners. it only leads to their lack of likeability
- (6:48) Get the upfront agreement
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Resources:
- 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
Click on a timestamp to play from that location
| 0:00.0 | You're listening, wholesaling, episode number 1189. |
| 0:04.6 | The lack of likeability. This I see all the time. People arguing with property owners. |
| 0:10.6 | Arguing. You want to build friction in a relationship? Tell them they're wrong. Tell them |
| 0:16.4 | their price of 250,000 is bananas. Go ahead. Say all that lands, right? You confirm and you'll |
| 0:23.2 | approve as you're speaking with these property owners. This is Game Changing Information. |
| 0:28.5 | Guaranteed to raise your real estate wholesaling business with actionable steps you can take |
| 0:33.3 | immediately to navigate the ins and outs of wholesaling and start making money today. |
| 0:39.3 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies for success |
| 0:44.7 | to enable you to duplicate their results. You're listening to wholesaling ink. |
| 0:49.4 | The only show dedicated to making you a fortune in wholesaling. |
| 0:53.6 | Let's talk about some of the pitfalls that we face when we're trying to close. I'm telling you, |
| 1:00.9 | this happens time and time again. Because we can recognize them, when you can diagnose something, |
| 1:08.0 | you can cure it. Isn't that fantastic? Let's look at these pitfalls and I see it time and time |
| 1:13.6 | again. Closing pitfalls. Number one is missing the decision window. By the way, these aren't in rank |
| 1:21.1 | or order. This is just what I see after coaching thousands of people around the country, |
| 1:26.8 | after getting 80 to 100 text messages every single day working on this with my one-on-one coaching |
| 1:34.2 | students. Missing the decision window is huge, all right? Missing the decision window. What I'm |
| 1:41.2 | saying is you're not falling up enough. They told you, I'm not going to sell this for six months |
| 1:47.4 | and you don't call them for three and they sold it two weeks after you talk to them, right? |
| 1:53.6 | Staying in front of these people and what does lead follow up really come down to 80% of the time. |
| 1:58.7 | It comes down to a text message and a voicemail. 80% of the time they don't even pick up, |
| 2:04.1 | but it's planting seeds, keeping you top of mind. Make sure that you are aggressive with your lead |
... |
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