WIP 1217: Negotiation Mastery - Transforming Deals into Wholesale Profit Machines

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

4.9 • 1.4K Ratings

🗓️ 23 May 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Transforming wholesaling deals into profit machines relies on your powerful negotiation skills. Through thorough research, understanding the seller's motivation, and building rapport, you can set the stage for a successful negotiation. Clearly defining your walk-away point and highlighting your unique value empowers you to negotiate favorable terms and prices.

Listen to Brent Daniels as he teaches you how to negotiate your way through the TOP. This episode will guide you in creating win-win solutions, being patient and persistent, and following through on commitments to secure profitable deals.

Can’t get enough of this episode? Get more tips on how to supercharge your wholesaling strategy by checking out Brent’s TTP Training Program.

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Show notes:

(1:00) Beginning of today's episode
(2:19) Your behavior is influenced by your goals, plans, and mindset.
(4:04) Strategies to secure higher-value contracts through increased contract signings.
(4:20) Establishing connections and building rapport through effective use of tone of voice.
(5:25) Familiarize yourself with the fundamental principles of lead prequalification.
(8:31) Prioritize understanding their challenges before discussing pricing.
(10:41) Adhere to a systematic approach to secure upfront agreements.
(12:59) Schedule appointments and obtain consent.

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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

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0:00.0	You're listening Wholesaling Inc episode number 1217 if you were to sell this property
0:05.8	Where your tenants gonna go to next when we ask these open-ended questions is they start giving us what their pain is
0:12.7	What is the pain that they're going to there has to be a problem that we can solve with a cash as is offer if we're going to be offering them a cash as is
0:21.9	Offer there has to be pain. So that's what we're trying to find
0:25.0	This is game-changing information guaranteed to raise your real estate wholesaling business with actionable steps
0:31.5	You can take immediately to navigate the ins and outs of wholesaling and start making money today
0:37.8	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
0:45.6	You're listening to Wholesaling Inc the only show dedicated to making you a fortune in wholesaling
0:52.7	So I want to go to the whiteboard real quick and then we're going to go into the sales submarine
0:58.0	That's right the sales submarine and it's going to give you the exact process to take so that you can
1:05.3	Go out there and really really really good at closing on these leaves that you have and sound like a professional sound very
1:13.6	Confident and very certain and very likable. All right. The success pyramid here breaks down into three points, right?
1:20.5	Attitude can everybody see this at home so attitude the technique or your skills and your behavior all right?
1:28.6	Well, this right here. This is you right? This is what's your attitude towards yourself?
1:33.4	Your attitude towards yourself isn't very great. You need to do some self-work or none of this is going to work
1:38.7	Being an entrepreneur is not going to work all right
1:41.7	Like you need to make sure that your attitude toward yourself is like 10 out of 10
1:46.5	All right, you need to have that confidence and if you don't have that confidence get around people that have that confidence
1:52.0	It'll melt into you. Okay. Next is what's your attitude towards the market?
1:55.5	Is this a good market? Is this a bad market? Is it harder to do deals now than it was before?
2:00.2	Is it all these things? It's all your attitude?
2:03.5	Everything comes down to your attitude towards the market, all right? The company what's your attitude towards your company towards what you actually have to offer?
	...

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