Pod Insights Wholesale Hotline Do This To Get A Wholesale Deal In 10 Days | Flipping Mastery Weekend Edition About this episode Welcome to the Wholesale Hotline Podcast Weekend Edition (Flipping Mastery Edition), where Jerry teaches how to master the art of house flipping, wholesaling, and new construction development. Show notes -- in this episode we'll cover: Straightforward, step-by-step training on making six and seven figures from real estate deals. Insider tactics for finding motivated sellers, analyzing deals, and raising private money. Learn how to flip houses virtually from anywhere—even with zero experience. Whether you're a beginner or scaling up, Jerry gives you the blueprint to build real wealth through real estate. Please give us a rating and let us know how we are doing! ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ ☎️ Welcome to Wholesale Hotline & Flipping Mastery Breakout! ☎️ Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate. **NOTE: To Download any of Jerry's FREE training, tools, or resources… Click on the link provided and enter your email. The download is automatically emailed to you. If you don’t see it, check your junk/spam folder, in case your email provider put it there. If you still don't see it, contact our support at: [email protected] or 888) 958-3028. ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 💲 USE THIS LINK FOR DISCOUNTS AND FREEBIES TO USE IN YOUR BUSINESS: 💲 Make $10,000 Finding Deals:b https://flippingmastery.com/10kpod Get 100% funding for your deals! https://flippingmastery.com/fspod Mentoring Program: https://flippingmastery.com/ftpod FREE 8 Week Training Program: https://flippingmastery.com/8wpod Get Paid $8700 To Find Vacant Lots For Jerry: https://flippingmastery.com/lfpod FREE 30 Day Quickstart Kit https://flippingmastery.com/qkpod FREE Virtual Wholesaling Kit: https://flippingmastery.com/vfpod FREE On-Market Deal Finder Tool: https://flippingmastery.com/dcpod FREE Wholesaler Contracts: https://flippingmastery.com/wcpod FREE Comp Tool: https://flippingmastery.com/compod FREE Funding Kit: https://flippingmastery.com/fkpod FREE Agent Offer Sheet & Scripts: https://flippingmastery.com/aspod FREE Cash Buyer Scripts: https://flippingmastery.com/cbspod FREE Best Selling Wholesaling Ebook: https://flippingmastery.com/ebookpod FREE Best Selling Fix and Flip Ebook: https://flippingmastery.com/ebpod FREE Rehab Checklist: https://flippingmastery.com/rehabpod ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🔌 PLUG IN & SUBSCRIBE 🔌 SUBSCRIBE: Jerry Norton and Flipping Mastery TV FACEBOOK: http://www. Facebook.com/flippingmastery INSTAGRAM: https://www.instagram.com/flippingmastery/ ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ 🤝 #SQUADUP & GET MORE DEALS DONE in the Wholesale Hotline LIVE Facebook group: https://www.facebook.com/groups/759418414582645 🤝 ‼️‼️Pro tip: Make a post with your market & what you need help with‼️‼️
Transcript 0:03 Speaker 00 Hey, it's Jerry Norton. Welcome to the Wholesale Hotline Podcast and the Flipping Mastery Breakout. We want to know how we're doing, so please leave a comment and give us a rating.
0:18 Speaker 00 It's Jerry Norton, and I'm going to show you the fastest way to get your first deal in 10 days for free.
0:27 Speaker 00 Now, most of you are not going to do what I'm going to teach you because, one, you're too lazy because this is going to take some work. And number two, you're afraid of rejection. You have to call and talk to people. So if you're unwilling to do those two things, this won't work for you. For those of you, though, that want to get your first deal that you can make $10,000, $15,000, $20,000 on in 10 days, let me outline it for you. I'm going to show you five steps, and you have to follow them exactly how I show it. Okay, step number one is to download a list of agents in your area. And you can do this for free. If you go to propwire.com, you're going to go to the lead dropdown menu, and you're going to pick "on-market active properties for sale", and then you're going to download that list. In that list, you're going to have all kinds of information.
1:09 Speaker 00 What you're looking for there is the agent's contact info and phone number. Step two is you're going to text each one of those agents, and you're going to say, "I'm looking to buy a house in this metro area. Please call me." Now, it's very important you follow this step. You are not going to outbound that agent. You could do that. There's nothing wrong with that. But here's what we found. If you can get the agent calling you, it's way more effective because they're going to call you at a time when they're available. They're not, you know, in the line at the grocery store, picking their kid up from school. It's not intrusive when you outbound and call them. They're calling you. And the way that we designed this text, "looking to buy a house, call me", I don't say I'm a cash buyer. I don't say I'm an investor. I don't say I'm looking for a deal.
1:53 Speaker 00 I say, "I'm looking to buy a house." You want them thinking that you are a retail buyer and that they're possibly going to pick up a buyer's commission for showing and selling a house. Now, you're probably going to need to text about 25 agents a day.
2:10 Speaker 00 Because we want to have about 15 conversations a day. So if you text, you know, about 25 agents in a day, you're probably going to get calls from about 15 of those agents. Step three is when they finally inbound you, hopefully we're talking about 15 of these. When they inbound call you, now you're going to have that conversation where you're going to say to that agent, "Hey, I'm looking for a property that's in original condition or needs a lot of work. Me and my investor, cash buyer, are looking for a deal by the end of the month and we're having a hard time finding properties on the MLS." Everything I just said there is very strategic. They're calling you. You're now revealing to them that you're looking for a deal
2:53 Speaker 00 that you can fix up to possibly sell or rent. And it needs to be something that's not on the MLS. Now, in that conversation, you're going to say to them, "Looking for something in original condition, looking for something that needs a lot of work, and I'm looking for something that's off-market." And then you're going to ask them, "Do you know of a seller looking for a cash offer on a property that needs fixed up?" And then you're going to ask that agent, "Do you know of any other agents in your office that might have something like this?" Okay, now you're tapping into the office. All real estate offices network with each other, brokerages, they network with each other. And so now you're tapping into that as well. Now, also in this conversation, you're going to say to them,
3:35 Speaker 00 "Look, when you sit down on appointment with a seller for a possible listing, if that property fits what I just described here, then call me and I'll present a cash offer to your seller and possibly not have to list it and go on-market. And by the way, I'll pay the commissions." Now, what you'll find is that a lot of times they either have one that they're working with a seller on, they haven't listed it yet, or they know of somebody in the office, or they'll be willing to reach out to the other agents in their office and see if they have anything. Okay, now step four is after you have that conversation, immediately, you're going to follow up with that agent by sending them a text with your information. And you're going to give them instructions in that text. You're going to say, "Save my number as Jerry."
4:20 Speaker 00 Free cash buyer and you're going to remind them, hey, the next time you go on appointment or if you hear about something that's off market, let me know, happy to pay you a commission, looking for a deal. Okay, now, step five is going to be ongoing follow-up every 10 days. Now, when you do those follow-ups every 10 days, you're going to send texts, but you're also going to call. Don't just send text, maybe send a text this time, a call next time, a text this time, a call next time. Maybe you rotate it. It's fine to send texts, but it's really good to get them back on the phone, go back through what you're looking for. Okay, now, like I said, the magic here, the secret ingredient to this is consistency and volume. You want to have 15 of these conversations a day following this five-step process.
5:05 Speaker 00 So in 10 days, that's going to be 150 conversations with agents. Now, I find that in about 100, you can usually get a deal, somewhere between one, your first call, and 100 of these conversations, you can get a deal. Someone's going to have a deal for you where you can get it at a discount and wholesale it for a profit. Now, I say 150 gives you another 50 buffer there, so no one can say to me, Jerry, it doesn't work. You know, if you're doing this in 10 days, 15 a day, you're having 150 quality conversations. My promise to you is that you should be able to get a deal out of that. And let's look at, guys, 10 days, absolutely free. How long does this take? It's going to take you a couple hours a day probably to get through all of that.
5:49 Speaker 00 But if you're willing to do that and be consistent, then there is money in these leads. Agents are spending all their time out there, spending money on marketing, going on appointments. They know all these other people. If each of these 150 agents knows 150 people, you're getting now to thousands by nature of leveraging these agents and teaching them how to bird dog for you. Now, how big can this be? I've got students, Hugh Boy, he's doing a million and a half a year just following this exact model right here. He's just scaled it and perfected it. So this literally can be your first deal, but it could also be 100 deals a year or a million-dollar-a-year business, depending on. How well you implement this.
6:32 Speaker 00 But this right here, what I just outlined on the whiteboard right here. This five step process, this is your fastest way to getting your first deal in 10 days or less. Now, I've got scripts for you. I've got processes for you. I've got everything that you need to really do this agent model well. I'll give those to you for free. Just go to agentofferscripts.com to download that. That'll help you really understand how to implement everything here. We just talked about again, totally free. Go to agentofferscripts.com. Okay, so now let me explain the process. Once an agent has a lead for you. And remember, not all leads equal deals. You're going to have to do what we call discovery. And in that discovery, remember there are four pillars of motivation that we're looking for.
7:13 Speaker 00 So I'm going to share with you some prompts now, some questions to ask that agent to uncover if this is a good situation. If this is a good opportunity to get a discounted property. Okay, so first is distress. What's going on in the seller's life that would cause them to possibly be open to taking a discounted price? So you can ask, can you tell me what's going on with this one? Okay, can you tell me about what's going on here? Why is the seller looking to sell? You're trying to get that agent now to share with you information that would help you understand if there's motivation here. Second question is, how soon is the seller looking to sell? That's going to let us know if there's urgency. If this is something that they want to do ASAP, if this is right now. That's going to help us understand more how motivated the seller is.
7:58 Speaker 00 The third question here is around conditions. So you're going to ask that agent, how much work do you think it needs? And that agent's going to reveal that to you. Or another thing you can ask them is, can you send me pictures of the property that you have in your phone right now? Just text those to me right now because all agents take pictures while they're at these properties. And then the fourth question here in our pillars of motivation is around price. What offers have you turned down so far? Great question to try to uncover what the seller said no to. So that we have an idea about what that floor is, what the bottom is right now. You can ask further questions like, well, what price do you think the seller would be willing to take right now? As is, close quickly, no inspection, no appraisal, no finance.
8:40 Speaker 00 What kind of number do you think the seller would take for that? And then what you're going to do is you're going to lead this into a verbal conversation. What we typically do is we'll tell that agent, okay, what I need you to do for me to get this number at that price is I need you to write up the offer, get the seller to sign it at that number and then send it to me for the final signature. And then we'll sign it and be under contract. Now that's much better than you sign, put it in front of the seller and get the seller to sign final. You want the agent to get the seller to agree to that price and then you sign as the last signature. Once your five step process to generate a lead happens, these are the five questions for discovery. Obviously now you're going to want to analyze the property to get to your offer price.
9:23 Speaker 00 I put together a great tool. It's an instant offer calculator. It'll tell you exactly what price you need to offer to build in your wholesale fee. No comping, no estimating repairs. It's really just takes the average as is value and it runs an algorithm to tell you exactly what that price is. I'll give that to you for free and I'll have a video here in the description below that'll show you how to use that calculator to get to your offers. And that's exactly what we do. We pull that up, we put the address in, it tells us exactly the number. We go through the discovery right here. We anchor low. We try to negotiate up to our bottom line price, the max allowable offer. And then we lock that deal up. We get the agent to send the contract, do the paperwork for us.
10:05 Speaker 00 What's beautiful, by the way, about all of this is the agents are doing all of the negotiation with the seller, not you. You're just getting that agent to bring you those leads off market. But this, what I just outlined here, this is how you get your first deal in 10 days. All of this costs you absolutely nothing, just your time and some effort to get to that one deal that's going to make you $10,000, $15,000, $20,000. Hey, thanks for listening to this podcast. To get more free tips, check out my YouTube channel. Just search Flipping Mastery TV on YouTube where I have over a thousand videos teaching you how to make more money with real estate. On my channel, I also give away free stuff like my quick start kit with everything you need to flip your first house in the next 30 days. Or my deal finding software called
10:50 Speaker 00 Data Cruncher, which finds discounted houses in any zip code in a matter of seconds. You can get those for free at myquickstartkit.com and mydatacruncher.com.
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