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By the time you have finished going through the steps of the Flipping Simple ebook you should:
- Have deals coming to you...
- Get clients under contract...
- Make money!
8 Simple, Comprehensive Steps to Successful Wholesaling...
Step 1: Start Marketing
The object of marketing is to get people who are eager to sell their house to call you and ask you to buy it from them. Ideally, these people have come to you because they want to sell their house quickly and they don’t want to do any repairs. We target people in certain situations like:
- Burned out landlords
- Estate Sales
- Distressed properties
Just like in any business, we want the people to come to us. So we advertise by a variety of different ways.
- Craigslist ads
- Bandit signs
- Letter campaigns
- Social media
- Signs on vehicles
- Networking ideas
Step 2: Phone Script
What do you do when the phone starts to ring? No worries, we’ll start you off with a script so you get all the right information simply and quickly from the seller.
Step 3: Analyzing the Deal
This step covers what to do with all the information you’ve just gotten from your client. This will allow you to know if the deal is actually a deal. The analysis bit can be challenging but we’ve laid it out so that if you can use a calculator and get the info that’s needed, you will know whether to move forward with the deal or not.
Step 4: Property Walk-Thru
Deals with the appointment setting and negotiation when you decide the deal is a deal and where to go from there. This is where the money is made or lost.
Step 5: Purchase Contract
Goes through how to write out the contract and get it right the first time. This contract sets you apart from all the other guys. It keeps you safe and totally in control of the process.
Step 6: Finding Buyers
Of course once you’ve got your contract in hand, you’ll want to get in touch with eager buyers who’ll pay cash for your deal. This section is dedicated to doing just that.
Step 7: Assignment Contract
Step 7 guides you through the assignment agreement so you can get paid for all of that hard work. This contract is seamless, easy to use and is included, so you don’t have to find your own.
Step 8: The Closing
Makes closing the deal simple and is overlooked by a lot of people in the business but can be the most important part of the process. Just follow the steps and it’s just like taking candy from a baby.
BONUS: The Double Close
This will allow you to make more money and close more deals than your competitors!
From a Co-Wholesale Deal: I contacted Swell Real Estate Investments to help me sell a property in Tallahassee and they were great with communication and helped me sell the home within two weeks after I brought them the deal. The process working with them was smooth and seamless. I would recommend using them — without using them I may not have sold the property. It was a pleasure to work with Tim & Lee, thanks again!!— Jessie B.
I recently sold my home to Tim and Lee Hall. After many frustrating attempts with multiple real estate agents, the Halls were an absolute joy to work with. Their professionalism, understanding, and enthusiasm made the sale easy. I was more than happy with the sale price, and they were tremendously helpful in my search for a new home. I never could have gotten there without them. There is no one else I would ever recommend using!!— Christine
Tim and Lee, I want to thank you for teaching me everything you know about wholesaling. You've always gone above and beyond — you were there whenever I called and you were patient at all times. Words can't express how much you helped me. I know I can never repay you guys.
You rock, you changed my life, you guys are great mentors! Love you guys!— Malcolm