Today we have a short and sweet lesson on how YOU can start getting deals from wholesalers. The good news is, the concept is pretty simple and as long as you approach each deal with a solid understanding of the needs of the person you are doing business with, the tips below will work.
It really is as simple as that, so let’s get started. Here are three things you need to be doing if you want to be able to get more deals from wholesalers in less amount of time. Start incorporating these tips into your system today and you’ll most likely notice a major difference in the number of deals you are able to close on.
Make Quick Decisions
The number one thing you need to be doing is making a decision and making it quickly. Don’t waste anyone’s time, including your own. Let the seller know your decision as soon as possible. Even if it you decide to not purchase the house. Good, timely communication will take you a long way in terms of building business relationships!
Put Up A Big Deposit
I’m talking somewhere in the range of $5,000 to $10,000 depending on the situation. This will let the seller know you mean business and be more keen on moving the deal along quickly AND keep you in mind for other properties they have or may have in the future. It’s always a good thing when the sellers start bring the deals to you!
This is one a lot of people struggle with and it’s SO IMPORTANT. First, you have to take the first steps to close. Then (and this is really important) actually close the deal. I know what you’re thinking…Duh, Jim! But you’d be surpised at how many buyers flake on deals at the last minute. That is NOT A GOOD HABIT. Especially if you’re trying to build business relationships with wholesalers.
Working with a limited budget trying to wholesale houses without much success, or you don’t even know where to get started? My 5-Week Wholesaling Success Academy is YOUR PATH to make $5k in the next 5 weeks Wholesaling Houses. REGISTER NOW!
To YOUR Success,
P.S. — Like I mentioned above, the key to being successful as a wholesaler means becoming a marketing machine that gets motivated sellers calling you. Register for my 5-week Wholesaling Academy and you’ll get five weeks of Info-Packed Training that covers that plus a TON MORE.