Driving for Dollars Mastery

322 - Reverse Wholesaling & How to Not Lose $50,000


Listen Later

Wholesaling but in reverse? In this episode, we sit down with Christopher, who successfully closed his first real estate deal using the reverse wholesaling method. Christopher shares how he found his buyer before his seller, and the critical steps he took to secure the deal.

We also discuss common pitfalls in the business, like focusing solely on numbers instead of the people involved. Plus, learn how Christopher missed out on an additional $50,000 due to a single strategy error.

 

Key Takeaways:

  • Reverse Wholesaling Explained: Understand the process of finding a buyer first and then hunting for properties that match the buyer's criteria.
  • Importance of Relationship Building: Learn why establishing trust and understanding seller needs is crucial in negotiations.
  • Avoiding Common Pitfalls: Discover the mistakes many make by focusing only on numbers and how to avoid them.
  • Negotiation Strategies: Gain insights into effective negotiation techniques like mirroring and labeling, inspired by Chris Voss.
  • Maximizing Profits: Learn how Christopher could have increased his profit by $50,000 with a simple strategy tweak.

Resources:

  • Deal Machine (Discount code PIN)
  • $40k in 40 Days Challenge
  • Driving For Dollars Mastery
  • FREE TRAININGS – Get Started in Creative Real Estate
  • Never Split the Difference - Chris Voss

...more
View all episodesView all episodes
Download on the App Store

Driving for Dollars MasteryBy Zack Boothe

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

144 ratings