Driving for Dollars Mastery

69 - First Deal Breakdown - How a Resourceful Wholesaler Beat Out the Competition with a Lower Offer


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The competitive real estate market has made it more challenging for potential buyers, and it’s simply an issue of supply and demand -  a lot of people want to avail a home than there are homes available for sale. Convincing sellers can be a tricky job too, but as a realtor, your number one priority is to listen and suffice to your client's needs.

So what's the best approach to make deals in a competitive market? The answer may differ from one investor to another, but there are tried-and-true strategies that this business genius has in store for you. Listen to this episode, and you’ll be amazed at what you will discover!

Key Takeaways 

  • Phil’s professional background before real estate
  • Breaking down his first deal
  • Why real estate over e-commerce?
  • Do deals in an ethical way
  • Selling contracts instead of buying houses
  • “Aha!” moments in closing his first deal
  • Why are sellers selling their houses for less?
  • Why is it important to build rapport and trust and be transparent with your clients?
  • Listening to people’s objections and letting them feel heard

Resources

  • Rich Dad Poor Dad
  • Driving for Dollars Mastery
...more
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Driving for Dollars MasteryBy Zack Boothe

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