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Are you burning precious time chasing sellers who never intended to work with you? It's a trap I fell into when starting my wholesaling journey, and it nearly derailed my business before it got off the ground.
The turning point came when I discovered how to quickly categorize sellers into four distinct types – a system that transformed my approach and dramatically increased my closing rate. In this no-nonsense breakdown, I reveal exactly how to identify each seller type within minutes of conversation, which ones to pursue, and which to walk away from immediately.
Most newcomers to real estate wholesaling make the critical mistake of treating every lead as equal. But the truth? Some sellers are gold mines (what I call "unicorns" with both motivation and realistic price expectations), while others are complete dead ends that will drain your energy and clog your pipeline. I walk you through each category with real examples of what these sellers say, how they behave, and the specific approaches that work with each.
The most valuable insights come when I dive into Type 4 sellers – motivated people with unrealistic price expectations. These represent your bread-and-butter opportunities, but only if you know how to educate them effectively about market realities without making them feel lowballed. Master this conversion skill, and you'll unlock a consistent deal flow that your competitors miss.
By the end of this episode, you'll have a clear framework for qualifying leads faster, focusing your energy where it matters, and building the momentum that comes from knowing exactly when to move on. Subscribe to follow my wholesaling journey – the wins, the losses, and everything in between – as I share the strategies that are working right now in today's challenging market.
By Dale KernsAre you burning precious time chasing sellers who never intended to work with you? It's a trap I fell into when starting my wholesaling journey, and it nearly derailed my business before it got off the ground.
The turning point came when I discovered how to quickly categorize sellers into four distinct types – a system that transformed my approach and dramatically increased my closing rate. In this no-nonsense breakdown, I reveal exactly how to identify each seller type within minutes of conversation, which ones to pursue, and which to walk away from immediately.
Most newcomers to real estate wholesaling make the critical mistake of treating every lead as equal. But the truth? Some sellers are gold mines (what I call "unicorns" with both motivation and realistic price expectations), while others are complete dead ends that will drain your energy and clog your pipeline. I walk you through each category with real examples of what these sellers say, how they behave, and the specific approaches that work with each.
The most valuable insights come when I dive into Type 4 sellers – motivated people with unrealistic price expectations. These represent your bread-and-butter opportunities, but only if you know how to educate them effectively about market realities without making them feel lowballed. Master this conversion skill, and you'll unlock a consistent deal flow that your competitors miss.
By the end of this episode, you'll have a clear framework for qualifying leads faster, focusing your energy where it matters, and building the momentum that comes from knowing exactly when to move on. Subscribe to follow my wholesaling journey – the wins, the losses, and everything in between – as I share the strategies that are working right now in today's challenging market.