Activity
Mon
Wed
Fri
Sun
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
What is this?
Less
More

Owned by Brad

UnRepresented

42 members • $20/m

The #1 community for mastering Real Estate deals. Everything from finding deals to advanced negotiation techniques to scaling a wholesaling business!

Memberships

Real Estate Investing Roadmap

6.8k members • Free

11 contributions to UnRepresented
Can I pay YOU to do a DEAL? 💯
Hey everyone!👋 Can I pay 💰 YOU to do your first deal with us?!?! 💯 I wanted to reach out and see if I could be assistance to anyone in this group. My Team has been a powerhouse Dispo House in Dallas, Houston, San Antonio and Florida! We move Wholesale deals for a lot of Heavy hitters! And, we’ve been Wholesaling for 4+ yrs, have made our partners Millions in Assignment Fees, since we consistently get higher offers than the market standard. Let's get your deals closed, and you paid!! (This isn’t some “let me post your deals on my InvestorLift account…) We are a Real Dispo Company with Real relationships with our buyers. Use the link below to get started and comment “Lion Share” to have my team pay you to move your deal! 🦁 https://faziorealestatesolutions.com/dispowithfazio
0 likes • Oct '24
Love it man! Your team has taken off like crazy.
Module 2 is Dropping THIS WEEK!
Have you done your homework?! Most of you haven't, and therefore nobody knows your name or how to help you! If you want to level up as a closer, you're going to need to start putting in the work. Often we say we're willing to do the work, but find ourselves unsure of: What exactly is "the work"? Here it is... Your action item to become 1% better today: Go watch Module 1 so that you're ready for Module 2. Comment below if you've watched it already or are going to watch it tonight instead of Netflix!
4
0
Module 2 is Dropping THIS WEEK!
The Seller that "Nobody Could Close" 😨
A cool Real Estate story to go with your Monday coffee about how: A seller that "nobody could close" and I worked out a deal that allowed him to chase his dreams of living in a camper van, surfing up and down the west coast for the rest of his life. What was the Background Story? A local wholesaler here in Oregon brought me a deal in Tillamook (yes, just like the cheese). He said he'd spoken with the seller multiple times, they've had great conversations and the guy is awesome, but he just won't budge on his insane price - $500k for a house worth $350k on a good day. He had a very small mortgage on it, and wasn't open to seller financing. He was 68 years old, had no family left (except an estranged brother), and had grown up in the house we were discussing (strong emotional ties). The wholesaler said he'd had 7 other people try to help him figure out/close this deal, but "nobody can close this guy". The wholesaler was starting to think the guy wasn't serious and just bored... stringing everyone along. So HOW did I close it? Jack (the seller) said at one point in the conversation he needed the full $500k because, after paying off his mortgage, this money would get him through retirement. So my response was not to tell him the house wasn't worth $500k or nobody would pay that, or a bank wouldn't it. My response was simply... "Through retirement?" Jack - "Yeah. I figure I'll live to about 80, max. So that'll get me there as long as I can keep the expenses low." Me - "Expenses?" Jack - "Yeah like gas and stuff." Me - "[stayed silent for a few seconds...]" And then the flood gates opened. Jack started telling me how he'd run all these calculations because he was planning to sell everything and buy a Mercedes Sprinter camper van. He just wanted to quit his job as a Logger (yes we laughed about the "Lumber Jack" thing as if it was the first time anyone had ever said it to him ), and spend his retirement surfing and watching sunsets up and down the west coast.
The Seller that "Nobody Could Close" 😨
2 likes • Oct '24
@Janet Nevils I'm assuming you're after the deal terms? After this, he actually said he might have to ask for MORE money for the house. I asked him if he thought that made sense and "How's the current price working for you?" He knew what I was getting at. So I told him "You've put a lot of thought and calculations (referencing his spreadsheet) into your retirement and for how much you'd have to sell this house, just so you can fund about 12 more years of living. Why don't you set it up so this house pays for the rest of your life, no matter how long you live?" It was at this point we opened up the conversation of seller finance, under the premise of selling this house and receiving $1,500/month for 30 years (putting purchase price at $550k total with a $10k down payment for the van). He wanted to buy his camper van outright but I talked to him about getting a loan. He never considered it because he didn't want a payment, but I explained how the payment would be covered by our mortgage payment to him. He was going to be collecting ~$1,600/month in social security and our payment to him was going to be $1,500/month. He was going to have more than enough money for everything. Ps. Bonus points if you noticed the "interest rate" we agreed on. 🤔
Here's Why You're Not Closing Deals...
You said all the right things. You established rapport. Shoot, it felt like you and your prospect were best friends in that last conversation! AND... you KNOW you had a good solution for them. But... as usual... They had to think about it. The real reason you weren't able to close that deal? You didn't know what their real problem was. You might have THOUGHT you did, but I can guarantee you didn't. In fact, 99% of the time you don't close a deal is because you didn't discover the true problem the prospect needed solved. And in the 1% of deals where you DO discover the real problem they need help with... you're failing to build a big enough gap between their current status and projected future self. Here's how to think about it: Imagine your prospect is standing at the edge of a canyon. Where they are is their current status. 🫥 The other side is where they want to be (projected future self). 💪😎 The canyon... is their problem. 🌄 They see the other side as a small hop away, but don't know if they'll actually make it if they try, so they feel safer to just stay where they are. But it's only a small hop, so when they feel like the time is right (no wind, good shoes, big breakfast) THAT'S when they'll put the effort in to jump. 🏔🏃🌋 Your job in the sales process is to figure out if they REALLY want to be on the other side. Once they explain to you why it would be so great to be on the other side and they feel a strong desire to be there, that's when we take off the distortion goggles they've been wearing. We show them how far they actually are from their goal. How deep and wide that canyon really is (how big the problem is). Once they feel a strong desire to be on the other side AND realize they're much further from their goal than they previously thought... This is when their frantic search for a solution will begin mentally. At this precise moment, you can restore peace to their mind by showing them "The Bridge", which is your solution. And they'll happily pay the toll to walk across it to get to the other side.
5
0
Intro
Hey everyone my name is Danny Dang i'm a hustler whos trying to build wealth through real estate and other avenues. I'm an Oregon boy, born and raised here. Graduated at Oregon State in public health. Did the 9-5 for a handful of years and now trying to build something for myself. I like anything nature, animals, I have a dog, traveling, learning about cultures, food, music. Trying to squeeze the most out of this one life I have and build amazing relationships along the way. I currently work in merchant services helping businesses save money on processing fees as well as setting them up for payments. I'm have my realtors license and mainly using it for MLS access right now. I got my first deal a few weeks ago with my partner Rob. Sub2 deal. I found the deal but now I need to learn how to under write it and do disposition. Looking forward to learning Brad's process, sharpening my closing, and most importantly building relationships! If there's anything I can do to help you lets connect!
Intro
0 likes • Oct '24
Welcome aboard Danny! Love that you got that first deal in the books. What's the biggest hangups/roadblocks for those sub2 conversations?
1-10 of 11
Brad Contreras
3
28points to level up
@brad-contreras-9925
Real Estate Investor | Dad | Closer I love the game of sales. Real estate is the peak. Being a dad has definitely made a better negotiator & closer.

Active 108d ago
Joined Apr 4, 2024
Powered by