6d • Announcements
How to Close Deals in AutoClose REI: The Takedown Method Explained
WEEKLY TASK: HOW IT WORKS
- I will be sending out leads every week for people who are the most active in the group. If you do not attend any meetings in a 30-Day period or have not been participating to level up pass level 3, you will be removed from the group for not taking action in getting your first deal.
- These leads will be filtered by owners with more than 5+properties, single family homes, 1000+sqft, AS-IS value over $200,000-$700,000, move-in ready conditions, $3,000-$6,000 trash out budget, and 2/2, 3/1, 3/2 or Duplex.
- You will be using Gemini A.I. to do your weekly calculations to get your estimated AS-IS VALUE determination. All leads will be given to those who attend the weekly meetings or who request it by Sunday/Monday latest. All offer sheets will need to be submitted by Thursday night 630PM EST. Every person will get about 100-300 leads per week.
SMS AUTOMATION: HOW IT WORKS?
- When you submit your leads, I will then upload your offer sheet into the SMS system and set up templates, workflows and schedule time to send out the offers. Allowing me to make 100-300 offers a day increasing conversation rates and KPI’s. The sequence will include follow-ups and call backs to people who are interested in selling or off-loading their assets that match our TAKE DOWN formula.
- When a lead responds I will notify the wholesaler attached to the list, as all list uploaded into the system will have a tag or label that has your name on it. This is how I will keep track of who gets paid and how much. Run deals through the underwriting portal to see how much funding we can get approved for to buy the deal. Make offer to seller/investor. Approval amount + balance over time.
- Send out JV Agreement with Acquisitions Partner (YOU) for 70/30 Split on your first deal and 50/50 split afterwards.
CLOSE PROCESS: SUBMITTING DEALS TO BUYERS
- We collect contract from sellers or investors; we do not deal with real estate agents. They prove to be difficult, want too large of a down payment or EMD and require too much paperwork to verify if we can buy the deal or not. We deal with directly with the property owner only.
- All Contracts, property details, contact information, comps and any other supported documents to underwriting team. 1 day response time from underwriting, 3-5 business days for EMD after inspection to confirm conditions, 7-10 business days for final approval from end-buyer which involves a Zoom meeting with all parties involved. 30 Day closing expectations.
- Get paid $5000-$10,000 or more depending on the deal structure and profit margins. Deal by deal basis.
The Buyers Terms:
- You Find the Deal
- We Analyze It (AutoClose REI) Under PLB Investments LLC
- They Fund It
- Buyers List on MLS
- We Get Paid Finder's Fee at Closing
Tools and Resources: Required
- Weekly Off-Market Leads
- Gemini A.I.
- Deal Analyzer
- SMS Automation Software
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How to Close Deals in AutoClose REI: The Takedown Method Explained
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