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524: 3 Sales Secrets That Will Help You Close Your First or Next Deal

524: 3 Sales Secrets That Will Help You Close Your First or Next Deal

FromBiggerPockets Real Estate Podcast


524: 3 Sales Secrets That Will Help You Close Your First or Next Deal

FromBiggerPockets Real Estate Podcast

ratings:
Length:
74 minutes
Released:
Oct 28, 2021
Format:
Podcast episode

Description

A decade ago, Chandler David Smith was a broke college student. After searching for jobs, he was given the opportunity to try his hand at door-to-door pest control sales. The first week went slow, and he wasn’t able to close on a single sale. But, by the end of the summer, he had crushed the rookie sales record and walked away with $96,000 worth of commission.But now Chandler had a problem: too much cash and nothing to do with it. His friend’s father convinced him that real estate investing may be the best place to park his extra cash, so he did just that. Chandler bought a condo for $73,000. It wasn’t a great deal and he made some big mistakes, but it sparked a fire under him that allowed him to grow his portfolio to over three hundred units, through small multifamily, large multifamily, and self storage.It’s no coincidence that Chandler succeeded in real estate with his sales background, since finding off-market deals, negotiating with sellers, and raising rents all require you to sell something to someone. If you can capitalize on some of these sales secrets that Chandler discusses, you may too have a far easier time locking down phenomenal deals.In This Episode We Cover:The verbal and visual cues that show a sales prospect you’re trustworthyWhy those that can handle rejection succeed not only in sales but in real estateFollowing the “sales logic” of preface, feature, and benefit The huge advantage of investors buying “mid-priced” propertiesThe differences between owning small multifamily, large multifamily, and self storage Developing your property management team and using them to scale your portfolioAnd So Much More!Links from the Show:Brandon Turner's InstagramDavid Greene's InstagramChandler David Smith's Youtube Channel: How Brandon Turner Changed My Life (Full Interview)AJ Osborne WebsiteTim Ferriss WebsiteGarrett Myers InstagramGoBundanceBiggerPockets WebinarsBiggerPockets Pro MembershipMLS (Multiple Listing Service)CraigslistFacebookYoutubeCheck the full show notes here: https://biggerpockets.com/show524See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 28, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.