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528: 5 Questions to Ask EVERY Seller & Finding the “Bunnies” To Close the Deal

528: 5 Questions to Ask EVERY Seller & Finding the “Bunnies” To Close the Deal

FromBiggerPockets Real Estate Podcast


528: 5 Questions to Ask EVERY Seller & Finding the “Bunnies” To Close the Deal

FromBiggerPockets Real Estate Podcast

ratings:
Length:
68 minutes
Released:
Nov 7, 2021
Format:
Podcast episode

Description

Closing off-market deals is one of the best ways to start stacking your real estate portfolio, especially while the housing market is so hot. But, off-market deals often require cold-calling, which is something that makes many investors’ blood run cold. So, how do you talk to a seller in the most confident, comfortable, and competent way? You start by asking the five questions Pace Morby, master of off-market deal-finding and creative financing, has laid out.These five questions were developed over years of cold calling and door knocking. They were specifically designed to walk a seller through a transaction, making them as comfortable as possible, allowing them to bring up their own limitations, and giving you the space to close if the deal fits. This is not your typical “call the seller and give them a cash offer” piece of advice. These questions run far, far deeper than that.If you’ve wanted to try flipping, wholesaling, or even just off-market deal finding, this may be the perfect episode to listen to, as a veteran investor lays out the exact questions he used to close on 500+ off-market deals.In This Episode We Cover:Why every seller has their own “bunnies” and what you can do to find themAsking questions that allow sellers to illuminate silent partners in the dealWhy you should NEVER tell sellers what is wrong with their propertyHelping a seller create a story and allowing your offer to fuel itPulling out missing information when initially interviewing a sellerGoing in for the close without becoming a pushy salespersonAnd So Much More!Links from the ShowBiggerPockets Youtube ChannelTriple Digit Flip on A&EBiggerPockets Podcast 527: 300 Doors, 100% Creative Financing with Pace MorbyBrandon Turner’s InstagramPace Morby Interviews Jerry Norton On How He'd Get His First DealClick here to check the full show notes: https://www.biggerpockets.com/show528 See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Nov 7, 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.