From: Tom Krol <info@wholesalinginc.com>
Date: Wed, Mar 13, 2019, 11:17 AM
Subject: If your assignment fees are low, you might be guilty of this…
To: Jon Silver <joaoa.desilva2018@gmail.com>
Hey,
Want to know the #1 difference between the wholesalers who are CRUSHING it… and the ones who are barely scraping by?
The really successful wholesalers know how to leverage the deal.
Here's what I mean…
Often, wholesalers will adopt the anxiety of the motivated seller to sell the purchase agreement quickly!
That's a huge mistake.
The name of the game in wholesaling is to find a deeply discounted property and get it under contract quickly…
…But once you have that contract, you need to slow down.
Do not adopt the anxiety of the seller and rush yourself into selling too quickly.
This is where so many new wholesalers go wrong… and it can lead you to leave $1,000s on the table!
Your purchase agreement isn't a hot potato - it's a valuable asset!
Don't feel like you have to unload it as soon as possible.
Truth is - you have all the time in the world. Don't rush.
Want to know if you're guilty of rushing to sell?
Just look at your assignment fees…
If they're consistently low… it means you have a small cash buyers list and you're rushing to sell!
Here's how to solve it…
First… don't tell anyone about the deal until you tell EVERYONE about the deal.
All of your cash buyers should find out about it at the same time. Nobody gets a "sneak peak"... nobody gets preferential treatment.
Some people have a lot of anxiety about this. They want to tell everyone about the deal to get feedback and advice. They want to tell their most trusted buyers right away…
Don't do it!
Slow down. Don't break from the process. Everyone finds out at the same time.
Now, you want to wait for the highest & best offers to come in.
Don't take the first offer that comes in.
This is really hard for a lot of new wholesalers. They're worried cash buyers will get offended if they don't respond.
Who cares.
Cash buyers are a dime a dozen - and the ones who are good to work with won't pressure you into making a hasty decision!
So remember… find sellers quickly, find buyers slowly.
Follow that simple rule, and you'll see your assignment fees explode in value.
To your success,
Jon
P.S. For EVEN MORE hard-won lessons in real estate wholesaling, check out our free Wholesaling Inc Podcast.
%%
Tom
P.S. For EVEN MORE hard-won lessons in real estate wholesaling, check out our free Wholesaling Inc Podcast.
Every week, you'll get insider tips & tactics from some of the top wholesalers in the country. Plus, you'll hear real stories of their trials & tribulations - AND the valuable lessons they learned from it.
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