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116: Setting Expectations with Your Seller
Manage episode 402857901 series 3441909
内容由DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood提供。所有播客内容（包括剧集、图形和播客描述）均由 DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood 或其播客平台合作伙伴直接上传和提供。如果您认为有人在未经您许可的情况下使用您的受版权保护的作品，您可以按照此处概述的流程进行操作https://zh.player.fm/legal。
Want to get into wholesaling but unsure what happens once you get a deal under contract?
Today we cover how to set expectations with your seller to ensure a smooth and successful deal that closes on time and gets you paid.
Summary
In this episode, Ryan discusses the importance of setting expectations for sellers in real estate wholesaling. He emphasizes the need to communicate clearly and regularly with sellers to minimize their anxiety and stress throughout the transaction. Ryan also highlights the significance of due diligence, finding a buyer, and presenting the purchase agreement confidently. He provides insights into the next steps after signing the contract, including title work, inspections, and communication with the seller. Ryan advises on handling delays and extensions, as well as the importance of providing regular updates to build trust and credibility with sellers. He concludes by emphasizing the value of creating a positive experience for sellers to generate referrals and repeat business.
Takeaways
• Setting clear expectations with sellers is crucial in real estate wholesaling to minimize anxiety and stress.
• Regular communication and updates with sellers help build trust and credibility.
• Due diligence, finding a buyer, and presenting the purchase agreement confidently are essential steps in the process.
• Handling delays and extensions professionally and transparently is important for maintaining a positive relationship with sellers.
Key Talking Points of the Episode
00:00 Introduction
01:21 Why is it important to set expectations with sellers upon signing the contract?
02:10 What are the benefits of setting seller expectations early in the deal?
04:20 How can your contract affect your confidence during the deal?
05:48 What should happen after getting the contract signed by the seller?
07:38 What is the importance of keeping your seller updated through every step?
10:07 What could happen if you do not communicate with sellers throughout the deal?
11:37 Why is it important to not give your sellers false expectations?
13:34 How can including seller expectations in your process help make deals easier?
15:08 Why is it important to focus on the experience you’re creating for sellers?
Links
Free Resource: Wholesaling Contract
https://dealmachine.com/contract
David's Social: @dlecko
https://www.dealmachine.com/pod
Ryan's Social: @heritage_home_investments https://www.heritagehomeinvestments.com/
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