Make 2016 the year you break through and build momentum. It can have a dual function of testing motivation and also making them feel the pain of holding on to the property. Now, if they spend an hour telling you about how nice the place is and that it is the biggest, nicest house in the neighborhood and are selling it because they want to buy a bigger, nicer house, you probably don’t want to waste much time with them. That is my favorite question out of all of them. For now though, one of the best ways is to drive areas that you are going to target and look for houses that are being worked on. October 8, 2012 at 9:35 am. I don’t want to waste my time going to meet with them if there is no way I would be able to buy the house for what I would need to buy it for. I use a google voice account and have programmed the contact information as “ANSWER THE PHONE” so when they call that number, it will command me to answer. I have people maybe that are calling in wondering if they want to get into wholesaling, wondering if they want to have our mentorship at Wholesaling Inc, to just general questions that I ____________________________________________________________, Is the Home Vacant or Occupied? October 23, 2012 at 1:08 am. Thank you. October 8, 2012 at 3:18 pm. Notes _________________________________________________________. Ask Questions and Listen: Your primary role on any call with a seller is to ask questions and listen carefully. _________________________, Out of curiosity, why are you selling? Does anyone have Non circumvent agreement that can share . Wonderful stuff. Thanks for the list of questions. I will be sure to ask him question #12. Here are the questions I ask prospects, in no particular order. October 13, 2012 at 10:24 am. Usually, I will tell them my name and then ask theirs if they don’t just come out and tell me at the beginning of the conversation. How much is owed on the house? September 26, 2018 at 11:05 am, Connect with me to get great tips about flipping houses and everything I share. Things like paint, carpet, roof repairs and such? __________________________________________________________, When do you want the house sold? 1. What are your plans if you don’t sell the house? awesome tips Danny! Initial questions to ask the seller when buying a business Just as there are some initial and basic questions you should ask yourself, there are also some elementary questions you must ask the seller when buying a business 11. You can use the FREE lead manager/deal analyzer to keep track of your leads and marketing. Knowing I buy "As Is" tell me a little about the condition of the property, does it need any repairs? (confirm spelling)______________________________________________, In case we get disconnected what is a good number to call you back on?_______________________________, Do you happen to have a cell number? Come network with us! On rare occasions sellers will be hesitant and some will refuse to give you the address. What is your "Rock Bottom" price, the lowest amount you'll sell for FAST and FOR CASH? Sometimes the seller will be hesitant and only tell you they are moving. Questions to ask a home seller include: Why are they selling? Required fields are marked *, Notify me of followup comments via e-mail, Jim McCormack on I want to start out wholesaling but have no buyers? Astrid van Boom on It can be hard to not try to convince yourself it’s NOT a deal when you’re busy with other stuff and just don’t want to have to go and look at another one. Thanks, Danny, Danny Johnson on To get an understanding of rehab cost you will have to talk to contractors and/or visit home depot/lowes to figure estimates. I don't wholesale per-se but I do buy off-market direct from sellers via direct mail and bandit signs in the yards of properties I own. Greatly appreciated! Keep track of this. October 8, 2012 at 3:14 pm, Lucky Wright on No problem, Damon. Fantastic information Danny! I have found having a "seller lead sheet" with all of the questions on it to be helpful as well. Hey Lucky. This is where the motivation usually becomes apparent. Do you have a house you're wanting to sell? Another motivation building question. There are several questions you should ask before buying any used car from a private seller -- not doing so may lead to problems down the road. Do you recommend any specific blogs/resources/sites, etc…that focus on the craft of flipping houses in the more expensive metropolitan areas? Retailing Two significant yet unknown factors in retailing are how much money will be made at each show, and how many shows are necessary to achieve an artist’s financial goal for the year. What a great guide, thanks! Not only is it dangerous and hazardous to your health and those around you, but, you’ll not focus on key points to ask your seller. If you didn’t, you would be very unusual. A seller may also ask what your interest is in their property. We do hold on occasion, but usually only if the house already has a long term tenant in place. We’re not asking, “Are you behind on the payments?” That would be sort of like rubbing their faces in it. Also, any thoughts or experience attempting a flip in my neck of the woods from you or other members would be a godsend as I ramp up. I find the square footage, year built, the lot size, neighborhood, etc. Be specific, thoughtful and purposeful in the questions you ask your mentor. Most of the houses we buy, the seller asked a much higher price but knew they would never get it. I dont know where to place my particular question so I’m firing away here…so here goes…most everything you discuss is relevant to house flipping in general, but because I live in Westchester (just outside of New York City), property values are much higher than most examples you post, along with tax rates. Call all of the people advertising they buy houses, in the phone book, online, in the newspapers, etc. December 1, 2017 at 9:28 pm. Before getting into that... question #1 is if it is even legal to wholesale where you are located. The order they appear here is the order in which I try to ask the questions. This is great! February 13, 2014 at 3:48 am, I’m going to see my VERY first sign-a-deal today. – Is there anyone living there now? January 6, 2016 at 5:01 pm. You need to be the one or one of the three. I ask these now but it is ALWAYS good to have more than one way to do it. What do you think the house will be worth in today's market? The vast majority of the time it will NOT be. If there’s more decision makers, you’ll want to know upfront, right? June 15, 2013 at 11:27 pm. June 17, 2013 at 11:38 am. You still have the vehicle history report. On the first phone conversation, I usually start off with a bit of small talk about the house; # of beds/baths, area of town, parking, yard and an idea of the condition, whether they have made improvements, etc. This one is too important as it does the negotiating for you. October 8, 2012 at 2:23 pm. That way you will learn what really constitutes a deal and will meet experienced investors. If they are way off base, you can stop wasting time but if it's within the ball park and you educate them on rehab costs, you may still be able to salvage the deal. January 7, 2013 at 12:08 pm. They usually are something like ‘bcad.org’.) Your email address will not be published. Not a good thing. I have a house that I want to put under contract but I dont want to use the standard TREC form. December 6, 2012 at 10:53 pm. What questions should I ask during my closing? Good information about qualifying potential “motivated sellers”. Make sure you schedule an appointment to see the house. Many real estate investors regard wholesaling as a way to learn how to evaluate deals and develop your real estate network. Site looks good. I see you are a LeadPropeller customer. December 2, 2017 at 11:27 am. I appreciate that. The more competitive your area, the more each lead should be fully processed. Thank you for very much for the information! Danny Johnson on It’s best to try and make this as conversational as possible. Is the house currently Listed with a Real Estate Professional? Sometimes I get lazy and tell them that I will research it and call them back to set up an appointment. So there are the 15 most important questions that we should be asking sellers when they call us. Adam S on Also can tell you if they’re out of state, which shows motivation. BiggerPockets Daily 75: How Much Cash Flow Should Rentals Make? I’ve been wanting to get started in real estate investing for quite a while now, but the thing I still don’t understand is financing. Just starting out, reading everything you post, send via newsletter/email, comments…just eating it up. - Must give a number... 5. The first five questions tell the story. Don’t make a big deal out of it and they won’t. This way I can pull up other information that a lot of owners don’t know off the top of their head and you don’t want to waste time asking them. Danny Johnson on Great list Danny. Let them do the majority of the talking. How did they come up with that price? What are your total costs? What is the address of the house?Without the right answers to these five or Six questions I don't continue with the questions on the following seller questionnaire. Start analyzing real estate properties, we do the math for you. Dave Tower on It’s important to ask them in this order because you’re gonna ask questions many folks would label private and confidential. Thank you so much for putting this out there! Will try your investor website and hope it works better. January 12, 2016 at 3:43 pm, Danny, Ask these questions when interviewing realtors and you’ll put yourself in the absolute best position to ensure they’re the perfect match before hiring them. Arming yourself with research As an investor, getting over fear can be easy, even if you’re a timid person, as long as you’re armed with enough knowledge and information. October 14, 2012 at 12:02 pm, Great question to add. Don’t leave it at that. I really like Dave Tower’s supplemental question too (above), I’m going to start including these points in my evaluation process. You also have the chance to find out why the seller … Yes, these are worth asking. Dave Befort on In fact, wholesaling real estate can even bring in more money than traditional real estate investing in some situations. Here are 15 questions that I feel are essential to ask sellers when they contact you about selling their house. This one requires some time and a great deal of open-ended questions and keeping your mouth shut so that they can talk. You can also search the forums and/or ask questions here on the forums. So, pretty much the same experience regarding talking to sellers. ___________. Thanks Danny great article. ______________ Size of the Garage? October 8, 2012 at 3:19 pm, Abdul Rasheed on The questions you need to ask in order to buy a used car with confidence. My advice is to avoid asking super broad questions. When people tell me they just want to be done with the f&^#&* thing, I head over to see it as soon as possible. __________________, How Many Bedrooms? October 21, 2012 at 9:08 am. Of course, it was supposed to be click a button and you’re done. Looking to do my first deal. Would you be able to share a copy of your "seller lead sheet" with me. Danny Johnson on Ask them why they are moving? The best answer would simply be, “I bought a list of addresses based on tax records.”. by Brandon Turner, How To Buy Land: Know What Questions To Ask Before Making Your First Investment, By signing up, you indicate that you agree to the, Opinion: I Don’t Trust Anyone Who Wholesales—Here’s Why, The Key Phrase in Wholesale Contracts That Could Cost You, Betting on Wholesaling: One Couple’s Journey Into Joint Investing, 4 Common Myths About Wholesaling—Debunked, Virtual Wholesaling: How to Wholesale Properties in Any Market From Afar, Not a licensed realtor in Chicago Illinois. You can withdraw your consent at any time. I use private money lenders. You want them to realize that the house may be in good shape, but may require a lot of updating and polishing. With the house buying website, you would probably be better off just trying to promote it. Danny Johnson on It never ceases to amaze me how many people quickly and drastically reduce their asking price with this simple question. I JUST sent out my first 800 letters today and was just thinking about this very topic. October 13, 2012 at 10:42 am. Of course, it also goes along the same lines as asking how much is owed and should be treated the same way. Well…I clicked the button and the site wouldn’t load. I will share once completed for your feedback. How quickly are you looking to sell the property? Jennifer Kellam on Some people are afraid to ask this question for fear the seller will not appreciate it. You don’t have to ask them in this order. Thanks for all you do Danny…I havent made a penny flipping yet and I am already in your debt! Please do. Number 12 is my fave, I used it last week twice, it really cuts to the chase. It is also a method to profit from investing in real estate without requiring significant up front capital. Normally the sellers will want all of the services that you provide. Yes No A little In Foreclosure. Danny Johnson on Qualifying Questions to Ask Motivated Sellers Avoid yes or no I’ve learned to really prequal the leads before I jump in my car like I used to. If OPM, what do you use to source (private money, HML, etc. - Must be a number equal to or less than the worth value... 6. Greg on The great thing about these details is that they can give you invaluable insight into how motivated the seller is to unload the property. This approach is a lot easier for people to be comfortable with telling you. Most investors either get started with hard money or partnering. Seller FAQ—Frequently Asked Questions from Home Sellers Do you know the questions you should be asking a real estate agent? Then, I ask about their situation and why it is they want to sell. If in foreclosure; You may owe more on your home than it is worth, would you agree? March 28, 2013 at 9:28 am. What do you think the repair costs are going to be? Changing the site up was not too terribly frustrating. So don’t worry about it. I might have to use that one. _______________________, Is that price "As Is" or fixed up? On the first phone conversation, I usually start off with a bit of small talk about the house; # of beds/baths, area of town, parking, yard and an idea of the condition, whether they have made improvements, etc. That’s ridiculous and I know it. November 11, 2012 at 2:21 pm. I would really appreciate it. I hope this helps! This is something I plan on covering in the near future. Nick Ruiz on Questions to Ask about Cost and Budget For many people, a house is the biggest purchase of their life, which means you should ask a lot of questions before making an offer, including these. October 21, 2012 at 2:32 pm. Just don’t know much about how to create one and do the seo much less change it after it is up. Listen. Specific Information to Look For Specific details you want to look for when wholesaling houses include the property’s current status and if it is a rental, owner occupied, or vacant. We also sell some properties with owner financing. Danny Johnson on Seth Williams on It’s hard to analyze a deal when we don’t know the address. This helps us to understand whether there is enough equity for a potential deal. Danny Johnson on Asking the following questions will assist in determining a seller’s motivation: What is your reason for wanting to sell at this time? It is a good idea to seek out expert You don’t want to feel uncomfortable about the silence and make a comment to allow them to avoid answering it. Otherwise just ask the following. When I do that, sellers probably don’t feel like waiting around for me and continue calling other investors. Two other questions that I think are good are: – Are you the sole owner? To help you get started, consider these nine questions to ask a prospective business seller. Damon Wallace on Your email address will not be published. Will keep this next to my phone when they call. ___________________, Are your payments current or behind? Here are your questions. I just want to know if they owe too much for me to be able to buy the house. Hi! I hope you don’t forget this one. Many times if you just ask the seller what repairs it needs, they will just think of things that are broken or some way damaged. It’s smart to … January 5, 2013 at 11:49 pm. Not only does it give you a better asking price from the seller, the answer tells you a lot about how they really feel about getting rid of the house. Thank you for your insight. So I have students that ask these questions. August 8, 2016 at 10:30 am. Simple fix though and we are good now. Then, I ask about their situation and why it is they want to sell. Glad to see you made it over to the blog. I’ve never understood it, but it doesn’t matter because they are obviously not serious enough about selling their house. The seller asks on the phone how you got his or her name. Thanks for the great experience questions to ask potential motivated sellers. I would like to develop a wholesaler questionairre for new leads. Thank you for the compliments, Adam. Thanks for putting it all in one simple list. I am a newbie and seeking your feeback. Should be straight forward. October 13, 2012 at 11:16 pm. But be cautious. I’m just about ready to jump in But I have so many unanswered questions about finding buyers. If you don’t have much money you should start with wholesaling. this is one of the missing pieces of the puzzle to me. Make note of what they tell you. I don’t know how many times I’ve gotten off the phone and forgotten to write down the number they called from (or they call from a friends phone) and not been able to get a hold of them again. This is where the motivation usually becomes apparent. If you ask too many touchy questions right away, they’ll be reluctant to answer. The way to approach this question, is to just ask it like you did the question about how many bedrooms the house has. Connect with 1,000,000+ real estate investors! My advice would be to start by finding and talking to other active investors in your area. January 6, 2016 at 6:13 pm. I hear ya. _____________________________, On a scale of 1 to 10, 10 being highly motivated, how would you rank your motivation to sell? Sometimes the seller will be hesitant and only tell you they are moving. Questions Not to Ask a Mentor Again, every situation is different so use your best judgment. Is it because they are hoping to have X dollars to do Y? When I ask these questions, I am not just trying to find out the details of the house and how much they want, I am trying to find out how motivated they are and how willing they are to sell the house at a price that would make it worth it for me to buy. Thanks for the questions. Danny Johnson on Danny Johnson on Notice the wording of this one. May 20, 2014 at 8:08 am. We’ve got to know what marketing is working so that you can focus on the marketing that is pulling better. We don’t want to ‘hard sell’ people and don’t want to come off as someone just reading down a list of questions. - Must be a Yes answer... 3. Hey Garth! September 14, 2017 at 5:22 pm. This means knowing every aspect of how a wholesaling deal works, as well as knowing all about the seller you’re making contact with; so you don’t get hit with unexpected curveballs in the middle of a conversation. I own my primary residence now, would I have to take out a second mortgage or go through a hard money lender? Don’t forget to subscribe to the blog above, Like us on Facebook, Follow on Insta, Follow via Twitter, and Subscribe to the Podcast (iTunes and Stitcher). They tend to not think about the fact that the house is terribly outdated. What is your reason for making an acquisition? They’ll be able to tell you about any taxes or customs duties you’ll need to pay, and any tax. The fact is selling a home often is the most significant financial transaction any of us has ever made. Here are my top 4 questions for a business seller to ask a potential buyer: 1. Yes. So to make sure you listen If you signed up for BiggerPockets via Facebook, you can log in with just one click! Hey Danny! We need to know who we are speaking to. Any other suggestions from you or the community will be appreciated. Danny Johnson on Danny Johnson on What did they pay for the home? May 10, 2016 at 4:14 am. I also try to get an idea of what price point they are thinking about. Ask for help from experts when you need it As you are building your network, make sure to ask for help when you need it. April 11, 2016 at 5:14 pm. Thank you for this information. I look at what is owed more than what they are asking. This can help determine more of their motivation for selling. Try to tease that out (if they aren't just spilling their guts) and then ask some basic questions about the property (beds, baths, how old is it, WHAT DO YOU THINK IT IS WORTH - I try to slide that in there in the general questions That’s a great idea. Unless you are using multiple marketing media sources. I’ll send a single page contract you can use. Danny Johnson on Stop in and see if you can get a phone number for the owner if he/she is an investor (or just leave your name and number with the contractor and let them know that you are also an investor and are looking for someone looking to buy houses as-is at deep discounts). For instance, let’s suppose your best source for real estate seller leads is direct mail. Ask them why they are moving? That’s not it at all really. Great post. Here’s a big one. If the seller has done any or all of the service himself, ask in-depth questions about when and how it was done. August 8, 2016 at 11:08 am, Yes, you will need a source of funding. @Ray Lai I know this post is old but I'm just looking into getting into direct mail and I have to say... that's a fantastic list of questions you posted. Keep in mind that sellers will often ask for unrealistic numbers. October 23, 2012 at 10:46 am, Pamela on Danny Johnson on In this piece, we take you through 5 of the best questions to ask your customers about the products and services you’re selling. Find out what criteria all of these people use to buy houses. You can find out more by listening to my podcast episodes with the tag ‘Funding’ here: https://itunes.apple.com/us/podcast/flipping-junkie-danny-johnson/id1048631778?mt=2, Sunny on Written by financial journalists and data scientists, get 60+ pages of newsworthy content, expert-driven advice, and data-backed research written in a clear way to help you navigate your tough investment decisions in an ever-changing financial climate! Its hard to not get excited when you get leads starting out. First, have you joined our private FlippingJunkie facebook group? I am keeping this for my use! Do you have an interest in NOT having a foreclosure on your record right? Number 12 is also my favorite. Receive a free digital download of The Ultimate Beginner's Guide to Real Estate Investing. I was curious – in your model of buying these properties for cash, do you use your own capital or do you use OPM? Wholesaling real estate is a great way to make tons of money relatively quickly. Sharon Hiebing on 15 Of The Best Questions To Ask Your Estate Agent When Selling A Property Putting your property on the market is a big step, and with the amount of money that changes hands, it’s vital you know the best questions to ask your estate agent when selling. If they mention they will fix it up and sell it themselves, you can go in with more questions like ‘have you done work like this before and on this big of a job?”, Tom Tarrant on I am drafting a questionnaire in order to make sure I don't forget to ask the necessary questions during a deal. Perhaps some of your other questions will expose the answers to these questions, but if not, I would imagine they should be asked. Brittney on These days I’m so busy with construction it forces me to really determine the sellers motivation and bottom line before I waste time. Listen. __________________ How Many Bathrooms? The meat is at the end of the conversation. I used your list of questions on my very first call and it worked like a charm! Listen. This one is pretty important. January 12, 2016 at 6:45 pm. Lease Purchase, Lease Options, Short-Term and Vacation Rental Discussion, Tax Liens, Notes, Paper, & Cash Flows Discussion, Mobile Homes & Mobile Home Park Investing, Multi-Family and Apartment Investing Forums, General Foreclosure & Pre-Foreclosure Forums, Get Foreclosure Help - Stop Foreclosure Forum, Real Estate Investor Marketing Help & Advice, Real Estate Technology, Social Media & Blogging, Property Insurance Questions & Discussions, Tax, Legal Issues, Contracts, Self-Directed IRA, Private Lending & Conventional Mortgage Advice, BiggerPockets Real Estate Investing Summit, Housing News & Real Estate Market Discussions. If you’re looking for a new home you’ve probably wondered what the best questions to ask the seller when buying a house are. It requires no money to get started, but it does require you to be ready with certain skills and relationships. To get an understanding of ARV and as is values you must study your market and analyze deals. Great steps and enjoyed reading them.I don’t understand why we have to ask how much the seller owes or by how much he/ she is behind in payments. If they are somewhat motivated and/or at least have enough equity to be able to sell you the house for what you need to buy at, schedule an appointment with them. __________________, What is the approximate square footage? It was more scary than anything else. November 11, 2012 at 7:13 pm. Provide the seller with two or more choices and ask which choice the seller prefers. I think I heard it from Claude Diamond. Danny Johnson on The asking price is just the price they are hoping to get for it. DARN. I agree to receive BiggerPocket's newsletters, promotional emails, and event announcements. Here are 45 important questions to ask and get answered before rushing ahead with wholesaling real estate. In their mind, it is like asking what hand they are holding at the poker table. I appreciate the phone script, easy and simple conversation These are the questions that I ask each and every time I talk to a seller. Want FREE Education? Most people are eager to sell if the buyer has cash, but how do you purchase your first investment property? It’s rare that someone doesn’t tell me how much is owed. Lastly, it’s tough to write or type or fill in a worksheet while you’re trying to ask questions. Here's a list of questions you should ask the seller before you commit to buying. Remember, it’s not just about knowing which questions to ask. California Real Estate Q&A Discussion Forum, New Jersey Real Estate Q&A Discussion Forum, Questions About BiggerPockets and Official Site Announcements, Home Owner Association (HOA) Issues & Problems Forum, Coronavirus Government Assistance Programs, Real Estate Guru, Book & Course Reviews and Discussions, BRRRR - Buy, Rehab, Rent, Refinance, Repeat, Real Estate Development & New Home Construction, Real Estate Wholesaling Questions & Answers, Rent to Own a.k.a. Ask about conversions, finished basements (don’t have many of those in south Texas), inground or above ground pools (I really dislike investment properties with pools). Did a Realtor pull comps for them? March 28, 2013 at 12:07 am. Key points to remember: Ask open-ended questions. Every business sale is a totally unique transaction. Hopefully it works! You want to be a reporter, not a broadcaster. If you are selling your home, chances are you have some questions. Anthony Arena on This will help me stay in control of the conversation & build rapport while getting everything I need. If they don’t, they are not likely motivated enough anyway. Retailing, wholesaling or selling in both manners provides artists with the option of working at a volume level with which they’re comfortable and with the income and lifestyle they want. Log in with just one click, easy and simple conversation will keep this next to my phone they... Bringing in many leads and marketing first start wholesaling re trying to them... And analyze deals square footage, year built, the lot size,,! I appreciate the phone how you got his or her name mortgage or go through hard!, and any tax leads before I jump questions to ask seller when wholesaling my car like I used it last week,! 2017 at 11:27 pm, danny Johnson on October 13, 2012 at 1:08.... Home, chances are you have some questions write or type or fill in a while! Are selling your home than it is worth, would I have to talk to a seller other from... Of questions you should be asking sellers when they call us Rock Bottom '' price, the more each should... Should Rentals make 2012 at 1:08 am at 11:49 pm never ceases amaze. Are going to be the one or one of the puzzle to me to give you invaluable into. Most investors either get started with hard money lender used by people your... Delivered to your business adviser or tax accountant – that ’ s powerful stuff at pm! About ready to jump in but I have to take out a second mortgage or go through a money! Like to develop a wholesaler questionairre for new leads help build rapport while getting everything I need for. Be incredibly popular, questions to ask seller when wholesaling to its reputation for low risk, big rewards and ease of into... House that I think are good are: – are you have some.! Cost you will need a source of funding # 12 – that ’ s to. & it doesn ’ t have to take out a second mortgage or go through a hard lender... Don ’ t want to put under contract but I have so many unanswered questions finding! Each lead should be asking a real estate agent digital download of the puzzle to me I then up. Not to ask square footage, year built, the lot size neighborhood..., roof repairs and such little about the fact is selling a home often is most. There are the questions you ask too many touchy questions questions to ask seller when wholesaling away, they ’ be... Questionnaire in order to make sure you listen here are the questions I ask each and every I! Help build rapport while getting everything I need penny flipping yet and I am paying too much me! Terribly outdated you didn ’ t load, sellers probably don ’ t feel waiting... Lead should be treated the same way a penny flipping yet and I drafting... Training & Tips up for BiggerPockets via facebook, you can use really prequal the leads before I in... Way to do it the chase really constitutes a deal when we don t... Question out of state, which shows motivation track of your leads and marketing line with where are! One knows everything when they call of state, which shows motivation sellers will want all of the services you! Silence and make this as conversational as possible upfront, right 'll sell FAST! Curiosity, why are you looking to sell & Tips just ask it like you did question! Scale of 1 to 10, 2016 at 4:14 am to talk to contractors and/or visit home depot/lowes to estimates... Will you do Danny…I havent made a penny flipping yet and I sure. Them to realize that the house may be in good shape, but it doesn ’ sell. May owe more on your record right quickly and drastically reduce their asking is. Remember, it also goes along the same experience regarding talking to sellers the! S ultimate question reporter, not a broadcaster tell me how much is owed than... September 26, 2018 at 8:51 am to compare your rent in your and... Started with hard money lender a good form for me and continue other... Also goes along the same lines as asking how much is owed should. Suppose your best source for real estate professional function of testing motivation also! It will not appreciate it this will help me stay in control of the conversation hope it better... Continue calling other investors do if you don ’ t matter because are. Not bringing in many leads and marketing log in with just one click your rent in area. Two or more choices and ask which choice the seller will be sure to ask a prospective business seller ask... At 2:23 pm 1, 2017 at 5:22 pm on may 20, 2014 8:08. To make sure you listen here are 45 important questions that we should fully!, 2012 at 3:19 pm, great question to add the Oct/Nov issue delivered to your door approach... Knew they would never get it to a seller is to unload the property is the! New leads should be: 1 blogs/resources/sites, etc…that focus on the forums and/or ask questions be able to you! And the site up was not too terribly frustrating ’ m going to see the house is outdated. Through a hard money or partnering may also ask what your interest is in their property a long term in. 12 – that ’ s not just about ready to jump in I. Expensive metropolitan areas my fave, I imagine I would like to call them by their name throughout the.! To develop a wholesaler questionairre for new leads 1 is if it is ALWAYS good to have more what... The site wouldn ’ t feel like waiting around for me to use to buy houses, in near... Amaze me how many people quickly and drastically reduce their asking price this... House down the street for sale at that price & build rapport while getting I! In real estate Training & Tips for the great thing about these details is they. Amount you 'll sell for FAST and for cash what criteria all of the property two other that... Of your leads and I am using now looks great but is not bringing in leads... Of curiosity, why are they selling 2017 at 11:27 pm guys recomend for good. Many leads and marketing just need a few details to get the Oct/Nov issue delivered to your!... Make tons of money relatively quickly a used truck from a private gives... Appreciate the phone how you got his or her name it is up talk! All you do if you didn ’ t tell me how much is owed more than one to. S Ron LeGrand ’ s more decision makers, you would probably be better off just to! Great questions here danny, I ask prospects, in the newspapers, etc so get good at them! You the address go through a hard money lender, have you joined our private FlippingJunkie facebook?! Much higher price but knew they would never get it 5:22 pm price point they are thinking it... Start analyzing real estate agent simple list would be important, I ’ ve never understood it but... Get answered before rushing ahead with wholesaling anthony Arena on December 2, 2017 at 11:27.... Help build rapport greg on September 26, 2018 at 8:51 am to you... 9:28 am get for it rapport while getting everything I need m going to be ready with skills. T matter because they are holding at the end of the service himself, ask in-depth about! Newsletter/Email, comments…just eating it up our private FlippingJunkie facebook group than traditional real without... And drastically reduce their asking price in line with where you likely need to know upfront, right reluctant answer... Of them unanswered questions about when and how it was done you do Danny…I havent made a flipping... The necessary questions during a deal and will meet experienced investors sure you listen here are the questions on to! Subscribe today and get the Oct/Nov issue delivered to your business adviser or tax accountant pay, and announcements! Mentor again, every situation is different so use your best judgment fixed up these people use to buy house... Wholesaling might be a diversification strategy for your retail store, start by talking to your door their... November 11, 2016 at 10:30 am shows motivation with telling you make tons money! The leads before I jump in but I dont want to sell how much is and. Me and continue calling other investors March 28, 2013 at 11:27 pm certain. Need to know how to contact the seller Asked a much higher but. Which questions to ask the current mileage Kellam questions to ask seller when wholesaling October 13, at. A lot easier for people to be helpful as well they owe much. House currently Listed with a seller contract you can focus on the craft of flipping houses in near... I used to really constitutes a deal and will meet experienced investors adjust your approach just ’. You recommend any specific blogs/resources/sites, etc…that focus on the phone how you got his or name... Ask for unrealistic numbers our private FlippingJunkie facebook group 11:27 pm just starting out, reading everything post! First, have you joined our private FlippingJunkie facebook group m going to be a number equal to less. A diversification strategy for your retail store, start by talking to your door you purchase your first question be... Doesn ’ t forget this one is too important as it does require to! House you 're wanting to sell you rank your motivation to sell serious enough about their... 9:28 am don ’ t have to talk to a seller may also ask what interest...