imagine being a wholesaler, marketing a property and jerry norton calls you... amazing!

You: let’s do a verbal agreement then a written agreement Dean: I don’t like doing it that way, I’d rather do a verbal agreement then do a written agreement 🤷🏽‍♂️

Some of these agents that pick up sound so rude off the cuff lmao. Every time I pick up a phone “ hello this is Jakob how can I help you?” How hard is that? Lol

The call with Sheldon was on point! Sheldon seems like a great wholesaler!

Currently binge watching and studying. I’m excited to start wholesaling

Jerry you had a lot of patience with that last caller, i would have hung up on him 3 min into the call lol 🤣

Really appreciate these live calls.

Great video, jerry YOU ARE A FLIPPING GENIUS

About time you make one of these videos Jerry! Lol. Thanks!

I've yet to make a deal because I'm so poor in cold calling and negotiating. These are great examples. Thanks Jerry.

Just the intro to the video is great. Love it

3-4 years ago I saw your videos and got extremely invested. After a month of binge watching you I attempted my first call(s). I ended up calling a lady, was able to offer, it was a diamond in a hat stack man. But he response was “wow that’s better than the deal I accepted not even an hour ago” an I was just do stumped. I was almost there. After that I realized a few other key things I was missing and they became over whelming to the point where I stopped. Next week I plan on going full force, Monday-Friday for 1 month. I was curious if you offer a close knit group chat, course, etc. I know you offer a lot of services just I’ve lost track of a few!

That fort Wayne one is the most difficult one ever.

I am looking forward to becoming a wholesaler myself, I'm just a little nervous lol I need more studying before I jump straight into it I really want to master these phone calls and know what it is I am talking about when I go to reach out to them and you're showing us a great way how to, taking notes.

I've dealt with nothing but difficult agents so far! They don't like wholesalers ..still hunting for my 1st deal

We have intermediary here in Texas, can't do dual but can represent 1 and the other will not be represented but treated honestly and fairly. In my office we have someone that can draw up the offer for the unrepresented party and make sure all forms are presented to the unrepresented party, etc. I can make offers in all of Texas.

These help so much. Thanks for posting.

The agent at 30:16 was kinda of irritating and by not presenting the verbal offer to the Seller isn't that NOT serving the best needs of the Seller and his responsibilities by agreement - I'm currently doing Agent outreach and it's a challenge sometimes when you get those agents like him.

your a genius

I’ve found, from personal experiences/videos, that some real estate agents are so difficult to speak with.

Sheldon is a seller of all markets

A lot of realtors forget that quote you’re their customer to your buying their product, their service that there representing”

Jerry, I need your help.. I saw a video with this famous investor (forget his name) saying that subject- to it's not good practice because the people that we take title from will still have the debt on the record SO when they decide to go buy another house their DTI (DEBT TO INCOME RATIO) we'll make them ineligible to buy another house.. So this guy says to do wrap around instead because it's taking better care of the customer🤔 I'm now confused:) Set this right in my mind please...

Hey jerry, where do you find wholesalers who are selling contracts? You are a flipping genius by the way!

Imagine calling a real estate investor a “Wholesaler” :)

Hey Jerry, You are THE Flipping Genius! God bless you man I’m praying you get to answer my question.. I am wondering if living in a state where there are restrictions on Wholesaling STILL apply once you take your business out of state, aka Virtual Wholesaling. I am living in Washington State, and I have done a lot of research but I STILL haven’t gotten a clear cut answer with reasonings if virtually wholesaling out of Washington will allow me to do my business freely without worrying about the instate Laws/Regulations... I know you are Busy Jerry, and Yes, I know about your 100% funding program, I want to do my deals and also do that 10k club thing too , I appreciate you for all you do.✊🙏

Hi @jerry ✌️ do you do rehabs on historic? San antonio? I heard the call on here for San antonio. Did u buy that one property?

So what does it really mean when you ask them to write for you and how do you sell a contract

When finding ARV, can you use the sold homes in the neighborhood that are not fully updated if there are no updated sold homes?

hey jerry when calling sellers agents you say your looking at the property as a flip, if im trying to wholesale a property is it better to say to the agent that im looking to make the property a flip or should i just say wholesale? thanks jerry

Sheldon did not sound like he knew what he was talking about whatsoever🤣

Hey Jerry (or any other experienced investors)...I've been sending 5-7 offers a day for the past week and mentioning the double dip incentive for the agent. All offers have been Nos. Awesome b/c I'm closer to a Yes. My question is should I be calling instead? What's the likely hood a call would help facilitate a deal if I'm never speaking with a seller directly anyway? Thoughts?

Are these places mostly around the same place ? I wonder because prices vary greatly on construction so unless you using the same company for renovations hard to know what it will cost. I live near Boston and 30k don’t get you far to making a dump look good

Hey, if you meant what you said about blessing 10k for leads? I have 1 for sure lead and want to submit it to you

These are the things that terrify me first how do I get the deposit to getting a cash buyer I've had about 20 contracts done but I can never get a buyer and then time would run out before I had to put the deposit diesel pieces of the puzzle I'm missing

I'd like to know how he finances these houses and how he started with the financing.

At 26min the agent is tripping!! The goal is too move the property not babysit the property like its yours thats so irritating!! Agents be trippin fr jerry your awesome tho my guy, flint town in the house

Hey Jerry, I sort of ask you before but I want to be clear because the agent I’m dealing with has me a little confused. On the top line of the contract it needs to state my “business LLC and/or assigned” is that correct? Because she is telling me I can only have my business name and then I would sign with and/or assigned. I hope you understand my question

How is it a cash offer of its Subto?

at 26:00 minutes.. Why doesnt that agent understand "Dual Agency" when theres a disclosure for that and him getting a double commission?

CHECK IN -- January 21,2024 -- 07:11 am

jerry love you man an all the info, but you got to work on your tone....

some agents really be yapping instead of getting to the point.

6:200

The first woman realtor, although cordial and easy to speak with, is sadly confused somewhere. She says that she cannot disclose prices!? I understand she cannot disclose other offer, price points, on behalf of our client, however, if a potential buyer is asking their professional opinion, on the overall market of the area, what policy, and or real estate statute, because I too am a licensed agent, is she referring to?! What does she think a real estate agent is? Just somebody who just makes money meddling other peoples houses sales? She is a real estate professional somebody is asking her the overall market value in the area for similar homes. She says that “she cannot disclose that? I beg to differ. However, don’t go head to head with an agent like that at all! For example, I wouldn’t say “what are you talking about? I’m a licensed realtor to and that isn’t policy. Why can’t you disclose with the market value is!!??” Instead say Ahh, I can totally understand your fiduciary responsibility and can appreciate your diligence. But let me ask you, are you telling me you can’t disclose your professional opinion on the overall market area on similar homes to potential buyers?” She’s obviously annoyed at something other than Jerry, calling her, has probably had a plethora of inexperienced to experienced Cash Buyer‘s, Investor‘s, and Wholesaler‘s alike, calling her about this property. Unfortunately, some of the stuff that Jerry is saying, she’s heard numerous times, and has been desensitized to the unsuccessful outcome. A good way to get around something like that, but don’t get too caught in the weeds, is grab her attention through your enthusiasm. Do that through tonality. Do you want to act as confident as possible like you do this all the time, I’m not saying Jerry is not initiating this at all, he’s doing great, actually, especially when he stayed on her about the price points, etc. I see a lot of newcomers fail because they get so angry when challenged by a realtor. A lot of real estate agents are going to say stupid shit that isn’t true, thinking that you don’t know the difference. The thing is you’re going to prove to them that you know the difference without proving it directly and in their face. If you challenge them head to head, you will just be pissed off with no deal. Yes, she has to present any and all offers to our client, but let’s say that she simply lies and says she did, and they don’t want it, and you have proof she never did, do you even know where to start? point is, don’t even start an argument or confrontation to begin with especially if you know that they are wrong. Instead, prove they are wrong through demonstration and language. There’s a certain decorum of conversation that needs to be established even when you’re cold calling this type of professional. You don’t want to use big words, etc. in addition, don’t explain that you plan on wholesaling the property. It’s none of their business and if they ask you what they’re basically asking you is this quote what exit strategy you’re using to invest in this property?”, are usually say to them that I have numerous strategies that I utilize I’m not sure which one I will be using but all I do know is that I can close within 10 to 15 business days, is that a problem with you? That usually gets them off your back. Although she was very cordial like I said, listing agents like her is the reason why the market seems so volatile sometimes. Although as investors, we learn how to adapt and be flexible, so no matter what type of market we are in it doesn’t matter we just adjust accordingly. With agents, especially those who really don’t think outside the box and really need someone to guide them like a “broker“ That brokers gonna guide them in a direction that benefits, their office, their company, and intern they get a commission. That’s it! Either a deal works or it doesn’t for them, there’s only one type of transaction, etc. in their mind. The reason being and this is coming from somebody that took two different state tests and license in two different states, we Bradley covered investment strategies within the test. Before each licensed test, you have to acquire about 36 hours of work or a class time to get your certificate to take the test. The test and the study materials covered assignments and creative investing like half a page and it was very vague. As a matter of fact, the Rhode Island test didn’t even have anything about thinking outside the box or any other type of strategy. the same can be said for schools! When I was in high school, which was years ago since I’m now 40 lol, I remember I took advanced economics. Even on the college level, I took economics and never learned how to take debt and utilize it to build wealth. So here I am in a advanced economic class learning about utils of satisfaction and complex supply and demand chart lol. When those schools could’ve taught me how to to get a bank card or credit card, max it out on investment, get in return income of that investment higher than the maxed out card pay off the maxed out card along with all penalties and interest and keep what’s left over. They don’t tell you anything just like how real estate schools don’t tell you anything about thinking outside the box. These are what are known as advanced structures and specializations. They used to have a home path certification and in some states a REO certifications. Usually in these courses, they touch base a little more specified with creative financing, etc. but usually frowns on it in these courses. Obviously because the banks control most of it and they are basically like a donor is to a candidate. Why would they teach you how to bypass them to acquire properties? That’s just how it is. Instead of speaking against it yelling at it, complaining about it, work against the grain, strategize and structure your business formula to bypass any obstructions. I like how Jerry does this.

( Can you send me back the signed contract with you initialing the contract for the option period.) I negotiated with an agent and signed a contract, and then he sent this what should I do? Can anyone help?