Watch Me Negotiate With A Seller LIVE

Рет қаралды 181,765

4 жыл бұрын

Welcome to another watch me video where you get to look over my shoulder and watch me wholesale houses live. On today’s video, watch me negotiate directly with a private seller and this is the 3rd video I’ve done about this deal. If you’ve been following, it’s It’s the marijuana house in MI that caught on fire. Never a dull moment in this business. So watch me get on the phone and negotiate this deal.
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Jerry Norton went from digging holes for minimum wage in his mid 20's to becoming a millionaire by the age of 30. Today he's the nation's leading expert on flipping houses and has taught thousands of people how to live their dream lifestyle through real estate.
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Пікірлер: 627

@UltimateBargains 4 жыл бұрын

Never let a contractor, not even if the contractor is your mother, meet with the seller without you having a fully signed contract, or else the contractor will negotiate their own deal with the seller.

@watsondesigncompany4442 4 жыл бұрын

Great tip!

@wsefardicus 2 жыл бұрын

That’s right!

@jamesdempsey5702 Жыл бұрын

Yep had an investor/contractor steal a deal like that from me last summer

@ErectileManagement 4 жыл бұрын

This video opened my eyes to the fact that I need to work on my negotiation and communication skills. I've been a negotiator since I was a child, but when the other party gets defensive and elusive like this seller, I have always just walked away. I was and still am entirely surprised that he eventually agreed to the terms, I was 100% certain there was no deal here. I've been leaving tons of money on the table......

@mattpatrick2564 3 жыл бұрын

Staying calm and coaching them thru the details is such an important skill, you’ve obviously mastered both.

@cold_steppa3921 3 жыл бұрын

Jerry, your bold, patient, and calm😂there’s no way I would’ve let him talk over me or call him back and persuade him to sell me that house with his attitude. You’ve just made me realize I need to work on that. You’re a flipping genius 😎

@calejandro4075 2 жыл бұрын

This is exactly how every deal I’ve had goes down. Even right down to the tone. You handled it like a pro and I respect it.

@cheifboyardee48 4 жыл бұрын

Hands-down my favorite wholesaling content creator out there. Seeing these real deals give me, an inexperienced student, SO much insight and clarity on the timeline and expectations of a deal.

@FlippingMastery 4 жыл бұрын

🙏👊

@lanceburns3404 4 жыл бұрын

Thats facts. No other wholesale youtube channel comes close to this one

@FlippingMastery 4 жыл бұрын

Lance Burns 🙏🙏🙏🙏

@ryanthompson3659 4 жыл бұрын

@@lanceburns3404 there are other live wholesale live content creators on yt although they don t nearly match up to Jerrys ability to communicate with these prospects.

@thewisetemple 4 жыл бұрын

Mr. Flipster im kinda lost in a few places .im trying to become an whole sale investor i most deff. Love yur content. Def. My go to. And sorry if its to late. My question is i looked up an house i found in my nieghborhood and it says its off market which means i can never buy this house , should i move on? And its trulia estimate is 29,632 is that how much the house value is and i should be getting a seller to atleast sell for 20,000 to make 9,632? Is that how it works? I would truly appreciate you taking the time to atleast view this and also helping me out. Then if i can get it for 20,000 do i then try to sell it for that 29,000 . is this how it wrks? Once again thanks again

@LeighMusic 4 жыл бұрын

I’m with you, Jerry. I would have dumped this guy when he started getting so difficult, then followed up in 30 or 60 days and see if he’s still feeling so cocky. :) Still, I totally understand why you stuck with it for the videos, and I appreciate you sharing it. 👍🏻

@hasanihendrix8885 4 жыл бұрын

I love this Jerry! This is the content I like to see, real life scenarios that we as wholesalers have to deal with and you do a great job of showing how it is handled by a professional. Please keep doing videos like this

@FlippingMastery 4 жыл бұрын

🙏👊

@mcalann 2 жыл бұрын

I watch this vid over and over, so helpful! The “what is in that house?…..’Nothing nothing is in that house’” gets me every time 😂

@benjaminhackworth5427 4 жыл бұрын

I’ve encountered situations like this before with a seller concerned we may take their “40 year old pet urinated carpet, or molded drywall off the wood stud, etc” out of their wonderful distressed vacant house when asking for a key to place in a lockbox. At the time, the option to close and then resell was not feasible for us so what I would say is that it’s “corporate policy” for us to have access during our inspection phase, so we may have contractors, realtor(s), and partners walkthrough and analyze the property. Rather than continue contacting you for access and to avoid conflict with scheduling on days when these professionals are available. Placing a lockbox on it makes it more simple and easier. No different from what a real estate agent would request. Great content as always man!

@FlippingMastery 4 жыл бұрын

🙏👊

@rivahkillah 4 жыл бұрын

Would you allow a stranger unfettered access to a property of yours?

@jackh1032 4 жыл бұрын

@@rivahkillah I bet the seller's attorney would advise against it.

@brucea550 4 жыл бұрын

As a seller, I would never agree to this without some sort of liability protection in place. To many people who can manage to get hurt and sue. No realtor would allow someone inside a listing like that.

@zackattack91000 Жыл бұрын

This is a great video Jerry, you’ve shown how to deal with a no by not hanging up right away. I definitely like to learn from your struggles and how you bounce back, more videos like this would be greatly appreciated

@JCJ1234567890 4 жыл бұрын

I appreciate your channel so much Jerry!! I've got 3 leads I'm looking to get under contract immediately and your videos are really a godsend for a newbie. Bless you and your family man 🙌🏽 thank you

@ryaneboy101 2 жыл бұрын

How's it going with flipping those contacts?

@willsmith4575 Жыл бұрын

@@ryaneboy101 bro that comment is from 2 years ago 😂

@rafikiAli 4 жыл бұрын

The REALEST REALNESS is mind-blowing! Thanx, for the hard work in preparing and sharing these critical insights.

@FlippingMastery 4 жыл бұрын

🙏👊

@rafikiAli 4 жыл бұрын

@@FlippingMastery In your Flipster, is it possible to see who purchased a property or how long a property was on the market previously or now? I've heard you talk about finding buyers using this technique and also when using your "Double-Dip" strategy. Currently, using REIPRO prolly switching to Flipster this next month.

@smcdonald1994 4 жыл бұрын

I appreciate you working on this deal Jerry. Thanks for keeping it real and showing us how it can go and how to use your time wisely. Would love to meet you one day.

@lawrencecoore2021 2 жыл бұрын

Wow this was something else JERRY you were calm and been forward with your point i love seen the real world scenarios of the business. Thankyou very much for all that you do this gives motivation for people that are just scared and terrified to speak to sellers. God bless

@FaeganAdams 4 жыл бұрын

Thanks so much for doing these videos! I think you should Continue to invest the time into this deal. Although honestly, I probably would have given up after the last conversation we are he said to call him in a few days. But seeing how you’re handling it is teaching me How to go about difficult conversations with sellers such as this one.

@FlippingMastery 4 жыл бұрын

🙏👊

@robinsonlubin5111 4 жыл бұрын

Jerry man that was awesome! I'm really learning a lot from you.

@FlippingMastery 4 жыл бұрын

🙏👊

@DefinitelyNotRin 4 жыл бұрын

"Me times ten" He may not have liked him, and the thought of 10 more was clearly frightening.

@DesertJunkHaulers 4 жыл бұрын

I honestly this this is the best Real estate content on KZfaq I learn something new every video keep it up we appreciate it!

@harpmarbury5218 3 жыл бұрын

Jerry first of all may I say that you are a FLIPPPING GENIUS!!!, and your content is fire... Heads up Jerry, me to you, your hats are blizzard coooolll! Awesome marketing tools and sharp too. But Bro, you kill it without the lid too!! Your genuine love for people shines through and the distinguished professor of properties is revealed. 2021 is going to rock!

@Mrmlopez777 4 жыл бұрын

Hands down, THE BEST wholesale channel on KZfaq. Love your content Jerry👏

@FlippingMastery 4 жыл бұрын

🙏👊

@archivaldoguzman8316 4 жыл бұрын

I really like your videos. I'm still trying to learn as much as I can in wholesaling properties, but by far you are the best resource I have about learning the business. Thanks much brother.

@lde745 4 жыл бұрын

Way to stay strong and assertive...good job...I would have walked away...so excellent job staying in there.

@carnellking4396 4 жыл бұрын

Good morning from Florida Jerry, I just want to tell you thank you for these videos they are very informative and very motivating. I've been watching you for about a month and getting a feel for your authenticity as much as you can get through a video and I've decided to try that flipster out.

@FlippingMastery 4 жыл бұрын

🙏👍👉💵

@sterlingc82 4 жыл бұрын

Hey Jerry I just want to say thank you for posting the videos on this deal I’m learning a lot as a flipster student of yours. I see you have put a lot of time and effort in this deal I think you should keep moving forward on this deal

@FlippingMastery 4 жыл бұрын

🙏👊

@ericgordonsr.6455 4 жыл бұрын

Hey Jerry, when dealing with tough seller's like the one in your video, I market the house with 2 established showing dates. Then have all my buyers view the property within a 2 hour window on both days. I also tell the seller that my general contractor, has subcontractors stopping by to submit bids on the work and to please give him some privacy during these periods of time. Then I'll have one of my associates act as general contractor on the show dates while the buyers are viewing the property. It works like a charm, every time.

@ryaneboy101 2 жыл бұрын

Thanks for the info bud

@laurinekaleohano175 3 жыл бұрын

Jerry your content is just awesome! Thank God for people like you.

@bettyhahn5340 4 жыл бұрын

I love this video! So detailed and thorough. It helps for newbies to understand. Keep up the great work and videos!

@FlippingMastery 4 жыл бұрын

🤑😎

@couple100__grand7 4 жыл бұрын

That was great! I like seeing the convos without all the fluff at times. Me personally I would continue with the deal because the spread is good for me at the level I’m at with making at least 10k on a wholesale. Thanks for the video can’t wait till the next one.

@FlippingMastery 4 жыл бұрын

👍👍👊

@Garciaventuras 4 жыл бұрын

Jeeerrryyyy that was so awesome , love the consistency and the never quit mindset, way to follow up, this video was great

@FlippingMastery 4 жыл бұрын

🙏👊

@KingBigCle32 2 жыл бұрын

Aww man this is great man you're a flipping genius I may have just landed my first deal listening to you has accelerated my progress. Now I just need a cash buyer. Thank you so much.

@jorelynpaligsa6448 4 жыл бұрын

Yes! Getting to watch and Listen to the Mega-Pro Jerry in action! Now this...is what I have been waiting for! Awesome video. This really helps me understand. Super grateful Jerry!! You did awesome by the way!

@FlippingMastery 4 жыл бұрын

🙏👊

@devinmeadows4311 4 жыл бұрын

Great video I like the posture you maintained throughout the entire phone call you could tell he wasn’t use to ppl standing up to him when conducting business

@FlippingMastery 4 жыл бұрын

Yea the thing is, he didn’t take it personally. I could get back in his face and he took it.

@dcarreira4913 4 жыл бұрын

Love love love the live call vids. Thank you.

@justsoldinvestmentsolution4961 4 жыл бұрын

Your channel by far is the most informative and straightforward when it comes to REI. Thank you sir.

@FlippingMastery 4 жыл бұрын

🙏👊

@oogoditscharlie 3 жыл бұрын

I rarely subscribe to any KZfaqr but for you it’s an exception. Every video is like watching a drama movie. Good work!.

@24amitchell 4 жыл бұрын

That was amazing ! Great job and thanks for using this as a teaching tool

@FlippingMastery 4 жыл бұрын

🙏👊

@Copedawg_340 4 жыл бұрын

Wow, the way you talked to him was awesome to see. That convo would have been long over if it were me. I’m taking notes ✏️📓

@FlippingMastery 4 жыл бұрын

🙏👊 I slowly was getting more bold as time went on. 😤

@enriquecaro9760 4 жыл бұрын

Thanks for going through all that just to give us an example. Great work and please keep more videos like this one coming.

@FlippingMastery 4 жыл бұрын

🙏👊

@FreedomMarketer 4 жыл бұрын

Great video man. Talk about hard to deal with seller my gosh. The whole time he was arguing I was thinking, who the heck said after 2 weeks you was gonna say sorry, I'm not buying your house. Like he was so dang negative that the entire time he flat out refused to believe you was really gonna close on it for 55k. As if you didn't have the money or was just out to get him and waste his time. Insanity!

@thatjlyn 4 жыл бұрын

My hero. So many people learn through watching. Thanks for the info

@QuadeQuick 4 жыл бұрын

Jerry - new viewer & subscriber. I've been in sales for 40 years and you did beautifully... the only teaching point I would add, if I may, is at 6:35 when the seller said, "So, how much ya thinkin'?" By doing so, he indicated that he would take less than $60K. Loved that.

@FlippingMastery 4 жыл бұрын

great tip!

@mwerosioncontrol 4 жыл бұрын

This video is the best. His reaction is priceless when the seller says okay.....

@FlippingMastery 4 жыл бұрын

😤😤🤬🤬

@justinjones695 4 жыл бұрын

Jerry what patience and perseverance. After watching and analyzing i believe not knowing all the facts i would pass on this deal. 2 reasons: 1. Seller still sounds not convinced and really not open to terms fully. 2. I wouldn't want anyone meeting this guy.

@FlippingMastery 4 жыл бұрын

👍👍

@cadecarter1091 3 жыл бұрын

These are the best videos. Thank you for posting these and being so thorough

@elvisbriseno7 4 жыл бұрын

How does he not have more subscribers, I love this channel...

@Dr2009king 4 жыл бұрын

Before even watching the video, thank you for sharing this kind of info, it really helps.

@litaffhali3595 2 жыл бұрын

Your reaction at the end when the seller finally says ok ...hilarious!

@demoman2798 4 жыл бұрын

Thank you, it was very helpful watching you handle the sellers objections, very informative!

@andrewshevchuk2062 4 жыл бұрын

I'm an agent and I subbed. Good content that most people play thousands for and waste weekends in seminars.

@FlippingMastery 4 жыл бұрын

🙏🙏

@bonafidevideo6542 4 жыл бұрын

REALLY EXCELLENT detailed breakdown video Jerry. Thx. 17 min well spent learning some valuable tips. Nice work!

@FlippingMastery 4 жыл бұрын

🙏👊

@luxuryhomes1695 4 жыл бұрын

Marvelous Video! 💪👌 I love your uploads! 😄

@andriykostiw7070 4 жыл бұрын

This was the first quality content channel about real estate I’ve seen in a long time without the bs. You’ve earned my subscribe 👍

@FlippingMastery 4 жыл бұрын

👊

@taniamoreira8898 Жыл бұрын

Thank you Jerry very very good information and Yes there are good and bad sides in real-estate. But Jerry you are a flipping genius and keeping it real is why people like watching your content keep up the good work. Keep it coming 👍🤙

@juanrincon8777 4 жыл бұрын

Jerry’s negotiation skills are incredible! Definitly a major area I want to learn more on!

@FlippingMastery 4 жыл бұрын

🙏👊

@g60vwr 4 жыл бұрын

I am amazed he stayed on the phone with you for so long.

@AMil-ho6kp 4 жыл бұрын

Thanks for your time, energy, and passion!!

@mikhailhunter5277 4 жыл бұрын

3:00 😂😂😂 we subscribers kept you accountable, love your content bro.

@FlippingMastery 4 жыл бұрын

🙏👊

@xxgmgmoneyxx1 4 жыл бұрын

Yo this dude needs a million subs for providing value content like this

@JuancoPRoFlow 3 жыл бұрын

The more subs the less deals you'll get.

@angelo-001 4 жыл бұрын

Amazing example of negotiation and how to address these issues. Thank you!

@jonathanrice6338 3 жыл бұрын

Jerry handles these people so well!

@andreab.3304 4 жыл бұрын

Holy Moly! I had the same bug-eyed look you did when he finally just said a simple "Okay." I mean, duuude!

@FlippingMastery 4 жыл бұрын

😤🤬😎

@MegaAngel307 4 жыл бұрын

Lolololol. This is gold. What everyone needs to know is everyone is like the seller of the gangja house. Lolol. This was awesome. I was like the old weeder closed minded. Explaining the transaction over and over and over again is key. Great job

@FlippingMastery 4 жыл бұрын

🙏🙏👊

@uzairali3342 3 жыл бұрын

Love you bro for the premium content! ♥️♥️

@mrmd6557 4 жыл бұрын

Hey Jerry, this is a really good live demonstration of a negotiation with another investor. You did a great job with this guy. This is an extensive fire damage rental house that the seller just wants to get rid of. The question is how motivated is he to sell. It may have been a risk of losing the deal, but I would have have went for $50k to see if he might be motivated enough to get rid of it for that quickly. And if not $50k, perhaps, somewhere in between $50k - $55 with $55k as a last resort. I was surprised about his reluctance to agree to the contingencies, especially on a fire damage house. I would definitely require the contingencies and really liked the way you responded to his reluctance to agree to the contingencies. Your experience and mastery of the negotiation came through at the end of the call. It sounds like you got a good deal. Congratulations. Thanks for sharing.

@AMil-ho6kp 4 жыл бұрын

You are an Artist!! It's such a sight watching your video$!! Absolutely the BEST!! Information and Production wise!! A true Smith!!

@erickavelez5186 3 жыл бұрын

Wow this was inspiring! I’m addicted now! Just subscribed!

@rudycent3323 4 жыл бұрын

Wow!!! It's amazing how Jerry had a reply to every objection the seller had. Great video! Jerry, could you possibly share more videos of wholesaling a property from beginning to end?

@FlippingMastery 4 жыл бұрын

For sure!

@RafaelPerez3rd 4 жыл бұрын

Just came across your channel! Good S*!^ on the content and the value you're providing! I appreciate you!

@FlippingMastery 4 жыл бұрын

👍🏻👍🏻

@cindywillis482 4 жыл бұрын

jerry, THESE are the types of videos that will get you Plenty of Flipster members. 2 friends of mine watched this conversation 3 times. Do more like this. Will benefit you Specifically, with sellers that have a LOT of objections

@cindyrobinson7980 2 жыл бұрын

Your work is amazing!!!! As a new and up coming real estate wholesaler thank you so much for your inspiration. I hope to meet you one day

@mrtolliver 4 жыл бұрын

I appreciate this boss! Lots of Golden Nuggets moving forward

@guardiandevil3 4 жыл бұрын

you sir are a trooper, when he started screaming he doesn't want to waste my time or your time. I would've told him to have a nice day and best of luck.

@FlippingMastery 4 жыл бұрын

👍👍

@TrentonLipscomb 4 жыл бұрын

Screaming? That wasn't screaming. Jerry, get someone to really scream at you!

@patricialewis4239 4 жыл бұрын

this is great! as an inexperienced investor I would probably got the real numbers and purchase it myself, resale...

@movement_4_Transformation Жыл бұрын

Jerrys wholesaling videos: "well at first I was going to wholesale but then I thaught why not just buy it" 😂

@wellknowndrilla3303 4 жыл бұрын

Such a great video keep it up ! Very informative

@dylanwalker3819 3 жыл бұрын

I’m looking to get into real estate investing and your videos break it down and really give me some good insight on it!

@binarydimensions336 4 жыл бұрын

Great negotiation skills, bold and ruthless without attachments. Keep giving us the live practical walkthroughs on negotiations and acquiring assets. Thanks

@FlippingMastery 4 жыл бұрын

👍👍🙏

@mauricesaunders5916 4 жыл бұрын

One of one, in terms of content. I appreciate the insight!

@traceyjennings3876 4 жыл бұрын

I am so grateful for your videos. I am learning so much. I have to agree.... several times I have spent countless hours trying to make that "square peg fit in that round hole". It's nice to see first hand when to push and when to perhaps move on. Thank you so much for these live call videos! They are little gems! On a side note - I say pass on the deal and move on! Plenty more motivated sellers out there!

@FlippingMastery 4 жыл бұрын

👍👍

@chanson79 4 жыл бұрын

Awesome content, You are a Flipping Genius!! I'd do my 7 days DD and if it looked good id close. The deal looks solid, even for flipping paper. The real money is in a 90 day rehab/list deal, take down a larger spread! But 18k on a Wholesale is a good number.. Keep the gold coming our way Jerry!!

@KrisNativeThai 4 жыл бұрын

Jerry you are a Flippin genius, love it mate

@YakMotley 4 жыл бұрын

Great video!

@FlippingMastery 4 жыл бұрын

🙏👊

@gulfcityartz2263 2 жыл бұрын

Yess!

@FAXX601 4 жыл бұрын

I know this video is old but this is highly informative. I’m 23 years old and just now beginning to understand how valuable Wholesaling is as long as it’s done the right way. Very informative video man. New sub.

@JustinAbroad 4 жыл бұрын

Buy and rent your houses out. There's a reason why every rich person rents out rather than wholesale

@FAXX601 4 жыл бұрын

Tidwell that’s the plan, once i get well versed enough in this.

@stuartperez4604 4 жыл бұрын

Yess Jerry I totally see myself doing this x)

@FlippingMastery 4 жыл бұрын

👍👍👉💵

@timonematthews6809 4 жыл бұрын

I definitely appreciate you giving out this content

@FlippingMastery 4 жыл бұрын

🙏👊

@mikhailhunter5277 4 жыл бұрын

6:25 I was gonna take acting classes so I could be better at tonality but Jerry got you

@FlippingMastery 4 жыл бұрын

I was using lot of self control. If the camera wasn’t on, might of turned more aggressive. 🤬 😂

@michaelwhitaker6256 4 жыл бұрын

Great negotiation. I would have changed 2 things, once you reluctantly conceded to price to price I would have sent the contract over with the normal contingencies. I believe you made too much of a deal for the extra help you needed. You agreed, assume the rest.

@advangs 4 жыл бұрын

This was FAR better than text book example. I think anyone can learn to flip houses when the seller is amenable to all the request. It's much better to have seen a negotiation go sideways and how best to handle it and bring the seller back in after it seems the deal is dead. Thanks for the real world lesson in what can and will happen even on deals that seem to be cut and dry from the beginning!

@FlippingMastery 4 жыл бұрын

You got it! 👍

@sherryPickerill Жыл бұрын

Jerry you are a frikin flipping genious!!

@skyaguilar 4 жыл бұрын

Saw the other video. Disregard my question. 😃👍🏽 I’m still excited!!! 😆

@FlippingMastery 4 жыл бұрын

Keep me posted!

@skyaguilar 4 жыл бұрын

Will do!!

@SunBrohan 4 жыл бұрын

Awesome video Jerry you overcame objections like a boss. I would say if you can make it a win-win and unload his burden it could open the door for future deals on his other rental propertys however if you're beyond 7 conversations and there's still major resistance it might be time to pull the plug.

@FlippingMastery 4 жыл бұрын

👍👍

@trebell 4 жыл бұрын

Sometimes people need to hear the same thing multiple times to understand it.

@Griffeyjrgolden 4 жыл бұрын

"contracts" "contingencies" ... What about an agreement instead of contracts as well as a quick inspection to ensure we both get what we need. And the inspection should only take 10-14 days, really not a big deal.... Words are essential :)

@FlippingMastery 4 жыл бұрын

Great suggestion

@jorgearanda2649 4 жыл бұрын

he mentioned in the video that the seller is also an investor so at that point he can be more raw and straightforward because the other guy knows the deal and won't shy away.

@New777World 4 жыл бұрын

@@FlippingMastery at that point you had to explained, would be a good opportunity to negotiate a lower extreme price like 35k without a contingency contract? then give him the option of 55k with contingency because it sound like he was in a hurry to walk with the deal and not wanting to go thru the trouble to make extra profit by your purchasing deal terms! if you're willing to wait 10days you make 55k if cannot wait ill give 35k right now! bluff bluff! however you did handle the negotiation very well!

@marcthaincredible 4 жыл бұрын

THIS THAT RAW UNCUT, THERE ARE SO MANY SELLERS LIKE THIS, ITS NOT EVEN FUNNY, KEEP THE VIDS GOING JERRY, THIS THAT HANDS ON EXPERIENCE TYPE LEARNING......💯

@FlippingMastery 4 жыл бұрын

🙏👊

@ElSalvador1919 3 жыл бұрын

Excellent video Maestro 👏🙏🏻👏

@willieleehendersonlll 2 жыл бұрын

Thanks for giving us this content!

@litaffhali3595 2 жыл бұрын

Two important take a aways from this video First- "you have to deal with ten of me" you pointed out his problem-fire damage house only investors who would do due diligence would be interested in the house. Second- The refundable EMD-- i think that concession helped with winning him over.