LIVE Subject To Seller Call - Successfully Overcoming Objections

Рет қаралды 11,828

Жыл бұрын

In this video, watch Pedro and Jerry close a subject to deal on the phone LIVE with a seller.
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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: 73

@oldskoolfunk71 2 ай бұрын

1:05 Thanks Jerry. Very great script

@forrealtyler Жыл бұрын

Biggest takeaway is the conversational tone in explaining the win-win and answering the seller's question that leaves him with 100% clarity

@zeekflash6924 Жыл бұрын

Seller has a lot of motivation & Jerry is giving him $5k , he’s ecstatic.. cuz , subto saves his credit , so he can buy another property in the future

@alexlesley97 Жыл бұрын

The beauty of negotiating right!!

@boominsolutions5295 Жыл бұрын

I’m not gonna lie Jerry, you didn’t have to do this. Gave us a whole live call/script, subto and creative contracts, and access to have our own transaction coordinator 😮‍💨 you blessed TOO heavy on this vid. I’m taking action NOW

@RexJesusIsKing Жыл бұрын

👆.

@Alexsantana0912 Жыл бұрын

Did you take action ?

@wakeupnowcanada5857 Жыл бұрын

Jerry youre a F***ing genius God bless you !!

@usabytemamila Жыл бұрын

I know Pedro he's a great guy very happy for him! great job!

@lanierswinson1879 4 ай бұрын

Love how Jerry addressed problems with the Seller

@adriansmith1939 Жыл бұрын

I like how y'all kept it simple enough for the seller to understand without make him uncomfortable

@adriansmith1939 Жыл бұрын

I'm new to the field

@thenewwayhome Жыл бұрын

You made that look so smooth, man! Great presentation gents!

@jsmnemsj Жыл бұрын

I took away that you guys were able to get the seller out of hot water while they get the cash out of escrow. Also was able to explain the process easily for the seller to understand & as the buyer yall made an amazing profit

@RexJesusIsKing Жыл бұрын

@Jasmine Enimsaj 👆

@RexJesusIsKing Жыл бұрын

@williamhartman679 Жыл бұрын

That hit on all notes and covered the bases that anyone you pitch would ask! Great!!!!! Mention of the transactional coordinator was key to setting the seller at ease. I am preparing to approach hurricane homes in my area because I have the only way to repair the homes with my system. SW Florida. Worldwide Diversified Associates LLc

@humanfactified Жыл бұрын

Wanna become like you Jerry, I'ma keep watching as long as you keep posting!!

@Luke_Mitchell Жыл бұрын

That was pretty awesome. Overcoming those objections is the key to Sub2.

@RexJesusIsKing Жыл бұрын

@Luke Mitchell 👆

@benedson3381 Жыл бұрын

You make it look so easy!

@AbqRealDeals Жыл бұрын

Your 20 or so years of talking to sellers really show here. You are relaxed, confident and very knowledgeable and the seller picks up on that. BTW. I can barely hear you. Your student/partner should have handed you the phone and let you handle it. Just sayin'. Thanks!

@tomwashingtonjr848 Жыл бұрын

Great stuff 🎉 Love it ❤Thank you 🙏🏽

@djcoolchangeofftvtheworld3948 Жыл бұрын

Pedro you are a flipping genius 🎉🎉❤

@jessealfonzo6032 Жыл бұрын

Outstanding work gents! Soild rapport and I loved how you guys came along side of the owner and explained everything!!

@sharonj7978 Жыл бұрын

Great call! At no time did I feel the seller was being handled. Authenticity came thru in this conversation. The seller now has a solution with a thorough understanding of what he is agreeing to. Also, a TC will be a must have going forward. Priceless info. Thanks for sharing.

@sharonj7978 Жыл бұрын

Ohhhh WhatApp is scammers. Thx for the warning!!

@thesmoothone1858 Жыл бұрын

Good job

@paulgomez3318 Жыл бұрын

Wonder how Pedro found this. Good deal!

@kustimcable Жыл бұрын

Great video! Jerry is a flipping genius! It seems like a lot of moving parts, but the key to making this work sounds like a great TC & private money?

@CarolWhitaker Жыл бұрын

Awesome content! Thank you for explaining it all in detail and doing the live call. Amazing!

@AberrantArt Жыл бұрын

Two questions: 1) if you wholesale it, do you ideally set up the servicing first then sell it? 2) If you wholesale, is there a way to make sure the end buyer is only allowed to rent it or flip it (no wrapping)?

@marinarbekka Жыл бұрын

Ah I missed it. Just saw your video on your vitamins

@RexJesusIsKing Жыл бұрын

@Michelle rice 👆

@rogelioordonez777 Жыл бұрын

Understanding how any transaction process works gives you the ability to be a problem solver for any situation. I believe this comes with experience, yes? Would getting your real estate license & going through the classes teach you some of theses tools? Is getting access to the cash for This deal based on the asset or is that cash you already had built up from other deals making profit? I want to be a flipping genio problem solver like you.... many blessings be upon you, thank you ✌

@YouTubeJunkie88 11 ай бұрын

That deal was awesome Jerry! I’m not sure if I’m evaluating my sub 2 deal correctly. My seller has a agent and I work with an agent that brought me this potential deal. Seller is over priced on market and has been sitting for 145 days. His property needs a full rehab at 90k and ARV is 306. He’s listed at 199k & has a existing mortgage of 165k with 3.2 interest, lien for 3400. The house rents for 2100 a month. I was thinking I could seller finance his equity and do a referral fee for my agent but not sure how to handle his agent or if this is a deal.

@justarandomstranger6467 Жыл бұрын

Hard to hear- silly jump cuts, why would you zoom in on fist bumps with silly sound effects- and you zoomed in on Pedro drinking a soda at 6:51... what is this??

@donniebaer1992 2 ай бұрын

Jerry, do you have a subjecto course explaining everything from A-Z?

@ausdlantein Жыл бұрын

well explained how to wrap up a deal, i want to learn that, i have a question how do i get fund if i dont have money for giving seller money and closing cost or any rehab the house might needed it.

@NickinNashville Жыл бұрын

Which third party company do you use to show he’s making payments for his future loan?

@michelleirvin3833 Жыл бұрын

What if the new lender says no after showing them you’re making the payments on the previous loan?

@jalabi99 Жыл бұрын

That almost never happens. But if on the very off-chance that it did, then they could always find another mortgagor.

@kentheengineer592 Жыл бұрын

Prior to Having an Appraisal, Whats the Reasoning For Why Home Remodelers Make Offers to Loan Sellers or Home Sellers Without Making Mistakes That Waste The Appraisers Effort, Dont You Need Pricing Data in Advance to Make Offers to Know Your Breakeven Cost & Your Net Cost to Net Profit?

@donaldlee6760 Жыл бұрын

Most people selling their home have been living there for more than a few years and have an interest rate well below current rates. I'm curious why is not more common for sellers to be open to accepting an assumable mortgage offer, in order to maximize their own profit? I get the felling that these types of deals are uncommon and ideally targeted to distressed sellers. Also if this seller is distressed then is the risk greater that you will need to evict the seller if he takes you up on the rent back offer? I'd wonder if the distressed seller-now-renter would make another poor life choice by choosing to get evicted instead of honoring his contract (which he has a past history of non-payment already) and getting his $5k out of escrow. Of course if it only cost ~$5k for an eviction that it's not a problem.

@jaxy4zumba Жыл бұрын

Please provide a couple TA's

@shellyballeza3268 Жыл бұрын

Is subject to available on all home loans?

@johnlewisofficial Жыл бұрын

Jerry you’re a flipping genius..literally the 🐐. Question, do you have the Power of Attorney discussion with the seller or have your attorney do it when he’s closing the transaction? Thanks for providing so much valuable content

@FlippingMastery Жыл бұрын

Usually let the TC handle

@jamesdouglas9205 Жыл бұрын

@@FlippingMastery Hey jerry, I just started my wholesale journey. I want to know what areas (state of preference, zip code, low or high income neighborhoods and ARV) you like to buy in so I can bring you more deals. How do I contact you?

@angelaaaaa2 Жыл бұрын

@@jamesdouglas9205 go to his 10k check club link in the description of this video

@michaelanderson9903 Жыл бұрын

I learned a lot from this video the explanations were very clear. It felt different because me and the seller have the same name lol but My question is when jerry was talking about getting a payoff letter from the seller what did he mean by rears?

@angelaaaaa2 Жыл бұрын

arrears= overdue payments

@patriciathompson6228 4 ай бұрын

So would this lead qualify for as a deal for your 10K club or after you get the signed agreement?

@AlfieinMontana Жыл бұрын

That conversation went so smooth it’s almost like it was staged. Js

@FlippingMastery Жыл бұрын

I was waiting for this comment 😂

@captmurica7459 Жыл бұрын

So was this deal found through searching for pre -foreclosures in Flipster? If not, how so?

@tedhuntington7692 Жыл бұрын

great video and very insightful- one question- does not the deed pass over to you guys in a sub2? So if you walked away the past owner would not get the property they would only still be responsible for the loan. Or does the title not transfer over in a sub2 closing?

@tedhuntington7692 Жыл бұрын

I think sub2 would be the most effective if the buyer could actually take over/transfer the loan- why lenders don't do that is a mystery.

@FlippingMastery Жыл бұрын

Yes, sub2 you take title

@MbassiRa4444 4 ай бұрын

Is the transaction condinater an Real Estate agent?

@FlippingMastery 4 ай бұрын

Not necessarily

@chrissmith8469 Жыл бұрын

God damn jerry

@annegretgramont2822 Жыл бұрын

I need help with a deal. How do I get in touch with you? Ann

@wakeupnowcanada5857 Жыл бұрын

Can I do sub-to virtual wholesaling with pre foreclosure?

@FlippingMastery Жыл бұрын

Yes

@ryangrenz7347 Жыл бұрын

Jerry, who can qualify to be a persons transaction coordinator for paperwork...just a title company person? Whats a good way to find someone and qualify them? Thanks

@FlippingMastery Жыл бұрын

Use mine! Go Here to Get Full Service Closings (transactional coordinator): www.constantclose.com/flippingmastery

@ryangrenz7347 Жыл бұрын

@@FlippingMastery Thank you!

@whatskevindoing 10 ай бұрын

You did lie to him about getting another mortgage in the future. As long as he has that mortgage on his credit report. FHA will always count that debt against him. A conventional loan after 12 months might be his only chance.

@mrsrhodes9736 10 ай бұрын

But how many times can you use an FHA loan?

@jordanmatanane6765 Жыл бұрын

Where can I find a TC?

@FlippingMastery Жыл бұрын

Go Here to Get Full Service Closings (transactional coordinator): www.constantclose.com/flippingmastery *Once you enter your email, it’s automatically emailed to you. If you don’t see it, check your junk/spam folder in case your email provider put it there...If you still don’t see it, my team can help you out. Support@flippingmastery.com