How to Negotiate with a Difficult Seller | Wholesaling Real Estate

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  • เผยแพร่เมื่อ 30 พ.ย. 2024

ความคิดเห็น • 133

  • @justintorrence2479
    @justintorrence2479 5 ปีที่แล้ว +16

    This was much needed. You can see the confidence that I believe can only come from repetition. I constantly want to have conversations with sellers daily, so that my conversations can become natural like this as well.

  • @Gameday_7
    @Gameday_7 5 ปีที่แล้ว +11

    Very nice...banks gets paid off an he walks away with 30k in his pocket! As the wholesaler your always in control come in with ur numbers already planned out..start low an know where ur highest bid is...u control the seller by what u say too them!!

  • @cerebralmindgame9818
    @cerebralmindgame9818 5 ปีที่แล้ว +49

    This is the exact scary shit that makes this thing difficult to face but it's a necessary evil that must be done which makes the difference between a successful investor and a failed investor. Gotta be willing to jump face first into the fire and ask the tough questions while maintaining professionalism with a cool head and silently crunching numbers in a crafty way.

    • @BluePhantom321
      @BluePhantom321 5 ปีที่แล้ว +1

      JaVaughn McGregor scary? No. This makes me want to perfect this craft and get good at it. It’s the kind of thinking I like to do.

    • @korenezcarter7807
      @korenezcarter7807 4 ปีที่แล้ว

      Just go for it J... did you watch the movie “the banker” let’s get to it so we don’t have to wear that damn uniform!

  • @KaramKhalilTV
    @KaramKhalilTV 5 ปีที่แล้ว +31

    Negotiation is golden when you know how to do it! Good stuff Max.

  • @gerrybuyshouses
    @gerrybuyshouses 5 ปีที่แล้ว +37

    Content you wont learn anywhere else these guys just let you inside their Million dollar business and how they get deals . Scott doesnt have seats for his acquisitions team that says alot . If youre sitting youre too comfortable . Thanks Max. Scott and Mike for sharing.

  • @malikabdullah8249
    @malikabdullah8249 5 ปีที่แล้ว +65

    I’d like to see more of those scenarios training. It kind of helps me learn faster. It doesn’t stick with me unless I act it out, see it presented in similar fashion. Kinda weird, I know, but that’s me. Craziest thing is, I’ll have conversations with sellers, and I get slightly stuck, and then later on, I see a damn video with the exact solution I needed to use! Day late, dollar short. Still calling, still putting out bandit signs, still looking for deals. It’s rough, but I’m not stopping..

    • @terencedorsey6717
      @terencedorsey6717 5 ปีที่แล้ว

      Did you get a deal yet?

    • @malikabdullah8249
      @malikabdullah8249 5 ปีที่แล้ว +3

      @@terencedorsey6717 Not yet. Talked with numerous possible sellers, in some cases, the counters were too high, and no wiggle room, or just firm offers and no budge. Most were trying to pay off their mortgages, but they were upside down and in deep. I'm not gonna stop. A friend told me that the right deal will come, if I keep at it. Hoping. In the meantime, I'm still learning as much as I can, where I can, and can afford...

    • @cerebralmindgame9818
      @cerebralmindgame9818 5 ปีที่แล้ว

      @@malikabdullah8249 Maybe you can short sale that property...

    • @tiggertube867
      @tiggertube867 5 ปีที่แล้ว

      @malik abdullah did you get a sale yet?

    • @malikabdullah8249
      @malikabdullah8249 5 ปีที่แล้ว

      Tigger Tube Not yet. Working other strategies for income, while looking and learning.

  • @groverjohnston7184
    @groverjohnston7184 5 ปีที่แล้ว +12

    build rapport establish a connection and find their motivation

  • @ummiymmhabmify
    @ummiymmhabmify 5 ปีที่แล้ว +27

    This is something I never seen done. It was enlightening and I feel I need to rethink my strategy. Could we get more of those videos with different situations

  • @Dominion-1
    @Dominion-1 5 ปีที่แล้ว +20

    It seems like all real estate *Buyer* negotiations can be boil down to:
    *"I just want to do You a Favor and take this off your hands."* 😉

  • @trfrierson
    @trfrierson 5 ปีที่แล้ว +37

    It's so interesting to me from Market to market how certain sales tactics can work. I would have been cursed out in Illinois 1 minute in.

    • @letd1995
      @letd1995 5 ปีที่แล้ว

      What part of Illinois are you in?

    • @wirecoaching477
      @wirecoaching477 5 ปีที่แล้ว +3

      It takes some playing with to see what works and what doesnt

    • @PreventClutter
      @PreventClutter 5 ปีที่แล้ว +1

      In Miami it be the same but worth it lol

    • @Neptune8
      @Neptune8 5 ปีที่แล้ว +1

      Heart Break Hotel Inc you wholesale in Illinois? I'm looking for someone to teach me the ropes

    • @charleasaj1322
      @charleasaj1322 4 ปีที่แล้ว

      So true 🤣

  • @blessedandrich
    @blessedandrich 5 ปีที่แล้ว +14

    I probably need to watch this 100 times now

  • @vinny1010
    @vinny1010 5 ปีที่แล้ว +17

    Buddy just broke a basic sales rule - Never bash the competition! (Ie in this case, the real estate agent). There are better ways to effectively communicate how you deliver better value (And then later it turns into his wife lol. Not a realistic sort of events but oh well). Just be careful bashing any form of an alternative option/competition, because from my sales experience, one loses rapport fast and it can jeopardize your deal

  • @ameermcneil5218
    @ameermcneil5218 5 ปีที่แล้ว

    these guys made it so simple, im not nervous anymore

  • @Haze508
    @Haze508 5 ปีที่แล้ว +2

    10 problems in one scenario i love the advice!!!!

  • @cdbuyhouses
    @cdbuyhouses 5 ปีที่แล้ว +2

    He lowered the Seller's expectations from $200 in the pocket to $80, that's how it's done!

  • @OffDaChainChico7
    @OffDaChainChico7 5 ปีที่แล้ว +2

    I would’ve loved to have seen Dan Lok close this. That would’ve been epic. He’s the best closer I’ve seen.

  • @thebiggest2241
    @thebiggest2241 5 ปีที่แล้ว +3

    Great post.. Negotiation is my weak point I’m working on sharpening my negotiation skills

  • @SidMcThomastv
    @SidMcThomastv 5 ปีที่แล้ว +1

    This was a awesome experience at my very first meet up and meeting Max Maxwell in person. I am addicted to this wholesaling industry. The one deal away attitude you must have. Met some influential people like minded people and connect with them (network). Cool to see myself in the video regarding digital bandit signs and using your social media platforms to market your business.

  • @korenezcarter7807
    @korenezcarter7807 4 ปีที่แล้ว +2

    Max said “let me narrate” 👂

  • @nicolasrage666
    @nicolasrage666 5 ปีที่แล้ว +2

    I was at this Meetup. Scott has a great team and having Max there was the bonus. This was a great learning experience.

    • @kavisterling7604
      @kavisterling7604 ปีที่แล้ว

      Who are those guys. Do they have a TH-cam?

  • @hokagesb4173
    @hokagesb4173 5 ปีที่แล้ว +2

    Max Maxwell is the James Harden of the wholesale reastate game!

  • @raymondl12
    @raymondl12 5 ปีที่แล้ว

    This 20 minute video was enough for me to subscribe.

  • @waaogaming
    @waaogaming 5 ปีที่แล้ว +1

    Max, LOVE your videos. You're the King at this!..👑👍🏼

  • @50V3RNTY
    @50V3RNTY 5 ปีที่แล้ว +5

    Ok to all you complainers, they never said this was guaranteed none of this is guaranteed until the key ingredient of TRYING is added!!! Old Investors always say you can't get that for this in this day and age and I say BULLSHIT. It all depends on YOU and how you really are with people and understanding how you can get this to work whether it's for 30k, 50k or even 85k it's still a deal and still was possible because YOU made the attempt. To many people doing this already assume the role of not getting because they assumed they'll say no and will walk away and just lost a lead! Tom Krol said we aren't in the business of ASSUMPTIONS! I rather lose a deal for actually trying then assuming.

    • @MaxMaxwellYT
      @MaxMaxwellYT  5 ปีที่แล้ว +2

      Don’t waste your time trying to explain this to people. Just go out make your money.

    • @50V3RNTY
      @50V3RNTY 5 ปีที่แล้ว +1

      You right a big fan of your vids I follow on ig and watch all your podcasts. I like your slogan one deal away and I'm in the field about to get my first one.

    • @iamaksd
      @iamaksd 5 ปีที่แล้ว

      WOW! Well said!!

  • @tyronedavis4149
    @tyronedavis4149 5 ปีที่แล้ว +4

    Iv'e been watching "Tony The Closer", and he's good, but Max I think you've just one upped him with his motivational speeches on how to close wholesale deals.

  • @jenniferzevia317
    @jenniferzevia317 5 ปีที่แล้ว +1

    I very much enjoyed this and would LOVE to see several other similar videos about dealing with difficult sellers and based on several comments many other people feel the same. Please keep them coming

  • @Newniche
    @Newniche 5 ปีที่แล้ว +1

    That was the best negotiation excersize ever!

  • @mosesadeyemi2981
    @mosesadeyemi2981 5 ปีที่แล้ว +4

    Thank you Max. Loving the role play vids!

  • @finsruleforever
    @finsruleforever 5 ปีที่แล้ว +10

    Absolutely fantastic. Just one question. I don't understand how the "investor" can say 80k and then say 30k? Can someome explain that to me?

    • @InfamousInvestments
      @InfamousInvestments 5 ปีที่แล้ว +6

      I can Since I've made this mistake alot. he built enough rapport to make him come. down from 200-80k and he came in with 30k. if he can make him come down 110k over the phone (which he can hangup at any time) he can definitely get him lower face to face... get them in a realistic price range.. then go the kill by scheduling the appt

  • @michaelm9621
    @michaelm9621 5 ปีที่แล้ว

    This is gold, you should post more of these. Best ever.

  • @Sherm_FX
    @Sherm_FX 5 ปีที่แล้ว +1

    Another home run! 💥💨💨⚾️
    VALUE HERE
    ASK QUESTIONS
    BE BOLD
    BE HONEST
    PULL THE INFORMATION YOU NEED SO YOU UNDERSTAND HOW TO HELP
    1 Identify Problem
    2 Explain Impact (of the problem)
    3 Offer Firm Solution
    Thanks Max 💪🏽
    PS - I did the math on that $600k seller price earlier before it was mentioned 🤓💡 I’d love to see real closing statements on the deal they used for their role play. Speaking of that role play, it could be used for a script beginners can use to study. Matter of fact I’m gonna transcribe it. Have a great day everyone!

  • @sarahspeaks145
    @sarahspeaks145 5 ปีที่แล้ว +1

    Loved it ! Getting to the real issues.

  • @Chosen1282
    @Chosen1282 5 ปีที่แล้ว

    Luv the real life scenarios u guys play out. After watching many wholesaling videos I feel great about wholesaling but still become crippled from taking a step towards it bc I was unsure on how to approach a seller and the things to say/ask when trying to do the deal. Thx a million Mark wish I had a mentor like you. 👍🏽👍🏽👍🏽

  • @1Fit2ATee
    @1Fit2ATee 5 ปีที่แล้ว +1

    I love this, this was great. Thank you Max, Scott & Mike.

  • @winstonsolomon2259
    @winstonsolomon2259 5 ปีที่แล้ว +8

    Max When are you coming to D.C. ?

    • @Eric3Frog
      @Eric3Frog 5 ปีที่แล้ว

      I'm in DC too!! Specifically, Rockville MD.

    • @Chosen1282
      @Chosen1282 5 ปีที่แล้ว

      When will you have a class in the DMV (DC,MD,VA) area ? Do you recommend any mentors in this area? Really in need of a mentor.

  • @josedelgado6999
    @josedelgado6999 5 ปีที่แล้ว

    Negotiation Segment was Awesome!! Thank you Fellas.

  • @tic1tac2toe
    @tic1tac2toe 5 ปีที่แล้ว +3

    This is really sad but at first glance when you see the picture before the video starts you would think they’re in a court room... am I out of my mind

  • @h0neybee77
    @h0neybee77 5 ปีที่แล้ว +2

    This is a great video thank you so much for sharing. More role playing please. It’s very helpful.

  • @laurielllevy1794
    @laurielllevy1794 5 ปีที่แล้ว +3

    Great Video!! I need to implement those "intentional pauses" lol

  • @candisetyus9632
    @candisetyus9632 5 ปีที่แล้ว +3

    Hey MAX 👋LOVEEEE YOUR HELP
    WHAT WORK DO I NEED TO PUT IN TO GET 2 discounted TICKETS ?!!

  • @havefaithniggah
    @havefaithniggah 3 ปีที่แล้ว

    This was amazing fellas

  • @branbosage2330
    @branbosage2330 2 ปีที่แล้ว

    I wonder how this would work out in a market like Raleigh, NC.

  • @guylevy3048
    @guylevy3048 5 ปีที่แล้ว +4

    if the wifes name is on the deed then he cant sell it without her signing off right?

  • @wayneb9375
    @wayneb9375 5 ปีที่แล้ว +1

    When are you coming to Florida Tallahassee area

  • @tobirosario
    @tobirosario 5 ปีที่แล้ว +1

    great video !I need to do some of this on my channel

  • @adambuysyuckyhouses
    @adambuysyuckyhouses 3 ปีที่แล้ว

    Do more of this!

  • @matthewanthony47417
    @matthewanthony47417 5 ปีที่แล้ว

    Good video. You should make more about negotiations with the sellers. A lot of value here

  • @caitlinhunt7254
    @caitlinhunt7254 5 ปีที่แล้ว +3

    Why do you have to pay tenets to leave the property if they owe back rent so they have broken the lease and don't own the property?

    • @LloydAlmighty
      @LloydAlmighty 5 ปีที่แล้ว +3

      Cailtin Hunt Good Favor

    • @sarahspeaks145
      @sarahspeaks145 5 ปีที่แล้ว +5

      Cailtin Hunt, it may get them gone quicker than going through the eviction process which could take up to months, depending on your state. Although, the law will rule in favor of the landlord eventually, you don't want to run the risk of them staying there even longer without paying. Also , as the new buyer, it's one less headache to deal with.

    • @jgood4010
      @jgood4010 5 ปีที่แล้ว +2

      They in California like me you if you can pay them to leave PAY lol they can squat in your property for months without paying our laws suck

    • @cerebralmindgame9818
      @cerebralmindgame9818 5 ปีที่แล้ว +2

      It's a way to speed up the process and solving the most common problem that the tenant is squatting on your property in the first place (which is usually their lack of money for whatever reason). Most people ain't turning down free money in a desperate situation such as an eviction process. So you're essentially killing several birds with one stone = Paying them off to leave.

  • @ingramchannel6718
    @ingramchannel6718 5 ปีที่แล้ว

    Hi you doing Max, My name is walik, I'm new to wholesaling just wanted to ask how do you find out the repair cost of a vacant property once you come across one

  • @SAnderson54
    @SAnderson54 5 ปีที่แล้ว

    This content is fantastic!!!! Thank you!

  • @Godblack1
    @Godblack1 5 ปีที่แล้ว

    OMG MAx Maxwell Thanks for this video learning so much

  • @michaelyork7844
    @michaelyork7844 3 ปีที่แล้ว

    Good job

  • @InfamousKiddXD
    @InfamousKiddXD 5 ปีที่แล้ว

    It’s deep stuff really good but also unrealistic towards the end
    At 30k offer someone would have hung up
    But then again it’s money and people love money

  • @timalan333
    @timalan333 5 ปีที่แล้ว

    Pure gold

  • @MrMoore-xi7pu
    @MrMoore-xi7pu 4 ปีที่แล้ว

    MAX ,dih shit HARD !! Learning a lot from you bro !

  • @tonyj8947
    @tonyj8947 4 ปีที่แล้ว +1

    As a seller i'm not entertaining a conversation period. All i'll say is "If you want this home email me with your best offer, if we come to an agreement then lunch is on me..thanks pal bye".

    • @VivianWynter
      @VivianWynter 3 ปีที่แล้ว

      You’re not the target audience.

  • @sharlacarterwhite6807
    @sharlacarterwhite6807 5 ปีที่แล้ว

    That was actually funny. OMG.....I learned a lot from that skit and Im going to keep playing it.

  • @ReggieMichel
    @ReggieMichel 5 ปีที่แล้ว

    🔥🔥🔥🔥🔥🔥 - Can't believe this is FREE! #SALUTE

  • @blackgold2029
    @blackgold2029 5 ปีที่แล้ว

    This was entertaining!

  • @winstonsolomon2259
    @winstonsolomon2259 5 ปีที่แล้ว

    I’m in DC and PG County

  • @cosmicdarkmatter1128
    @cosmicdarkmatter1128 5 ปีที่แล้ว

    But this actually has some very valuable information in it. Thanks for the video!

  • @Neptune8
    @Neptune8 5 ปีที่แล้ว

    I'm confused, if I'm just the wholeseller am I actually going to have to close the deal and pay for the property? I thought we negotiate a price and then they sign the contract and them I find a buyer . In this example he seems to be actually purchasing the property as a buy and hold or a flip

    • @bellyanchor138
      @bellyanchor138 5 ปีที่แล้ว

      Same!
      I keep getting confused on what they say the process is vs how they show it going down. Which is it?

  • @monicayonatanov237
    @monicayonatanov237 5 ปีที่แล้ว

    WOWWW 🙌🏼🙌🏼🙌🏼

  • @spanthewiz8112
    @spanthewiz8112 5 ปีที่แล้ว

    Wow!!!! Your in my neighborhood!!! I'm coming to find you bruh!!! Need to meet ya, been watching your lessons.... thanks for the inspiration!!

  • @leahinvests63
    @leahinvests63 5 ปีที่แล้ว +1

    This was comical. But it’s awesome.

  • @kellywarui2568
    @kellywarui2568 5 ปีที่แล้ว +1

    Can someone please explain how the math would work for this scenario, I wasn't able to figure it out?

  • @khy7672
    @khy7672 5 ปีที่แล้ว +2

    Why you couldn't just give the tenant a 30 day notice to vacate since they haven't been paying with a sheriff

    • @d.mcclanahan2248
      @d.mcclanahan2248 5 ปีที่แล้ว +1

      My guess is to keep squatters away and accept some form of slow pay from them. Also it costs more money to file evictions with the courts

  • @GMacII
    @GMacII 5 ปีที่แล้ว

    WE LIVE!!!

  • @camronadams5816
    @camronadams5816 5 ปีที่แล้ว

    Great video

  • @UnderratedAnimeSPC
    @UnderratedAnimeSPC 5 ปีที่แล้ว

    I love this!

  • @him4440
    @him4440 5 ปีที่แล้ว

    beautiful.

  • @lordmayo8135
    @lordmayo8135 5 ปีที่แล้ว

    I think u sampled “Stacy Lattisaw- Let me be your angel “ for that intro.. am I correct? 👀

  • @LaughtersHouse
    @LaughtersHouse 5 ปีที่แล้ว

    Value!

  • @Gamesdmc3
    @Gamesdmc3 5 ปีที่แล้ว +3

    Nice!!!! 100k subscribers right around the corner,you may hit the mark before #welive19

  • @kgolden32
    @kgolden32 5 ปีที่แล้ว

    Awesome

  • @cosmicdarkmatter1128
    @cosmicdarkmatter1128 5 ปีที่แล้ว +2

    These guys also happened to be pretty decent actors....convenient!
    "Can I get paid out and not my wife?" … Hilarious...

  • @Filiku
    @Filiku 5 ปีที่แล้ว

    wow this was like a Tony Robbins seminar starting at one thing and ending up at the real reason. Good stuff yall. Thanks for sharing

  • @noel_and_elle1994
    @noel_and_elle1994 5 ปีที่แล้ว

    🔥🔥🔥

  • @flippingmetroplex36
    @flippingmetroplex36 5 ปีที่แล้ว +1

    Be good to use another Scenario….he is being difficult when he is losing a house? LOL Dang guys...you smart how did you miss that?

  • @ericschmidt4799
    @ericschmidt4799 3 ปีที่แล้ว +1

    What seller has this much time to talk.. stop dragging your feet and get the deal done... I'd have the contract signed and be on the next call in the time it takes this guy to get one call done..

  • @tonyj8947
    @tonyj8947 5 ปีที่แล้ว +2

    Here's the number i want in my pocket. Yes or no? No need for small talk. you're not helping me and i'm not moving on this number. Meet me with a certified check in your hand for $80K or we don't meet at all. I'll take my shot with a realtor or make you wholesalers outbid each other.

  • @Mike-xw4gm
    @Mike-xw4gm 3 ปีที่แล้ว +1

    How do u get these laydowns the owner hasn't seen his balls in decades

  • @issacvaldivia7018
    @issacvaldivia7018 5 ปีที่แล้ว

    Dorus haha 😂

  • @corstudent
    @corstudent 5 ปีที่แล้ว

    Fucking Awesome!!

  • @ShyGudda
    @ShyGudda 5 ปีที่แล้ว +1

    That wasn't good

    • @Eric3Frog
      @Eric3Frog 5 ปีที่แล้ว

      Why wasn't it good?

  • @MgtowRubicon
    @MgtowRubicon 5 ปีที่แล้ว +2

    High pressure sales tactics is what gives real estate investors a very bad name.

  • @cryptoglenn
    @cryptoglenn 5 ปีที่แล้ว +3

    That was terrible the rounds were not real it was like watching boys in high school theater. And there were jump cuts we need to know what happened in between takes.

  • @geraldfoster5380
    @geraldfoster5380 5 ปีที่แล้ว +1

    Not very realistic but still appreciate the content

    • @MaxMaxwellYT
      @MaxMaxwellYT  5 ปีที่แล้ว +10

      Maybe not realistic in your world but this really works and is partially true scenario. 🤷🏾‍♂️

    • @Eric3Frog
      @Eric3Frog 5 ปีที่แล้ว

      @William Scott So you are focused on doing lease options on low equity, "pretty" homes that are in pre-foreclosure? Are you doing mostly sandwich leases? What part of the country are you in?

  • @lakebruhh
    @lakebruhh 5 ปีที่แล้ว +2

    Anyone with half a brain is going to walk away from these dudes. Offering 85 then taking it down to thirty haha. Plenty of better tactics then that one.

    • @50V3RNTY
      @50V3RNTY 5 ปีที่แล้ว +4

      Well where's your video at then? So we can all see how good yours is. No one said this was guaranteed to work but its possible it can happen.

    • @chrisz7083
      @chrisz7083 5 ปีที่แล้ว +1

      Think they are saying the would give 80k in the pocket but they also take over the 400k debt. I think...

  • @Celtic-Willow
    @Celtic-Willow 5 ปีที่แล้ว +1

    Honestly, the skit was poorly executed. It could have had more reality and less humor. Phone conversations don't happen this way for the most part. How about you record a difficult call and then post that.

  • @andreyrannev9927
    @andreyrannev9927 4 ปีที่แล้ว

    He looks dow down while talking it's not good

  • @PrinceAzureZZZ
    @PrinceAzureZZZ 2 ปีที่แล้ว

    Awesome