How To Get Agents To Bring You Their Best Deals! | Masterclass #2 w/ Jamil Damji
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- เผยแพร่เมื่อ 31 ธ.ค. 2024
- In this masterclass video series about how to wholesale with agents. On this part 2 video, learn exactly how to get agents to bring you their best deals!
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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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Nah out of all videos on wholesaling real estate, THIS IS A GEMM
You guys are so right about coaching the agent. About 10 minutes ago, just before writing this comment, I had an agent tell me it would be better to find a deal off the MLS if I want to wholesale. The reason I scheduled the call in the first place is because they described their agency as agents that specialize in working with real estate investors.
Thank you Jamil & Jerry, great information!!!
Really enjoyed this episode, a lot of valuable content in here. There’s a house here in Colorado that’s’ ARV is $950,000, I got the agent to work with me and go to bat for me, I came in at $580,000, with a formula of $950,000 x .7 - $70,000 - $15,000. He said he’ll talk to the seller in the morning. Hopefully I get it, improving everyday thanks to you Jerry! 🙏🏻🙏🏻
So what was the result brother?? Tell us!!
@@isaactrujillo2022 I’m under contract right now for $580,000. I’m currently trying to find a buyer for this deal i’ve got a 10 day inspection contingency which ends in 7 days so kind of stressing here. I’ve adjusted my numbers, ARV: 1,000,000 and rehab number: 90,000. 1,000,000 x .75 - 90,000 - 80,000 wholesale fee = 580,000.
Definitely over delivered! Mad game! Thanks 🔥🔥🔥
When I do my first whole sale it will be because of the knowledge I’ve learned in this series
I propose a new book by Jerry and Jamil - The Agent Whisperer: How to Master Agent Outreach
I know I'd buy it!
Great idea!
27:41 Wow powerful content Thank you Jamil and Jerry you guys are the best.
Thank you Jerry and Jamil You guys are both flipping geniuses. I have learned so much from both of you guys over the last few years.
Amazing!! I am an agent and will definitely implement this strategy !!
Most people would charge 5k for this information. Thank you for being so giving to us all!🤙🏾
44:23 Jerry!!! 😱 ... You just solved one of the biggest problems I have had in getting into wholesaling in a matter of seconds!
Which has been the feeling of being dishonest and lying to people by saying things like:
"I'm a cash buyer looking for a deal" or "I'm looking for my next fix and flip" (when in reality I'm NOT looking to fix and flip, but to wholesale).
I have been struggling for MONTH to find the right language that is both completely honest and yet doesn't set off any unnecessary alarms 🚨 by saying "I'm a wholesaler l looking to wholesale this house".
The way you put it:
“I plan on doing 8-10 deals in this market before the end of the year,” ... and ... “I work with a group of investors in the market that are actively buying for all-cash, I’d love to work with you moving forward”
... is the PERFECT wording I've ben searching for. 😲
You guys are amazing!
Can't wait to hear more, and I'm really trying to be there with you guys in November.
Lord wiling. 😊
🔥🔥🔥🔥
you guys are a flipping genius
This is Gold!!!
Awesome video Jerry! One of the GOATs! Between your content and the Free Wholesale School community on Skool, I'm confident I'll have my first deal in no time!
You both brought me out of my depression mode. Ready to change the trajectory of one’s family. TEAM JERRY!! 🎉🎉🎉
You got this. With god all things are possible
@@FlippingMastery 🙏
As someone who has just now entered into the direct to agent strategy, I cannot express enough my thankfulness for this episode. Pure gold! Thanks guys for providing so much value and for all you do and share! John B. Smith 🤙🏼
Glad to help!
“Jerry you are a flipping genius ” i love how you throw gems @ 26:36 i am in the Texas market i hope to use the designated agency approach
And work with you soon.
Jerry and Jamil awesome content
“Agent Whisperer” thats awesome, The entire video was yet again, AMAZING, I especially liked Jamil's agent approach at about Minute 30, on expired listings, I am a R.E Broker here in South Cali. And early this year started this new journey in Wholesaling. If you could see my note book, i have about 5-8 pgs. Of amazing notes and ideas from you two. Can hardly wait to the next Vid.
I'm wholesaling in SoCal too let's connect!
From CRIPP’N to FLIPP’N aka wholesaling contacts LOVE YOU GUYS AND THANK YOU
🙏🙏🙏
This is so good!
39:15 love the opener for agent outreach
Sooooooo much fantastic information here. Will be watching again. ❤
Me too!
Thank you Jerry and Jamil for all the valuable lessons you have presenetd in this videos and the other videos, it takes me literally a day to break down the video and take notes of each and every important script/ information/ FYIs/ things to be careful of. I am in the process of founding a Legal entity to use, as soon as I do my first deal, and have enough to pay the next month rent, I will go full time on this without remorse. I will surely join to be one of your students once I can afford it, my plan is to pull only enough to cover my household essential expenses, live below my means, and consistently dump the money back to the business to scale it exponentially faster than usual. Thank you very much for taking the time and investing your efforts to give us free learning knowing that you don't have too. may allah bless you.
You got this! 🙌
The agent / I-buyer thing🤯
Wow this last hour listening to you two was time well spent! I absolutely loved all the information about “training the Agent” on how to take offers back to their sellers. On top of that, as someone who calls agents all day, I loved the questions asked for creating and deepening relationships with them. I’m looking forward to applying all this wisdom on my next calls starting now… 💥🙌🏼 Thank you.
Glad you enjoyed it!
Flipping Geniuses 🙌
Another gem field video. Thank you ✌️
Value on value on value on value 🔥🔥🔥🔥
Me personally.. I look for vacant, days on the market, and price reduction (s). A 90 day listing needing minor work with 2 reductions and vacant are hot...
I cannot wait for the live calls!!!!
Found a home I’m getting under contract for 129, list is 135 and ARV is 260, w about 30 in repairs! Pray this the one !
Damn awesome content Gents!! Blown away…🤙
going through this masterclass day by day to learn how to close my first deal within 30 days!
Even more Flipping Handsome Genuises since the last video!! Hows that even possible??
🥰🥰🥰
hey jerry, I'm 18 years old and just started calling agents after learning about wholesale for a couple months. I was wondering how u can make all these calls to agents about listings without actually going in person to see them. If u do go in person to see the listing, wouldn't it take too much time if u have to repeatedly do that?
thank you.
We talked about that in vid 3 - th-cam.com/video/dGetPfQlKgs/w-d-xo.htmlsi=gWQ5BWiF8JvyRnpu
I have a quick question with the strategy that Jamil was talking about with the agent. If it’s an expired listing because of price, then how would he/she go for a lower price offer? If so how much lower? I get the concept but confused with the seller taking a cash offer. Please explain. Thanks for the content. You guys give amazing advice and are both flipping genius!! Appreciate yall.
For one… all that time has passed and they are likely very motivated to sell.
Hey Jerry, Jamil told me to tell you, you’re flipping handsome.
all jokes aside awesome content as always.
appreciate y’all
🥰
47:54 123 Banana Street 😂
Good video uncle jerry
When it comes to the triple dip method, what is the appropriate term or number when offering a split of your profit after an assignment?
I’ll usually throw another $2-3k on top
Im an agent.. and I do this. Get at me!
Doing this techniques on monday 😊 $10k here i come !
I learned a new strategy with having a buyers agent call expired listings and JV'ing assignment fee 🤯
Flipping genius!
Dope
crazy gold
Too good
Love these! Hey Jerry, just FYI the playlist is out of order for some reason now.
I’ll fix it
So if an agent becomes the transaction broker in a deal do you still sign their purchase and sale agreement right?
Correct
You can do the right things but in the wrong order they fail!
You Guys' are Flippin' Geniuses! Jerry and Jamil behind the wheel! Awesome Content!. I am a Licensed Agent in Indiana but due to recent changes, I moved to Referral Agent status only. Is that still advantageous? Thanks for all you guys do.
Keep you license active. Access to mls is huge, setting up your own showings is huge
@@FlippingMastery Ok, thanks, Jerry. Apparently, I can resume at any time by paying Mibor MLS Fees. I don't have anything happening in that direction yet. I am also concerned about the Brokerage regulating, or even dipping its hand in every transaction. Curious how to avoid that as a Wholesaler. Could you do a Video on how to use your Licensing to the best advantage and how to avoid the pitfalls of a VestorAgent?
@@stevenhayes6908 you should join my team at Real Brokerage. We do regular training on how to be a licensed investor.
Join myAgent/Investor Team!
flippingmastery.com/rec/
What do you recommend for learning the basics of a market pretty quickly? then I can delve deeper as I grow in the industry. When you JV with agents do you go under contract usually or is the best thing to do pay them through escrow like Jamil said? That's brilliant by the way thanks for the tip
Hi Jerry,
I wanted to share my story with you-I’ve been working relentlessly to secure buyers for my off-market property in Detroit and have been using every tool at my disposal, including building my own systems to stay on track. Your advice has been a huge inspiration in this process. I’d love to discuss how I’m navigating the challenges and maybe even serve as a case study or poster boy for others who are grinding to make their deals work.
Let me know if you’d be interested in hearing more about my journey.
I had an agent tell me that if he did business with me I could only work with him and no other agent. For me that was like a red flag wasn’t really feeling that. Whats your take on something like that?
Don’t do that.
Thanks for the content! Question for you guys.
Im building out my agent outreach list and I have some personal relationships with agents in my area (grew up together, went to school together) how much would that affect their fiduciary responsibilities? Would it be “legal” for them do business with me ?
Of course they can. I’m friends with my best agents
@@FlippingMastery thanks Jerry 🙏🏽
Jerry is handsome
What about Jamil?
2 HEAVY DOODY’S
Are you signing non-exclusive buyers agent agreements? This new rule just took effect. If not, what's your workaround?
Yes
@FlippingMastery curious here...wouldn't the require committing to a specific commission %? How do you structure it? If its for flipping, flat rate is simple enough. But splitting profits on wholesale deals... what does that look like? Thanks y'all.
Kerry e mail the two your in Florida
Would love to connect to a wholesaler, but they all seem to want a $10k initiation/education fee. Feel like it’s a bit scammy
So Jamil is paying strictly 50% of assignment as commission, not 50% plus 3%?
City your iin
Gold nuggets!!!!
This is great information I would love to meet you guys
Join Jerry and Jamil for A LIVE 4 Day Workshop (limited seating)
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THIS EPISODE WAS FILLED WITH ON MARKET GAME AND NETWORKING FOR VALUABLE RELATIONSHIPS!
Wow, this series is so timely for what I’m implementing in my business right now.
Jerry, I’m an agent and have cash buyers that I will either wholesale to or represent on the initial offer.
Would you say being licensed and trying to wholesale on market deals would be a pro or a con?
I’m by a big proponent of getting your license. Watch this - th-cam.com/video/Xh9Pu3n1UJQ/w-d-xo.htmlsi=5cVftSB4rdtN7K5l
Jerry we need a video on how to find the best lenders for the takedown method 🫡