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Not too long ago, I wrote an article about how no one is looking for a real estate wholesaler.
I personally wholesale lots of properties, but how come I don’t want wholesalers calling my phone lines unless to ask about coaching?
I will tell you why.
Good business is about value but we have to be careful when we use that word “value”.
Value is like beauty; which is in the eyes of the beholder.
Value is in the eyes of the recipient.
An inexperienced real estate wholesaler has a tendency to define what value is for the recipients.
That’s bad business.
They do it with sellers, buyers and they also do it with their fellow real estate wholesalers.
With sellers, they say things like…
“I’m just trying to help you .”
Well what’s the problem with that?
The problem is the act of saying it rather than actually helping the seller.
With fellow real estate wholesalers, they call the numbers on their bandit signs and ads to ask if they can JV without actually having a prequalified buyer who is interested.
Well news flash; That’s very annoying.
Just because you have an intention to help or bring value doesn’t mean that you are helping or bringing value.
Everyone loves value if it’s real value.
Remember that value is in the eyes of the recipient; not the giver.
Instead of being a nuisance to another fellow real estate wholesaler, call them only when you have prequalified a buyer prospect for a specific property.
Don’t call to express your great intentions; everyone else already does that.
If you have that kind of real value, you are automatically not another wholesaler, you are a player.
So to be a player, you have to have a daily leads generation pipeline that is attracting quality buyer leads daily.
If you do, there will be no cause to be salty about other real estate wholesalers who are simply protecting their time.
Below is a question for us to address with this lesson...
“Way too often do I see "NO WHOLESALERS" in descriptions of properties I see marketed all over the place.
And it drives me crazy lol !
As a wholesaler or an investor, you want as much help as possible.
IT IS IN YOUR BEST INTEREST TO GET HELP FROM OTHERS.
I get that you want to cash in your whole fee and not have to split a share of it with anyone else.
BUT that right there is the difference between many people in this field.
REMEMBER!!! there is no room to be greedy in this business.”
Enjoy the video.
BLOG POST - https://myempirepro.com/blog/
ABOUT YOUR HOST ::::|
Ola "Tux" Abitogun is the Creator of myEmpirePRO and author of Smart Real Estate Wholesaling. He became a FULL TIME entrepreneur in October 2006.
He is a computer engineer and an engineering management graduate from New Jersey Institute of Technology; (NJIT) class of 2004/5. He was born in Dallas Texas and raised in Nigeria by his Nigerian parents. He considers himself a proud Nigerian American.
Today, he is a marketing addict, trainer, marketing and business consultant, real estate investor and all around serial entrepreneur. Most importantly, he is husband and a father. The professional work he is mostly proud of is personally helping 1,000+ entrepreneurs around the world reach greater heights in their careers.
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