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THIS SCRIPT MADE ME MILLIONS! | Cold Calling Step by Step Guide | Wholesaling Real Estate

28.7K views
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November 25, 2021
by
Flip With Rick
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THIS SCRIPT MADE ME MILLIONS! | Cold Calling Step by Step Guide | Wholesaling Real Estate

TL;DR

Learn how to start cold calling in real estate wholesaling, the most cost-efficient way to find motivated sellers, and follow a step-by-step guide to success.

Transcript

have you ever wanted to learn how to cold call but never knew the exact steps well in today's video i'm going to show you exactly how to start cold calling in wholesaling real estate as a beginner what's up guys my name is zach in and i started wholesaling real estate at the age of 17 and i quit my bad boy job and made over a hundred thousand dolla... Read More

Key Insights

  • 🥶 Cold calling is a cost-efficient method to find motivated sellers in real estate wholesaling.
  • 🥶 Free government lists, such as code violations and tax liens, can provide potential leads for cold calling.
  • 🥶 Consistency and taking action are crucial for success in cold calling.
  • 📲 Skip tracing helps in finding phone numbers for cold calling.
  • 🤩 The two key questions during a cold call are to confirm ownership and assess interest in selling.
  • 🥺 Qualifying leads based on motivation, property condition, time frame, and price is essential.
  • 🥶 Cold calling requires effort, skill, and time, but it can lead to significant profits in real estate wholesaling.

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Questions & Answers

Q: Why is cold calling considered one of the best ways to find motivated sellers in real estate wholesaling?

Cold calling allows you to directly reach out to potential sellers and build connections, leading to more opportunities for deals. It is a cost-efficient method that can yield high profits if done consistently and effectively.

Q: What are some free lists that beginners can use for cold calling in real estate wholesaling?

Beginners can access free government lists such as code violations, water shutoffs, fire damage properties, tax liens, probates, and divorce leads. These lists provide potential leads for motivated sellers who may be looking to sell their property for cash.

Q: How can skip tracing help in finding phone numbers for cold calling?

Skip tracing is the process of finding someone's phone number. It can be done for free using websites like truepeoplesearch.com by inputting the property address. Alternatively, skip tracing services like Batch Leads or Propstream can be used for a fee.

Q: What are the two key questions to ask during a cold call in real estate wholesaling?

The first question is to confirm if the person being called is the owner of the property. The second question is to ask if they are interested in selling their property. These two questions help identify potential motivated sellers.

Summary & Key Takeaways

  • Cold calling is a cost-efficient method to find motivated sellers in real estate wholesaling.

  • The process can be done for free or with some budget, and it is a great way to build confidence and skills in the industry.

  • Cold calling involves identifying motivated sellers, asking two key questions, and qualifying leads based on motivation, property condition, time frame, and price.


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