How to Close Sellers Over the Phone! | Virtual Wholesaling Real Estate | Summary and Q&A

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October 22, 2021
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Flip With Rick
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How to Close Sellers Over the Phone! | Virtual Wholesaling Real Estate

TL;DR

Learn how to close virtual wholesaling deals genuinely over the phone with tips on building connections and reducing ghosting.

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Key Insights

  • 😚 Genuine connection is vital in closing virtual wholesaling deals over the phone.
  • 👻 Utilizing tools like DocuSign simplifies the signing process and reduces ghosting.
  • 🧑 Meeting sellers in person can enhance trust and rapport in the virtual wholesaling process.
  • 👻 Staying on the phone during the signing stage eliminates excuses for ghosting.
  • 🤝 Building a strong relationship with sellers increases the likelihood of successful deal closures.
  • 🥶 Providing free value and mentorship can attract aspiring real estate wholesalers.
  • 👥 Joining mentorship programs and mastermind groups can offer valuable support and knowledge in wholesaling.

Transcript

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Questions & Answers

Q: How important is building a genuine connection with sellers for closing virtual wholesaling deals over the phone?

Building a genuine connection is essential, as it fosters trust and rapport, increasing the likelihood of closing deals successfully. It's not about using fancy sales tactics but rather being authentic.

Q: What strategies can be used to ensure sellers close over the phone?

Using strategies like staying on the phone during the signing process, using DocuSign for easy contract signing, and eliminating excuses for ghosting can help ensure successful closures.

Q: Is meeting sellers in person necessary for virtual wholesaling deals?

While meeting sellers in person can enhance the connection and trust, virtual wholesaling can still be successful by utilizing tools like phone calls and email communication effectively.

Q: How can sellers be prevented from ghosting after agreeing to a deal over the phone?

By staying on the phone during the signing process, using DocuSign, and eliminating excuses for delaying the signing, sellers are less likely to ghost and more inclined to finalize deals.

Summary & Key Takeaways

  • Genuine connection and building rapport are crucial for closing virtual wholesaling deals over the phone.

  • Tips include staying on the phone during the signing process, using DocuSign, and eliminating excuses for ghosting.

  • Meeting sellers in person can also improve the closing process when dealing with virtual wholesaling.

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