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The Wholesale Truth Podcast - 3 Ways To Comp Your Wholesale Deals & Calculate Your Maximum Allowable Offer For 5 Figure Profits

3 Ways To Comp Your Wholesale Deals & Calculate Your Maximum Allowable Offer For 5 Figure Profits

The Wholesale Truth Podcast

06/19/24 • 35 min

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#15 In today's episode, Watson shares three key methods to determine the property's value and calculate the maximum allowable offer, designed to help beginners and seasoned wholesalers alike turn deals into substantial profits. Tune in for practical insights on using tools like Redfin and Propstream, building rapport with sellers, and navigating the intricacies of the distressed property market.
Watson also unpacks the art of negotiating property deals by understanding the seller’s true motivations and needs. He dives deep into the importance of results-based conversations, revealing how asking the right personal questions can shift negotiations from mere price-focused discussions to mutually beneficial solutions.
Whether you’re just starting out or looking to refine your strategies, this episode is loaded with actionable advice to help you close more deals effectively. Plus, don’t miss Watson’s top tips on bridging the gap between a seller’s problems and the solutions you can provide. Let’s get started!
0:00

Intro

2:33

What's An Offer

4:55

Comp Formula #1- BRV

15:11

Comp Formula #2- ARV

20:44

Comp Formula #3- LRV

33:14

Call To Action- 1,2, or All 3

35:08

Outro- Join Waiting List For Wholesale High Skool Community
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www.thewholesaletruth.com

06/19/24 • 35 min

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bookmark
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The Wholesale Truth Podcast - 3 Ways To Comp Your Wholesale Deals & Calculate Your Maximum Allowable Offer For 5 Figure Profits

Transcript

Because if you're running your comps right and I'll show you a couple methods on how to do that. Your numbers should be good. But if you're not building rapport, building trust, and actually solving a problem for the seller, that number, even if it makes sense, may still get rejected by your seller.

Welcome, welcome. Welcome to the Wholesale Truth podcast. I am your host, Watson sing Sonly. And in this podcast, I share all of the storie

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