Tip To Get More Offers Accepted From Sellers

[@chinstrapjoe]

This man is so valuable, protect him at all costs.

[@blake8ism]

Facts.

[@sanov6219]

💯

[@NeilBarley]

Jerry! You ARE a flipping genius! And killin' that lower taxed lifestyle in PR.... : - )

[@TsetsiStoyanova]

This man is my hero

[@FlippingMastery]

👊🏻

[@tonyjablonski]

Jerry you have many outstanding videos. This is right up there with the best of them. Happy New year! Thanks a million.

[@kellybrooke9068]

I learned to not waste any time, it’s of the absolute essence!!! If I drag my feet it gives an another investor the opportunity to get the deal! Get the contract with the inspection contingency and then do my due diligence!

[@blackhoodiebandit]

Geez, I appreciate you heavy bro. You dropping real gems. The GEMS I been looking for that people beat around the bush. YOU THE MAN✊

[@MsMRE79]

Thank you Jerry! Awesome video. Biggest take away: best use of time!!! This business can be so overwhelming to get started and this was a perfect step by step guide!

[@vontemarquise4218]

Best video I’ve see. I a very long time. Thanks so much

[@goodlife3437]

High level repair cost was AWESOME! Newbie here just getting ready to get started wholesaling/fix and flipping....thanks for the content!

[@FlippingMastery]

👍👍👊

[@demoman2798]

Love your videos Jerry, they are incredibly helpful, thank you!!!

[@FlippingMastery]

🙏👊

[@luxuryhomes1695]

Superb Video! 👍😀 I admire your videos!! Keep it up!

[@skkylerone969]

Awesome as always! Be Blessed Mr Norton!!

[@sykritmanuwva4472]

Love the psychology on the execution,, Maaaan,,your Sharp!👍👍✌

[@stephaniegrable2612]

You’re a godsend!! Thank you for all you do and the value you add to so many lives😊😊

[@timalan333]

Greatest video ever. Thank you!!!!

[@JJ-pw8yo]

Jerry! You're a flipping genius!

[@earlybird107]

This a good strategy because time is very important 💯

[@paradisebright6072]

Waw waw waw waw Mr. Norton. God blessed you so much. How did you know my heart? You answered my question on this video. After almost a week to do comps, then the agent said someone else did offer. Now, I will change my mentality. Thank you so much. May Lord Jesus God Almighty bless you.

[@overjoyedstudios]

So awesome Jerry!!

[@emiliomejia5331]

You have opened my eyes wheee I can’t even close them! It sounds odd but it makes complete sense especially if you have a contingency cost to exit out of it why do all that work up front? Absolutely amazing stuff you are a true flipping genius!

[@sniknej79]

thank you and stay blessed bro.

[@FlippingMastery]

🙏👊

[@SuperTay187]

thank you im watching all your videos

[@Humblewon]

Great video bro !!! Super informational i love your help with REI

[@FlippingMastery]

Glad to help

[@allylioness732]

Thank you .

[@FlippingMastery]

You are welcome!

[@robertrichards6758]

These tips are so helpful! Very clear and logical actionable steps to take. Amazing content!

[@ejohnson9370]

Wow your just AWSOME! I must admit I have anxiety about starting this house flipping career, but you are putting me at ease. You make it so simple and to top it off you offer free advice, you are doing God's work by helping others to financial freedom. Being a single parent of three and a retired Navy Vet thank you, I will definitely be passing this on and paying it forward like what you are doing! You should be on HGTV!!!! YES LET ME SPEAK THAT INTO YOUR LIFE!

[@okitheone7442]

How is it going for you now? You rich these days?

[@starr8111]

Wow u are insane with value

[@FlippingMastery]

+S R Thanks! What was your biggest takeaway?

[@georgeeaston9631]

Jerry you are a flipping genius. This calculation on fixing per sqft is it still accurate on current market price! Or the figures deal analyzer is more reliable?

[@luisgamez9941]

Maybe for an experienced wholesale which I'm not. But I'll keep working on it.

[@jeroldmoore2334]

Jerry the way you streamlined the process in this video has compiled 10 years of my studying real estate. I didn't know how to put it all together which made me afraid to EVER doing a deal. Thank you for simplifying what seemed to be rocket science and I will forever be a student of your teachings and share with others how you are the clearest shot to success in the wholesale space. You're humbly appreciated Jerry.

[@ciprodriguez]

If i had only started when i got into the Fast track years ago. I have missed out on so much opportunity like included limited time flipster software. That is the past though. Starting over also means letting go of the past and restarting fresh. There is still plenty of room in the wholesale game no matter how much you see other people doing it. The amount of really good wholsaliers is smaller than people think.

[@FlippingMastery]

its time for action NOW!!

[@robertrodriguez578]

Time spent before contract- bad use of time 😩👎 Time spent after contact-good use of time 😎👍

[@yayathequeen6199]

Thank you Jerry I love watching and learning from you ! I have a question , What if the zillow zestimate is blank? Sometimes when I a trying to find comps or look for a zestimate on zillow.com there isnt any information . The zestimate is 0 what should I do in this situation??

[@FlippingMastery]

You should always use real sold comps no zestimate. If there is missing information you may need solds from an agent.

[@tamarathomas6380]

Jerry can you make a video how to wholesale commercial real estate start to finish

[@FlippingMastery]

+Tamara Geffrard 👍

[@williammallet6159]

Hi Jerry. Thanks so much for always sharing your wisdom. Have you ever had to extended your due diligence time frame with a seller and if so how often might that happened? 😉

[@magic1keys]

Hey Jerry great info!!! I did t see the Assignment contract for me to download

[@FlippingMastery]

magic1keys It’s part of the QuickStart kit MyQuickstartKit.com

[@MrKdarby34]

Hey Jerry, quick question, just make sure I’m understanding you correctly. When making the ball park offer, we should take 60% of Zillow zestimate? If they agree to that offer, we than our actually ARV and run the formula? Also is that 60% including wholesale fee or do you subtract your fee out of the 60%? Thanks my man and sorry for the long questions. Just want to make sure I’m understanding you correctly

[@FlippingMastery]

60% includes your wholesale fee but remember, it’s just s ballpark to see if the seller is in the range

[@MrKdarby34]

Flipping Mastery TV ok I got it. I just wanted to make sure, especially when I have my guys making cold calls.

[@gabe5856]

LOOKING FOR THE TEMPLATE CONTRACT!!

[@FlippingMastery]

👍 My purchase and sale and assignment contracts are included with my free quick start kit. Get it here: myquickstartkit.com

[@Nikkim215]

@@FlippingMastery I thought the contract form was free?

[@rickboone1090]

Jerry...thanks for the video. QUESTION: This may be the Realtor in me talking and not the investor side. How do you make an as-is offer and simultaneously build in a due diligence contingency to be able to walk away if needed? Thx!

[@FlippingMastery]

Use a 10 day inspection contingency

[@MsMRE79]

This is a good question. I viewed it from the seller’s end. Seller might think it sounds like a contradictory statement to say “as-is” but then need to come see it and possibly back out. But what we are saying is we WILL buy it as-is but the purchase price might have to change.

[@kellysanabria5994]

Double check the as is addendum in your jurisdiction . I’m in MD and it says you can get an inspection but the seller won’t do repairs, so we still are able to have the inspection contingency to be able to walk away

[@TalkMyShiit]

Is this ideal for "On-Market" listed properties as well?

[@FlippingMastery]

Sure

[@TalkMyShiit]

@@FlippingMastery Awesome content, its like sitting in class and learning from a "PRO".

[@teamboltyt3325]

Jerry, what do you think about wholesaling in New York

[@FlippingMastery]

I’m not a big fan of non disclosure states but otherwise it’s a great place to flip

[@nellys3894]

I'm definitely making at least 10 offers a day, if not more since Friday, I'm getting a lot of sellers responding back. Because I'm in your finders program not sure what your desired profit is. My offers seems very low and I'm not getting any bites.

[@ZaneyPooh]

Nelly S if you don’t mind me asking, how does Jerry’s Finders Program work?

[@deemarieee9466]

Are we looking to find individual sellers to contact or can they also be listing agents?

[@garyskalmusky6005]

If you find something wrong with house and the sender doesn’t drop the price. You back out the contact do you lose the earnest money?

[@camrynfort9496]

Hey boss I know you don’t have much time on your hands but I have question about the listing? It’s listed for 450000 the IDA gave me a ask price of 150000. So I called the agent an found out it’s sitting on a lot of land an also has a unfinished upstairs. The agent also told me he thinks the ARV could be around 500000-600000. I’ll send the link to the listing if you could give me a little bit of advice so I can get my ask price in it will be greatly appreciated!

[@Tommy06289]

Hi Jerry, great video! Question for you, after we make the offer and get the contract signed, do we then send the contract to the Title agency to hold and after we do our due diligence, get a new contract ready with the new buy price and then send it back to the title agency? Also do you have a facebook group?

[@FlippingMastery]

Yes that’s correct. Facebook: @flippingmastery

[@masonurbina6845]

Jerry, where is the contract template link?

[@nellys3894]

Hello Jerry, been making offers all morning and afternoon. No accepted offers yet. How can I make offers and follow up offers without it taking half my day?

[@FlippingMastery]

+Nelly S Making offers playlist kzbin.info/aero/PLNDQ7qfA7mTgre6Tsh6vXIK5uX8AzSFph

[@vegameech]

Hey Jerry, I live in Las Vegas man, you think it's a hot market right now ?

[@FlippingMastery]

yea, Vegas is hot.

[@nellys3894]

When analyzing deals through deal analyzer, are we suppose to be at 20% or 35%?

[@FlippingMastery]

+Nelly S 9% closing costs 6% carrying costs 15% profit - wholesale fee - repairs

[@nellys3894]

@@FlippingMastery Jerry, is 15% the desired profit when in your finders program?

[@eulab8571]

Can You please do a video about absentee owners with high and low equity and how to talk to them ??? Please

[@_matthew_t]

The contract isn’t even in the description.

[@starr8111]

After contract is signed how do you properly cancel a contract do you provide a cancellation contract they sign

[@FlippingMastery]

+S R Yes

[@starr8111]

@@FlippingMastery do you have a template of the cancellation contract

[@starr8111]

@@FlippingMastery and what if they dont want to sign the cancellation contract

[@FlippingMastery]

+S R If it’s on market, agent will have. If it’s off market, just put in writing that you rescind your offer

[@starr8111]

Flipping Mastery TV but what if they dont want to sign that i rescind offer what would you do, do you email you rescind it and do you have to state why

[@corrinvestors3303]

Can you do a updated version?? 2023

[@nellys3894]

Why do sellers always say they have much higher offers then the offer you give them, yet the property still hasn't sold?

[@FAXX601]

Nelly S Late reply, I think in my opinion is that because sellers will always believe their house is worth more than it is, and/or that they wanna try to motivate you to buy quicker.

[@dbaseballjunkie]

Most of the time they're possibly lying to get a higher offer. Just move on and let them know if they change their mind your offer still stands. Also, follow up, follow up, follow up!

[@Grejegando]

They could be lying or not. Sometimes the buyer with the high offer fails to arrange the funds or the lender is taking more time to approve their loan. It could also be an issue that the buyer has discovered during an inspection and now they are renegotiating their offer. It could be a stubborn seller that won't budge or has an emotional attachment with the house. It could also be that the seller can't go below a certain amount because they need the money to cover an emergency expense, help get a family member out of trouble, and so on. It really could be anything but agents lie all the time. I've met honest ones though so they do exist.

[@Thetallrealestateguy]

Jerrrryyyyyy✨✨✨✨✨

[@sesparza5020]

Where do you get majority of your leads?

[@FlippingMastery]

Getflipster.com

[@asandixon6747]

Yeah honestly I feel like getting the contract more plays to your advantage. Make you’re best judgement from the start and then come back and say you need to lower price. As far as sales this really works because the seller is anxious for the contract to go through and get paid so at this point their more willing to go lower on price to make things happen.

[@FlippingMastery]

+Asan Dixon Right on! 👍👉💵

[@theanthonyharris]

hey Jerry didnt understand when you say Zillow estimate and x it by 60% that's the ballpark. I understand what you said but the numbers don't add up.

[@FlippingMastery]

Real_Talk_ Tony $208,000 x .60 = $125,000

[@theanthonyharris]

@@FlippingMastery what about my wholesale fee and repairs. You never said nothing about that.

[@asandixon6747]

Real_Talk_ Tony you’d work the deal back from there

[@wavyboy2887]

So when you give them the EMD where does the money go? Into a bank account? If you have a video can you lead me to it?

[@FlippingMastery]

Title company holds it in escrow

[@wavyboy2887]

Ok thanks I’m working on my first deal looking to invest into flipster . An once I get my first wholesale I’m purchasing your program as a mentor

[@nellys3894]

Jerry, is 15% the desired profit when in your finders program?

[@FlippingMastery]

+Nelly S Min $40k profit

[@nellys3894]

@@FlippingMastery ok Thank you

[@ricardoramirez6868]

Where is the contract template?

[@wavyboy2887]

Where’s the template for printing contract don’t see it in link

[@FlippingMastery]

Go here: myquickstartkit.com/

[@FlippingMastery]

Also here: Freesellerscripts.com

[@Nikkim215]

@@FlippingMasteryI don't see how to get the template for free

[@scottosborne6848]

Hey Jerry, you’re the greatest! May I have one of your contracts?

[@jessicastewart6863]

How do I approach a seller with an offer?

[@faddehalabi755]

Awesome strategy that saves so much time & money. But u say that your deal analyzer is free which is not??

[@FlippingMastery]

Its Free! Go here: instantdealanalyzer.com

[@greendaguilera]

what is 12 x 0?

[@jackie2489]

Where’s the free assignment contracts😫

[@JuancoPRoFlow]

Hey Jerry, great info as always. I have a dilemma with a GC i am working with right now. I hope you can help. So to make a long story short, this GC wants to abandon the project just because we had a small argument over something real minor. He's threatening to pull out his license and telling me to finish the new construction project my self, when I already got approved for financing with a bank, I have paid subs and suppliers for materials. We are at the trusses phase of the project. The homes are on blocks and was going to mount trusses this week and now he comes at me with this BS. What do you think I can do about this. I am building two homes with this guy, and both homes i am using OPM, one is a financial institution and the other a loan from my brother. This really has me upset, can you give me any ideas of how to handle this. I really do not want to stop the construction. Thanks

[@FlippingMastery]

+Juanco_"C.E.O." Problems early on don’t get better they get worse. He works for you not the other way around. Fire his ass and get a new builder.

[@gabe5856]

where is his template contract?

[@FlippingMastery]

👍 My purchase and sale and assignment contracts are included with my free quick start kit. Get it here: myquickstartkit.com

[@XxCobraKlutchxX]

The contract I’m using asks for the sellers social security number, what if they don’t want to give that information out?

[@FlippingMastery]

you don't need that. Don't ask for that

[@XxCobraKlutchxX]

Where can we find other contracts or can we use the one you use?

[@promisedcovenant9917]

Hey Jerry, when wholesaling with an agent involved, what is the best way to reveal that the contract will be assigned, and at what level of the process is the best time to reveal?

[@FlippingMastery]

+Lonestar Acquisitions You don’t have to tell them at all. They’ll find out at closing. Watch this: kzbin.info/www/bejne/oqO0YoKPZ7igaZY

[@darylthomas2659]

I tried to get the deal analyzer software and it tried to bill me.

[@FlippingMastery]

+Daryl Thomas Free software login is emailed to you.

[@nellys3894]

How do I respond when seller says, "we do not accept offers unless you see the property first."

[@bryanth271]

I guess u could say "u dont do appointments without a commitment to make the final decision at the conclusion of said appointment"

[@meesha9010]

Well the point Jerry is trying to make is.. you’re not necessarily expecting them to accept the offer over the phone. You just want to make sure that you and the seller agree to be in the same ballpark. You want them to be on the same page in regards to price before you visit the property

[@heronleal3582]

i got two address that maybe you be interested in. I could not find the owner's number

[@HjCrawford]

You can go to your county website and put the address in, that will give you the owner names. Then go to a site like truepeoplesearch.com and skip trace for contact numbers.

[@FlippingMastery]

Skip trace to get numbers. watch this: kzbin.info/www/bejne/j5acn5qBiqeDlbM

[@brianpatterson7419]

Did you do it ?

[@reflexboxer2ndlt807]

I assume this is for flipping not wholesaling

[@ieatelders7692]

So if I’m understanding this correctly, the WORST thing that can happen if you LOSE a contract, you ONLY lose the earnest money you put down?

[@trndstr84]

Our seller only wants to give me a 3 day inspection period! Like really? He hasn't even let me see the inside of the property yet and he says it doesn't take long for us to see what's needed to be done. He is beginning to get on my nerves, he is making it very hard to do business.

[@FlippingMastery]

+Mr.Garcia Yea that’s frustrating.

[@yungmuda414]

Due to COVID-19 should we reduce another 15% - 20% on the Zestimate formula? So only 45% of the Zestimate? 208000 * 45% = $93,600

[@FlippingMastery]

Sure

[@rickboone1090]

Brainfart....due diligence is built into the contract for evaluation, not to ask for repairs as in traditional transaction...thus the "as-is" clause is protected....👍

[@erikafranklin_official]

I'll take flipper b for $10000 Alex

[@scottosborne6848]

Are you a Christian?

[@FlippingMastery]

Yes 🙏🙏🙏

[@scottosborne6848]

It shows! You are a great example.

[@BoldWittyName]

I'll be the 2nd dislike on this vid. More trash advice. No wonder he looks nationally for deals. He must wear his welcome out very quickly with locals by spamming offers and performing due diligence on everyone else's time. Not saying it won't work early on, but it will burn bridges quickly. Be ready to go national, or hide behind multiple agents and LLCs if you plan to follow this advice.

[@RaytheCarGuy]

why would you need to hide ?