chris chico what to say and not say to motivated sellers real estate course

by Terrence Schneider 8 min read

Should Real Estate Investors talk to motivated sellers?

Personal Help Coming From Chris Chico – You will get access to his “Find Motivated Sellers Online” Facebook group to assist in responding to some questions you’ve got about applying Facebook ads to your real estate company. You will have the chance to take advantage of the leading edge of what is working today, mastermind with some ...

Why work with motivated sellers?

In this video, Chris shows how you can find potential motivated sellers on CraigsList. There are many keywords that you can search for on the site. The perso...

How to find motivated sellers on Craigslist?

“How Find And Flip Properties Anywhere In The USA Using Only Your Cell Phone And Laptop… Make Plenty Of Money… And Enjoy A Quality Lifestyle with Plenty Of Freedom and Time.” I’m giving you access to the various systems I personally have in place that run my entire real estate business like a well-oiled machine. Just imagine, when you model your real estate business …

How can this Motivated Seller script help you?

In this video, we're going to talk about how motivated sellers desperately need you. Yes, that's right. They need you!Now you may be thinking..."Steven, that...

How do you talk to motivated sellers?

1:079:06Three Tips For Talking to Motivated Sellers - YouTubeYouTubeStart of suggested clipEnd of suggested clipBuild rapport and negotiate. And land a contract on a deal that you can flip for profit. Okay. SoMoreBuild rapport and negotiate. And land a contract on a deal that you can flip for profit. Okay. So first thing is when you're talking to motivated sellers is you want to listen carefully.

Who are the most motivated sellers in real estate?

Here are some different kinds of motivated seller lead lists you could acquire and market to: Attorneys (Probate, divorce, estate, etc.) Realtors. Absentee owners.

How do you target motivated sellers?

Other free ways to attract motivated sellers include: creating bandit signs, searching the MLS for expired listings, contacting landlords to see if they are evicting any tenants, visiting estate sales, attending foreclosure auctions, and of course, networking with other experienced investors.

Who is Cris Chico?

About Cris Cris Chico is the mind behind the real estate investing concept known as “virtual wholesaling.” This simple, but powerful “flip CONTRACTS, not houses” method offers users the ability to close more deals using only a laptop … And they can do it from anywhere in the world.

How do you negotiate with a motivated seller?

Even when the sellers are anxious to sell their home, negotiate so that you get the best price and terms.Find a motivated seller. Look for the combination of a house with a lot of equity and an owner who wants out fast. ... Determine your price and terms. ... Meet with the seller. ... Offer incentives. ... Wrap up the deal.

What is a motivated seller lead?

What Are Motivated Seller Leads? Motivated seller leads are individual homeowners who are in a hurry to rid themselves of a property for one reason or another. What's more, their reason for selling actually works in favor of investors, as their asking price is typically contingent on the level of their motivation.

How do you tell if a seller is motivated?

10 Ways to Spot a Motivated SellerThe listing says so. ... The owner is moving far away. ... The owner has a change in life status. ... The house is empty. ... The house is overcrowded. ... The house is underused. ... The sellers are elderly. ... The property is listed by an estate.More items...•Apr 27, 2018

How do real estate sellers get motivated?

How to Find Motivated Sellers: 7 Great Ways to Try TodayDrive for dollars. ... Contact local attorneys. ... Network with county and city inspectors. ... Direct mail marketing. ... Visit For Sale By Owner (FSBO) sites. ... Check Out the Mashvisor Property Marketplace. ... Check MLS expired listings.Feb 2, 2021

How do you market to sellers?

Top 9 Ways to Generate Real Estate Seller Leads in 2021Request Referrals From Past Clients & Your Network. ... Showcase Your Value on Your Website. ... Be Active on Social Media. ... Invest in Lead Generation Software. ... Target a Farm Area With Direct Mail. ... Offer a Comparative Market Analysis (CMA)More items...•Jul 27, 2021

Who Is Cris Chico?

Cris Chico was the first individual to create and perfect the idea of “virtual” real estate investing. You can do deals literally from your computer, from beginning to end.

What Is Virtual Wholesaling?

Virtual wholesaling is similar to completing traditional wholesale real estate offers; the only difference is the wholesaler’s involvement is totally outside of their physical presence. This is made possible using electronic solutions like the web, smartphones, digital signatures, email, and facsimile (fax).

Is Cris Chico A Scam?

Based on this Cris Chico review, I would say that he’s definitely not a scam.

What Is Our Top Recommendation For Making Money Online In 2021?

Our review team has come across a program in the real estate industry that is next level!

How to turn a motivated seller into a successful deal?

If you want to turn a motivated seller into a successful deal, it is important to talk candidly to the seller. If the seller is going through a difficult time in their life, you must build trust to feel comfortable handing over their property.

Why is it important to work with motivated sellers?

Working with motivated sellers is so attractive because the transaction can move more quickly than a traditional closing timeline. In most cases, there is even more room to negotiate.

Why do people want to sell their property?

There are numerous reasons a property owner could classify as a motivated seller, ranging from a new job opportunity to an unfortunate family emergency. It is important investors review the most common reasons a property owner could want to sell quickly, so they approach each conversation with care. Here are the most common reasons someone could need to sell their property quickly: 1 Divorce & Family Emergencies: There are several emergencies that could cause family members to need to sell quickly. While investors may not know all the details when working with these sellers, it is important to approach these situations carefully and with respect. 2 Job Opportunity: Some property owners may get a new career opportunity and have to move on a short timeline. These property owners are likely to speed up the closing process, potentially allowing investors to secure a great deal fast. 3 Investment Opportunity: It may seem odd, but sometimes other real estate investors will be the most motivated to sell. This typically happens if a renovation project doesn’t go according to plan, but it could simply be a need to reallocate their time to other investments. 4 Inheritances: Those who unexpectedly inherit properties may be unable to care for them and keep up with payments; therefore, they may become particularly motivated to sell. 5 Changes In Tax Laws: Occasionally, changes in local regulations or tax policies could motivate investors to sell some assets. These investors may be motivated to sell quickly, allowing others to secure great deals.

What does motivated seller mean?

Motivated seller means the owner is eager to sell their property; for whatever reason, they are ready to walk away from the property at hand. In some cases, the reason for selling the home may be personal or emotional. As a result, investors should be careful not to pry when approaching the conversation.

What is distressed property?

I’ll explain: a distressed property is one in need of significant repairs or renovations before it can be habitable. In many cases, distressed property owners are willing to sell quickly and for below market value.

What is direct mail in real estate?

Direct mail has secured itself in real estate as a consistent source for lead generation. In a typical direct mail campaign, investors send letters to sellers who are potentially motivated to sell by using a mailing list. This initial campaign can result in a list of potential sellers, which can then identify motivated sellers.

Is real estate a people business?

Remember, real estate is a people business; any hopes of making headway are contingent on the relationships you build. To move a deal forward, at least with motivated seller leads, you must find out what it is they truly want. While price will always play an important role, there are often other factors at play.

Your first time talking to a motivated seller can be nerve-wracking. Here are a few tips on how to approach them, and what to say

You’re just getting started in real estate investing. You’ve started your company, launched your website, did some marketing, then suddenly… there it is! Your first investment lead!

Putting it all together

If you haven’t noticed already, each of these 4 tips rolls into one another. So if you’re a new investor, and that lead comes in and you set up your first meeting, here’s how other established investors would recommend that you handle things: