HFHQ 127: How I Became a Motivated Seller (This is Why You Can Buy Houses at a Discount) - a podcast by Bill Allen
from 2016-03-24T21:27:06
Listen to This Episode (Audio Version for Podcast)
Something I hear from new house flippers and wholesalers all the time is, “Why would anyone agree to sell their house to me at a discount?”
Some people think no seller would ever agree to such a thing. Or they assume you have to cheat or mislead the seller in some way to get the discount, which is totally untrue.
If you’re thinking this, you have it all wrong.
There are absolutely motivated sellers out there who will gladly sell at a discount… and I know this firsthand, because I’ve been a motivated seller myself. 
I recently found myself in a situation where I didn’t have the knowledge or resources to get myself out… and I just wanted the problem gone. When an investor showed up to help, I was overjoyed… even though I lost thousands of dollars and knew he was going to make a nice profit off me.
None of that mattered. I was thankful for his help.
So how did it happen? First of all, I wasn’t selling a house… it was something else…
Episode 127: Show Notes
A few takeaways from today’s episode.
- What ended up happening to the VW bus we bought a few years back…
- What we would have had to do to fix up and “flip” this VW bus ourselves…
- Why I was happy to lose several thousand dollars on this transaction…
- How opportunity cost played a major role in our decision to sell…
- Why many sellers don’t mind and are even happy if you make money flipping their house…
- What Tara is going to be speaking about at Flip Hacking LIVE…
Links and Resources
- Tickets to Flip Hacking LIVE are available now at an extremely low early bird rate. Get in before seats fill up! Head over to FlipHackingLIVE.com to reserve your spot!
- Also, check out the book Spin Selling by Neil Rackham. The concepts in this book have already helped Kale close more deals from private sellers!
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