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

  • Jun 19 2024
  • Length: 36 mins
  • Podcast

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

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

  • Summary

  • #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

    Join The Waitlist For The Wholesale High Skool Community🎓

    Subscribe to The Whole(sale) Truth Podcast and follow me on instagram @i.m.watson

    Propstream- 7 Day Free Trial

    Subscribe to our Newsletter and Get the Agreement of Sale and Assignment Contract that Watson uses for FREE!

    www.thewholesaletruth.com

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