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This Is NOT Financial Freedom
The Evolution Of Wholesaling Real Estate
REVERSE
WHOLESALING
Kent Clothier
✓Focuses your efforts on REVENUE GENERATING ACTIVITIES
✓Relationship driven (long term) versus Transaction Driven (short)
✓Allows you to strategic and selective with your time & money
✓No MAJOR financial commitments or risk involved
✓Can be done from anywhere
✓No experience necessary
✓Market tells you everything that you need to know
Why Is Reverse Wholesaling The
Best Strategy For Your Business
✓How to make money in THIS market and ANY market
✓How to get started right now - even part time
✓How to be more strategic and effective
✓How to quickly flip a deal to make a wholesale profit
✓How to begin building a business and NOT A JOB
✓How to get going NOW!!!
What You Are Going To Learn
So, How Do We Do It?
✓Client based versus transaction
✓Focus 80% of our efforts on building
A buyers list
✓Target & Automate Marketing to
Buyers and Sellers
✓Shopping versus Selling
✓Tie All Compensation to doing
Deals and performing for clients
Discounted
Property
Under
Contract
Actively
Market
To Clients
Sell
To Client
Close
on Sale
Step 1 Step 2 Step 3 Step 4
Old School Wholesaling
Interview
Clients
Identify
Items That
Clients Desire
Locate
Items That
Clients Desire
Connect
A to C
Step 1 Step 2 Step 3 Step 5
Close
on Sale
Step 4
NEW “Reverse” Wholesaling
5 Key Steps
To Cashing In With Cash Buyers
✓ Find Active Cash Buyers
✓ Target & Automate Your Marketing
✓ Build Relationship With Buyers
✓ Find Properties For Buyers
✓ Close Deals…Cash Checks
Get INSTANT Cash Buyer Data!
Find Active Cash Buyers
✓ Property Address
✓ CASH BUYER Name
✓ Buyer Mailing Address
✓ Sales Date
✓ Sales Price
✓ Property Type
✓ Buyer Phone Number
The Secret Challenge Letter
Mr. Smith –
My name is Kent Clothier and I am the owner of
1-800-SELL-NOW in the Memphis, TN area. We are the premier real estate
investment company in the Memphis market.
I understand that you recently purchased a property at 1234 Main Street, Cordova,
Tennessee. I have access to additional investment properties in the area.
If you would like to see a copy of my current inventory or would like for me to
consider adding you to my current buyers list, please call me.
Kent Clothier
Owner, 1-800-SELL-NOW
901-555-1212
• Most Effective Marketing Piece For
Having ACTIVE CASH BUYERS
Contact YOU!
✓ Position Yourself As…
✓ The Market Leader
✓ The “GO-TO” Company
✓ Multiple Versions
Target & Automate
Your Marketing
Easily and Quickly
Upload Your Logo
Target & Automate
Your Marketing
The Secret Challenge Letter
Easily and
Quickly
Upload Your
Contact
Information
Target & Automate
Your Marketing
The Secret Challenge Letter
Easily and
Quickly
Upload Your
Signature
Target & Automate
Your Marketing
The Secret Challenge Letter
Target & Automate
Your Marketing
The Secret Challenge Letter
INSTANTLY
Create
“Challenge”
Letters
For
Hundreds
Of Cash
Buyers
Target & Automate
Your Marketing
The Secret Challenge Letter
INSTANTLY
Have All
Letters Mailed
FOR YOU
✓Know what questions to ask
✓Create credibility, trust, and desire
from your buyers
✓Use objections scripts
✓Question Based Selling Technique
✓Determine Your “HOT ZONE”
Build Relationship With
CASH BUYERS
✓ FOCUS EFFORTS ON “HOT ZONES”
For Cash Buyers Desired Properties
✓ Properties From Multiple Sources
✓ Direct Seller Marketing - Direct Mail, Bandit Signs
✓ MLS - Realtor Referrals
✓ Bank REOs
✓ Probates
✓ HUD Homestore
✓ Wholesalers
Find Properties For Buyers
Find Properties For Buyers
REO’s
Banks
MLS
HUD
✓1-800-SELL-NOW
✓ Other Lead Sources
✓ Referrals
✓ Realtors
✓ Mid-South REI
✓ MLS
✓ Other Investors
✓ Banks/REOS
✓ HUD
✓Determine your areas
“HOT ZONE” Using The Cash
Buyer System Sorted By ZIP
✓Quickly Identify ZIP CODE
Where All Buyers Are Buying
✓FOCUS THERE LOCATING
PROPERTIES
Find Properties For Buyers
FIND HOT ZONE
✓We Make Over 550 Offers A
Month
✓Currently Averaging 50+ Flips
A Month
✓ 1 deal = 20 offers MINIMUM
WE FAIL 90% OF THE TIME
How Do The Contracts Work?
Write Purchase Contract
$100,000
Subj To: 14 day Right to Inspect
$500 Escrow Deposit
Write Sales
Contract
$110,000
Subj To: 7 day Right to
Inspect
$2,500 Escrow Deposit
OR Assignment
Contract
For $10,000
How Do The Contracts Work?
Purchase Contract
Sales Contract /
Assignment Contract
Purchase Contract
Escrow $500
Sales Contract
From Buyer
Escrow $2,500
Title Agent OR
Closing Attorney
How Does The Deal Work?
ALL THE SAME THING:
Double Closing
Back To Back Closing
Double Escrow
Simultaneous Closing
* IF Your Cash Buyer Defaults
and DOES NOT Close....forcing
you to not close with your seller,
you lose your $500 BUT your
buyer loses their $2,500 to you -
you make $2,000
Deal Structure
Sales Price $110,000
Purchase Price $100,000
Potential Profit $10,000
Your Escrow Deposit $500
Buyers Escrow Deposit $2,500
Profit If Default $2,000

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Kent Clothier How To Flip Houses Using Reverse wholesaling

  • 1. This Is NOT Financial Freedom
  • 2. The Evolution Of Wholesaling Real Estate REVERSE WHOLESALING Kent Clothier
  • 3. ✓Focuses your efforts on REVENUE GENERATING ACTIVITIES ✓Relationship driven (long term) versus Transaction Driven (short) ✓Allows you to strategic and selective with your time & money ✓No MAJOR financial commitments or risk involved ✓Can be done from anywhere ✓No experience necessary ✓Market tells you everything that you need to know Why Is Reverse Wholesaling The Best Strategy For Your Business
  • 4. ✓How to make money in THIS market and ANY market ✓How to get started right now - even part time ✓How to be more strategic and effective ✓How to quickly flip a deal to make a wholesale profit ✓How to begin building a business and NOT A JOB ✓How to get going NOW!!! What You Are Going To Learn
  • 5. So, How Do We Do It? ✓Client based versus transaction ✓Focus 80% of our efforts on building A buyers list ✓Target & Automate Marketing to Buyers and Sellers ✓Shopping versus Selling ✓Tie All Compensation to doing Deals and performing for clients
  • 6. Discounted Property Under Contract Actively Market To Clients Sell To Client Close on Sale Step 1 Step 2 Step 3 Step 4 Old School Wholesaling
  • 7. Interview Clients Identify Items That Clients Desire Locate Items That Clients Desire Connect A to C Step 1 Step 2 Step 3 Step 5 Close on Sale Step 4 NEW “Reverse” Wholesaling
  • 8. 5 Key Steps To Cashing In With Cash Buyers ✓ Find Active Cash Buyers ✓ Target & Automate Your Marketing ✓ Build Relationship With Buyers ✓ Find Properties For Buyers ✓ Close Deals…Cash Checks
  • 9.
  • 10. Get INSTANT Cash Buyer Data! Find Active Cash Buyers ✓ Property Address ✓ CASH BUYER Name ✓ Buyer Mailing Address ✓ Sales Date ✓ Sales Price ✓ Property Type ✓ Buyer Phone Number
  • 11. The Secret Challenge Letter Mr. Smith – My name is Kent Clothier and I am the owner of 1-800-SELL-NOW in the Memphis, TN area. We are the premier real estate investment company in the Memphis market. I understand that you recently purchased a property at 1234 Main Street, Cordova, Tennessee. I have access to additional investment properties in the area. If you would like to see a copy of my current inventory or would like for me to consider adding you to my current buyers list, please call me. Kent Clothier Owner, 1-800-SELL-NOW 901-555-1212 • Most Effective Marketing Piece For Having ACTIVE CASH BUYERS Contact YOU! ✓ Position Yourself As… ✓ The Market Leader ✓ The “GO-TO” Company ✓ Multiple Versions Target & Automate Your Marketing
  • 12. Easily and Quickly Upload Your Logo Target & Automate Your Marketing The Secret Challenge Letter
  • 13. Easily and Quickly Upload Your Contact Information Target & Automate Your Marketing The Secret Challenge Letter
  • 14. Easily and Quickly Upload Your Signature Target & Automate Your Marketing The Secret Challenge Letter
  • 15. Target & Automate Your Marketing The Secret Challenge Letter INSTANTLY Create “Challenge” Letters For Hundreds Of Cash Buyers
  • 16. Target & Automate Your Marketing The Secret Challenge Letter INSTANTLY Have All Letters Mailed FOR YOU
  • 17. ✓Know what questions to ask ✓Create credibility, trust, and desire from your buyers ✓Use objections scripts ✓Question Based Selling Technique ✓Determine Your “HOT ZONE” Build Relationship With CASH BUYERS
  • 18. ✓ FOCUS EFFORTS ON “HOT ZONES” For Cash Buyers Desired Properties ✓ Properties From Multiple Sources ✓ Direct Seller Marketing - Direct Mail, Bandit Signs ✓ MLS - Realtor Referrals ✓ Bank REOs ✓ Probates ✓ HUD Homestore ✓ Wholesalers Find Properties For Buyers
  • 19. Find Properties For Buyers REO’s Banks MLS HUD ✓1-800-SELL-NOW ✓ Other Lead Sources ✓ Referrals ✓ Realtors ✓ Mid-South REI ✓ MLS ✓ Other Investors ✓ Banks/REOS ✓ HUD
  • 20. ✓Determine your areas “HOT ZONE” Using The Cash Buyer System Sorted By ZIP ✓Quickly Identify ZIP CODE Where All Buyers Are Buying ✓FOCUS THERE LOCATING PROPERTIES Find Properties For Buyers FIND HOT ZONE
  • 21. ✓We Make Over 550 Offers A Month ✓Currently Averaging 50+ Flips A Month ✓ 1 deal = 20 offers MINIMUM WE FAIL 90% OF THE TIME
  • 22. How Do The Contracts Work? Write Purchase Contract $100,000 Subj To: 14 day Right to Inspect $500 Escrow Deposit Write Sales Contract $110,000 Subj To: 7 day Right to Inspect $2,500 Escrow Deposit OR Assignment Contract For $10,000
  • 23. How Do The Contracts Work? Purchase Contract Sales Contract / Assignment Contract Purchase Contract Escrow $500 Sales Contract From Buyer Escrow $2,500 Title Agent OR Closing Attorney
  • 24. How Does The Deal Work? ALL THE SAME THING: Double Closing Back To Back Closing Double Escrow Simultaneous Closing * IF Your Cash Buyer Defaults and DOES NOT Close....forcing you to not close with your seller, you lose your $500 BUT your buyer loses their $2,500 to you - you make $2,000 Deal Structure Sales Price $110,000 Purchase Price $100,000 Potential Profit $10,000 Your Escrow Deposit $500 Buyers Escrow Deposit $2,500 Profit If Default $2,000