Jennifer Kellam on Normally the sellers will want all of the services that you provide. I have a house that I want to put under contract but I dont want to use the standard TREC form. Remember, it’s not just about knowing which questions to ask. Thanks once again! Yes No A little In Foreclosure. Another motivation building question. Well…I clicked the button and the site wouldn’t load. Here are 45 important questions to ask and get answered before rushing ahead with wholesaling real estate. Initial questions to ask the seller when buying a business Just as there are some initial and basic questions you should ask yourself, there are also some elementary questions you must ask the seller when buying a business 11. If the situation sounds interesting to me I then set up an appointment to see the house. Just starting out, reading everything you post, send via newsletter/email, comments…just eating it up. Danny Johnson on For now though, one of the best ways is to drive areas that you are going to target and look for houses that are being worked on. Provide the seller with two or more choices and ask which choice the seller prefers. Text YouTube To 602-461-7416 To Receive Access To FREE Scripts, FREE Real Estate Training & Tips! If you are selling your home, chances are you have some questions. On the first phone conversation, I usually start off with a bit of small talk about the house; # of beds/baths, area of town, parking, yard and an idea of the condition, whether they have made improvements, etc. If you don’t have much money you should start with wholesaling. Here’s Ron LeGrand’s ultimate question. Qualifying Questions to Ask Motivated Sellers Avoid yes or no When I do that, sellers probably don’t feel like waiting around for me and continue calling other investors. You can also search the forums and/or ask questions here on the forums. Don’t leave it at that. It’s amazing how effective it is. How did you happen to hear about us? Guides How to buy a business 10 questions to ask the seller when buying a business So, you’ve found the business you’ve dreamed of – which means it’s time to pause, take stock and make sure you ask the seller some all-important questions before you take the final plunge. October 23, 2012 at 10:46 am, Pamela on awesome tips Danny! We also sell some properties with owner financing. Vacant Occupied, Occupants Name? Thanks for the great experience questions to ask potential motivated sellers. __________________________________________________________, When do you want the house sold? Damon Wallace on ___________________, Are your payments current or behind? I don’t want to waste my time going to meet with them if there is no way I would be able to buy the house for what I would need to buy it for. October 8, 2012 at 3:18 pm. Specific Information to Look For Specific details you want to look for when wholesaling houses include the property’s current status and if it is a rental, owner occupied, or vacant. Quickly analyze a property address or ZIP Code to compare your rent in your neighborhood. Listen. On the first phone conversation, I usually start off with a bit of small talk about the house; # of beds/baths, area of town, parking, yard and an idea of the condition, whether they have made improvements, etc. Its hard to not get excited when you get leads starting out. Sometimes the seller will be hesitant and only tell you they are moving. _____________________________, On a scale of 1 to 10, 10 being highly motivated, how would you rank your motivation to sell? ), Danny Johnson on January 6, 2016 at 5:01 pm. Danny Johnson on Here are 15 questions that I feel are essential to ask sellers when they contact you about selling their house. Try writing some articles on ezinearticles.com. Nick Ruiz on I ask these now but it is ALWAYS good to have more than one way to do it. Greatly appreciated! It’s important to ask them in this order because you’re gonna ask questions many folks would label private and confidential. Thank you for this information. So don’t worry about it. Great list Danny. I think I heard it from Claude Diamond. This approach is a lot easier for people to be comfortable with telling you. Buying a used truck from a private seller gives you the opportunity to ask the current owner questions. ________________________________, Do You Know the Year Built? I’ll send a single page contract you can use. How did they come up with that price? Changing the site up was not too terribly frustrating. Let them do the majority of the talking. See if there is a Real Estate Investor Association in your area and make it a point to find out who the serious buyers are and try and talk to them. 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