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Samuel Akisanmi
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Real Estate Wholesaling Cold calling

Samuel Akisanmi
Posted

Hey guys, im a newbie, just started wholesaling 3 months ago, my capital is low cause im only 18 but I've been spending about $120 getting 250 calls every week, but so far I've had no success. I've had a couple of numbers respond, (about 5) but they always end with the seller going dark on me not replying to anything to send them. Most of them say "I need to talk to my wife" and then they ghost me.

My usual cold calling script, I say "Hi my name is sam and I'm just wondering if I could buy one of your properties" 

Could you guys please help me out and point me in the right direction?

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125
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Matthew Perry
  • Developer
  • Boston, MA
137
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Matthew Perry
  • Developer
  • Boston, MA
Replied

Build a little more rapport with them, and do not come right out and say I want to buy your house. That is the quickest way to get someone to disconnect right away, find out first and foremost if they are still living at the property you are calling in reference do, find out if they have three minutes to talk, and then find out as much information about the house as possible, leading to would they be interested in selling if you could come to terms on price, and close by setting an appointment to go out and look at the house. It maybe your script is a little longer than you are implying there but it sounds like you are not building rapport first and just trying to spit out that you want to buy their house. You are on the right track though in just wanting to make the phone calls. Think of the process as a funnel in that the more QUALITY conversations you have, the more appointments you will make, the more appointments you make will lead to closing deals. It is a process you will be tweaking, crafting, and continuously working on from now til the time you have had enough and are ready to not do this anymore. Do not get discouraged though and keep a positive mentality, you are already doing everything right. 

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