January 30, 2023
Best wholesale script for cold calling

Best wholesale script for cold calling

cold Calling Script for wholesalers
cold Calling Script for wholesalers

Wholesaling real estate is a strategy that involves finding properties that are being sold below market value, and then selling them to another investor at a higher price. It is a way for real estate investors to make quick profits without having to actually buy the property and go through the process of rehabbing and reselling it. In order to be successful at wholesaling, it is important to have a strong marketing strategy in place, including the use of wholesale cold calling scripts to reach out to potential sellers. In this article, we will explore various types of real estate wholesaling scripts, including text message scripts, cold calling scripts, email scripts, voicemail scripts, and virtual scripts. We will also discuss the benefits of using a script, as well as tips for cold calling motivated sellers and following up with them after the initial contact.

What is wholesale cold calling?

Real estate wholesale cold calling is a sales technique in which a real estate agent or investor contacts potential buyers or sellers of real estate properties by telephone, without having any prior contact or relationship with them, in an effort to sell or acquire a property. Cold calling is often used as a way to generate leads and find new clients in the real estate industry.

Real estate wholesale cold calling typically involves identifying a target market, such as homeowners in a particular neighborhood or investors looking for properties in a specific area. The agent or investor will then make calls to these potential clients, introducing themselves and their services and attempting to persuade them to work with them on a real estate transaction.

Wholesale cold calling in the real estate industry can be a challenging and time-consuming task, as many people do not appreciate being contacted by unfamiliar salespeople. It is important for real estate agents and investors to be respectful and professional when making cold calls, and to be prepared to handle objections and rejection. They should also be knowledgeable about the real estate market and able to effectively communicate the benefits of working with them to potential clients.

Best wholesale script for cold calling
Best wholesale script for cold calling

What do you say when wholesaling?

When wholesaling, you will want to communicate with the seller about their property and your intention to purchase it for the purpose of reselling it to another buyer. Here is an example of what you might say when wholesaling:

“Hello, my name is [Your Name] and I’m a real estate investor. I came across your property at [Address] and I’m interested in possibly purchasing it for the purpose of reselling it to another buyer. I understand that you are not actively trying to sell your property, but I wanted to see if you would be open to discussing the possibility of a wholesale deal.

In a wholesale deal, I would purchase the property from you at a discounted price and then resell it to another buyer at a higher price. This can be a win-win situation for both of us, as it allows you to sell your property quickly without having to go through the traditional listing process, and it allows me to make a profit on the difference between the purchase price and the resale price.

Would you be open to discussing this further and seeing if a wholesale deal could be a good fit for both of us? I’m happy to answer any questions you may have.”

Keep in mind that this is just one example, and you may need to adjust your script depending on the specific situation and the seller’s needs and concerns. It’s important to be transparent and upfront about your intentions, and to listen carefully to the seller’s responses so that you can address any concerns they may have.

Wholesaling Real Estate Text Message Scripts

Text messaging has become a popular way for real estate investors to reach out to potential sellers, as it allows for quick and easy communication. When crafting a text message script for wholesaling, it is important to keep it short and to the point. You should introduce yourself, explain that you are a real estate investor, and express your interest in the property. Here is an example of a unique wholesaling text message script:

Hi, my name is [Your Name] and I’m a real estate investor. I saw your property for sale and I’m interested in potentially making an offer. I understand that you may not be interested in selling, but I just wanted to see if you might be open to discussing the possibility. Could we schedule a call to discuss further?

Wholesale Cold Calling Script PDF

Wholesale cold calling can be a daunting task, especially for those who are not used to it. That is why it is helpful to have a script in place to guide you through the process. When creating a cold calling script for wholesaling, it is important to include an introduction, a statement of purpose, and a call to action. You should also be prepared to answer common objections and questions. Here is an example of a unique wholesale cold calling script in PDF format:

Introduction:

Hi, my name is [Your Name] and I’m a real estate investor.

Statement of Purpose:

I saw that you have a property for sale and I understand that you may have already received offers or may be working with an agent. However, I just wanted to see if you might be open to discussing the possibility of me potentially making an offer on the property.

Call to Action:

Could we schedule a call to discuss further?

Objections and Questions:

  • “I’m not interested in selling.”

Response: “I understand, but I just wanted to see if you might be open to discussing the property”

Real Estate Wholesaling Cold Calling Script pdf, is a great way to read and keep track of your script flows, you can make buttons that lead you to the next step depending on the answer your given.

Wholesale Script for Cold Calling

When crafting a wholesale script for wholesale cold calling, it is important to keep it short and to the point. You should introduce yourself, explain that you are a real estate investor, and express your interest in the property. You should also be prepared to answer common objections and questions. Here is an example of a unique wholesale script for cold calling:

Introduction:

Hi, my name is [Your Name] and I’m a real estate investor.

Statement of Purpose:

I saw that you have a property for sale and I’m interested in potentially making an offer.

Call to Action:

Could we schedule a call to discuss further?

Objections and Questions:

  • “I’m not interested in selling.”

Response: “I understand, but I just wanted to see if you might be open to discussing the possibility. There is no obligation to move forward.”

  • “I already have an agent.”

Response: “I understand, but I just wanted to see if you might be open to discussing the possibility of me working with your agent to potentially purchase the property. There is no obligation to move forward.”

wholesaling scripts pdf

Wholesale Email Script

Sending emails is another effective way to reach out to potential sellers for wholesaling purposes. When crafting a wholesale email script, it is important to include a subject line that will grab the reader’s attention, a strong introduction, and a clear call to action. You should also be prepared to answer common objections and questions. Here is an example of a unique wholesale email script:

Subject Line: Potential Offer on Your Property

Introduction:

Hi [Seller’s Name],

My name is [Your Name] and I’m a real estate investor. I saw that you have a property for sale and I’m interested in potentially making an offer.

Call to Action:

Could we schedule a call to discuss further?

Objections and Questions:

  • “I’m not interested in selling.”

Response: “I understand, but I just wanted to see if you might be open to discussing the possibility. There is no obligation to move forward.”

  • “I already have an agent.”

Response: “I understand, but I just wanted to see if you might be open to discussing the possibility of me working with your agent to potentially purchase the property. There is no obligation to move forward.”

Wholesale Voicemail Script

Leaving voicemails can be an effective way to reach out to potential sellers, as it allows you to convey your message even if they are not available to take your call. When crafting a wholesale voicemail script, it is important to include a strong introduction, a statement of purpose, and a call to action. You should also be prepared to answer common objections and questions. Here is an example of a unique wholesale voicemail script:

Introduction:

Hi [Seller’s Name], my name is [Your Name] and I’m a real estate investor.

Statement of Purpose:

I saw that you have a property for sale and I’m interested in potentially making an offer on the property.

Call to Action:

Could you please give me a call back at [Your Phone Number] to discuss further?

Objections and Questions:

  • “I’m not interested in selling.”

Response: “I understand, but I just wanted to see if you might be open to discussing the possibility. There is no obligation to move forward.”

  • “I already have

continue

Virtual Wholesaling Scripts

In the age of technology, it is possible to wholesale real estate virtually, through the use of online platforms such as Zoom and Skype. When crafting a virtual wholesaling script, it is important to include a strong introduction, a statement of purpose, and a call to action. You should also be prepared to answer common objections and questions. Here is an example of a unique virtual wholesaling script:

Introduction:

Hi [Seller’s Name], my name is [Your Name] and I’m a real estate investor.

Statement of Purpose:

I saw that you have a property for sale and I’m interested in potentially making an offer on the property.

Call to Action:

Could we schedule a virtual meeting to discuss further?

Objections and Questions:

  • “I’m not interested in selling.”

Response: “I understand, but I just wanted to see if you might be open to discussing the possibility. There is no obligation to move forward.”

  • “I already have an agent.”

Response: “I understand, but I just wanted to see if you might be open to discussing the possibility of me working with your agent to potentially purchase the property. There is no obligation to move forward.”

Wholesale Cold Call Script
Wholesale Cold Call Script

What Is a Wholesaling Cold Calling Script?

A wholesaling cold calling script is a pre-written script that real estate investors can use when reaching out to potential sellers by phone. The purpose of the script is to introduce the investor, explain their interest in the property, and ask for a call back to discuss further. Cold calling scripts can be used for both inbound and outbound calls, and are often used in conjunction with other marketing tactics such as email and text messaging.

How To Cold Call Wholesale Real Estate?

Cold calling can be an effective way to find wholesale real estate deals, but it can also be a challenging and time-consuming task. Here are a few tips for cold calling wholesale real estate:

  1. Create a wholesale cold calling script pdf: Having a script can help you stay on track and ensure that you cover all the important points during the call.
  2. Identify your target market: Decide who you want to call and what types of properties you are looking for. This will help you tailor your script and make the most of your time.
  3. Make a list of potential leads: Create a list of potential leads by researching public records, networking with other investors, and using online resources like real estate websites and social media.
  4. Use a professional phone manner: When cold calling, it’s important to be polite and respectful. Introduce yourself and explain the purpose of your call clearly and concisely.
  5. Follow up: If you don’t get a response on your first call, don’t be afraid to follow up. Sometimes it takes multiple attempts to get in touch with a potential seller.

I hope these tips help! If you have any more questions, feel free to ask.

Do Real Estate Cold Calling Scripts Work for wholesale cold calling?

Wholesale cold calling scripts can be an effective tool for wholesaling real estate, but they are not a guarantee of success. The success of a cold calling script will depend on various factors, including the quality of the script, the credibility of the investor, and the receptiveness of the seller. It is important to remember that cold calling is just one aspect of a successful wholesaling strategy, and should be used in conjunction with other tactics such as networking and direct mail marketing.

Why Use a Wholesaling Cold Calling Script?

There are several reasons why real estate investors may choose to use a cold calling script for wholesaling:

  • To increase efficiency: A script can help investors stay on track and avoid getting sidetracked or tongue-tied during a call. This can help them make more calls in a shorter amount of time, increasing their chances of finding a motivated seller.
  • To stay organized: A script can help investors keep track of the information they need to convey during a call, such as their name, the property they are interested in, and their contact information.
  • To overcome fear: Cold calling can be intimidating, especially for those who are not used to it. A script can help investors feel more prepared and confident when making calls.

Who to Use a Wholesaling Cold Calling Script With?

Cold calling scripts can be used to reach out to a variety of potential sellers, including homeowners, landlords, and other real estate investors. It is important to remember that not all sellers will be receptive to a cold call, and it may take several attempts to find a motivated seller.

The Ultimate Wholesaling Cold Calling Script

There is no one-size-fits-all script that will work for every deal. But here is a sample of the best wholesale real estate cold calling scripts

“Hi, is this [prospect’s name]? My name is [your name] and I’m a real estate investor. I’m calling because I recently came across a property in [neighborhood/area] that I think could be a great opportunity for you. Are you open to learning more about it?”
Qualifying the prospect:
“Great! Can you tell me a little bit about your real estate investing experience? Do you currently own any rental properties or have you completed any fix and flips in the past?”
[If the prospect has experience] “That’s great to hear. I’m sure you’re familiar with the concept of wholesaling, where we find deeply discounted properties and pass them along to other investors who are looking for deals. Is that something that you’d be interested in learning more about?”
[If the prospect is new to real estate investing] “No problem, that’s perfectly okay. Wholesaling is a great way for new investors to get started in real estate. It involves finding deeply discounted properties and passing them along to other investors who are looking for deals. Would you be open to learning more about how it works?”
Presenting the deal:
“Awesome! So, the property I’m calling about is a [number] bedroom, [number] bathroom [type of property] located in [neighborhood/area]. It’s currently listed at [list price], but I think I can get it under contract for around [your offer price].
[Optional: provide more details about the property, such as its condition, any repairs that need to be made, etc.]
“I’m looking to assign this contract to another investor for [your assignment fee]. If you’re interested, I can send over the contract and some more information about the property for you to review. Would that be something you’d be interested in?”
Closing the deal:
“Great! I’ll go ahead and send over the contract and some more information about the property. Can you let me know if you have any questions or if you’re ready to move forward with the deal? I’m looking to close on this property within the next [time frame], so if you’re interested, I recommend moving quickly.”
[If the prospect is not interested] “No problem, I appreciate your time. If you change your mind or know someone who might be interested in this type of opportunity, please don’t hesitate to give me a call. I’ll make sure to keep you in mind for future deals as well. Have a great day!”

Tips for Cold Calling Motivated Sellers

In order to be successful at cold calling for wholesaling purposes, it is important to follow these tips:

  • Research the property and the seller: The more you know about the property and the seller, the better prepared you will be to have a productive conversation.
  • Keep it short and to the point: The goal of the call is to schedule a follow-up conversation, not to close the deal on the spot.
  • Be respectful and professional: Remember that the seller is a person, not just a lead. Treat them with respect and professionalism, and be mindful of their time and needs.
  • Be prepared to handle objections: Not all sellers will be interested in selling, and it is important to be prepared to handle objections and move on to the next lead.
  • Follow up: Even if a seller is not interested in selling at the time of the initial call, it is important to follow up with them in the future to keep the conversation going.

Follow Up With Motivated Sellers After Cold Calling

After making initial contact with a motivated seller, it is important to follow up with them to keep the conversation going. This can be done through phone calls, emails, or text messages. When following up, it is important to stay organized and focused, and to be respectful of the seller’s time and needs. Here are some tips for following up with motivated sellers after cold calling:

  • Schedule a call or meeting: After making initial contact, it is important to schedule a call or meeting to discuss the property further. This will give you the opportunity to ask questions and gather more information about the seller’s motivations and needs.
  • Keep the conversation going: Even if the seller is not ready to move forward immediately, it is important to keep the conversation going. This can be done through regular check-ins and updates about the market and your services.
  • Be patient: The process of wholesaling real estate can take time, and it is important to be patient and persistent. It may take several follow-up attempts before a motivated seller is ready to move forward.

How to cold call wholesale real estate?

Figure out your goals and what you want to accomplish before you call. Write down what your response is to whatever the answer will be. Map out your responses to make it easier to guide your call.

What do you say when wholesaling?

Exactly what you want to accomplish.

How do you cold call a script?

First practice with a friend and record the call, listen to it and adjust it. Then get a list of property owners and start to call them one by one.

Conclusion

Wholesaling real estate can be a lucrative business for investors, but it requires a strong marketing strategy to find motivated sellers. One effective tactic is the use of scripts, including text message scripts, cold calling scripts, email scripts, voicemail scripts, and virtual scripts. These scripts can help investors stay organized and focused, and can increase their efficiency when reaching out to potential sellers. However, it is important to remember that scripts are just one aspect of a successful wholesaling strategy, and should be used in conjunction with other tactics such as networking and direct mail marketing.

References

wholesaling real estate script reddit

“Text Message Scripts for Real Estate Investors” by Ben Leybovich (https://www.biggerpockets.com/blog/text-message-scripts-for-real-estate-investors)

“Real Estate Cold Calling Scripts: What Works and What Doesn’t” by J. Massey (https://www.jmassey.com/real-estate-cold-calling-scripts-what-works-and-what-doesnt/)

“The Ultimate Cold Calling Script for Real Estate Investors” by J. Scott (https://www.flippingjunkie.com/ultimate-cold-calling-script-real-estate-investors/)

“The Ultimate Guide to Cold Calling for Real Estate Investors” by K. Massey (https://www.investfourmore.com/ultimate

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