Unlock the secrets to successful real estate transactions with David Olds! Discover the pitfalls investors often face and how effective transaction coordination can lead to millions in wholesale assignment fees.
In this fantastic episode, Brandon Bateman interviews David Olds, the expert behind a virtual transaction coordination company that has closed over $14.7 million in wholesale assignment fees! David shares his insights on transaction coordination dispositions and discusses where investors often go wrong in their approach. Get ready to learn how to tackle the challenging and essential work that leads to success.
In this segment, David Olds delves into the critical role of effective marketing in wholesaling, emphasizing the need to understand your audience and provide comprehensive information about properties. He stresses the importance of storytelling when positioning a property, exploring different angles to attract various buyers, whether they are rehabbers or investors looking for rental opportunities. Trevor highlights the necessity of delivering a compelling narrative that answers potential buyers’ questions and addresses their concerns, from property details to neighborhood amenities.
He shares insights on the significance of a robust marketing strategy, describing how to leverage multiple channels—such as email, social media, direct mail, and cold calling—to maximize exposure for each deal. Trevor notes that, in a competitive market, it’s crucial to create a “shock and awe” effect to capture attention and generate interest. He advocates for consistency in executing marketing plans, avoiding burnout by spreading efforts over the closing period, and staying organized to ensure all bases are covered. By the end of the discussion, Trevor reinforces the importance of relationships with reliable buyers and encourages wholesalers to maintain a systematic approach to their marketing efforts to achieve long-term success.