I watched this vid and tried your strat. So much better convos. I may have saved someone being screwed big time . Just wanted you to know you helped nit only myself but a family in need today. Great work.
This is my first couple of weeks looking into this process, this live call was the perfect introduction as to how the conversation should go. I’ve got a lot of studying to do!
Impressive hustle with the cold calls, Michael! For those watching, remember that timing is key in pre-foreclosure situations. Touch base early in the morning or later in the evening when people are more likely to be home and willing to chat.
Jitters are officially GONE! :) Making my FIRST pre-foreclosure call today!! This was so GREAT!! We are CONSULTANTS! :) P.S. Are there nationwide websites like Milsap & Singer? That's a cool bonus piece of knowledge for the Seller! :) Good stuff! Working Memphis and Denver markets!
This is great and so very helpful. I haven't made my first call because of my lack of confidence. I feel much better about making these calls now! Thank you!!!
UA-cam algorithms are crazy- Tell me why I just came from door knocking at a house that’s about to go to auction in about 2 1/2 weeks. There was a sign that said “DO NOT KNOCK: On Conference Call” but luckily I wrote a letter placed in an envelope and left it under a chair on the front porch. Time is so imperative that I totally skipped calling and wanted to get directly in front of the owner ASAP. Best of luck brother!
You will not assume the loan, you’ll take property subject to and make payments on behalf of the seller. Assuming loan is different. However, the tone you talk with seller is very good and kind of soft spoken helps in the situation with some empathy needed. Thank you for the info.
Keep making more of this type of videos or have some of your guys make some videos as well. Thanks for the value!🙏🏽 Got some golden nuggets I can I add to my arsenal.
Thanks Michael. is it possible for you to teach us on : what system do you use? and how and where to hire a VA? and what do you use to filter the Do Not Call numbers?
My son is part of CG and learned of your training through CG. Your training was phenomenal! I work with my son in real estate and it has been a great source of income. But....helping people with pre-foreclosures has shifted my mindset to now having a passion for working in real estate. I, too, am a believer and love how you share that. You have ignited a fire in me to help people and I am so excited. One question I have is for Millsap & Singer, how do I find the address using the MS File #? Thank you for all you do for people. I just love it!
1 page purchase agreement, keeps it simple. It's definitely not the subto agreement . ❤❤. Would you be willing to share that., because I feel a simple agreement in these delicate situations would be very helpful. Peace and Blessimgs I just started watching you. I've helped in two preforeclosure here in AZ. We stopped one and the seller wanted to go the shortsale route. I was the buyer and it was approved at 150k in 2020. The gurus turned it down, and Zachary Kepes gave me the money to buy it. It was an awesome experience to help. I have a passion for this one because I lost our home in IL to preforeclosure in 2017, and walked away with nothing. I just discovered you, and am looking forward to learning more, from you. Peace and blessings... thank you
Enjoyed watching this cold calling process. We can really see the reality of talking to these different sellers, hope everyone who want's to do cold calling may get all the important details and learned a lot in this video. Thank you Michael 😇
Also, interesting to hear your acquisitions process from the first connection who canceled and signed with you. Do you have boots on the ground acquisitions agents nationwide??
@@michaeldfranke 31:59 Hi Michael, are you national now? I like your video, and wants to get on the wholesale business . Thank you for your assistance .
As someone starting off and the seller asks what company or group are you with what would you say then? Does it make you look like a shark looking for a deal if you tell them you’re a lowball cash buyer? Or how exactly would that play out?
Wait a minute. What do you mean once its sold at the court steps the house is gone. Doesn’t the seller have redemption rights after its sold at auction?
Michael, thank you so much for sharing this! This is priceless to actually see this done live! I've been looking for more education, so I can feel more confident. I have finally found it! Monkey see - monkey do! ))) One question, please mention a few key connections I need to nurture before I actually try to help homeowners. Will this be a foreclosure attorney, a title company, an investor friendly RE agent..? Maybe you could make a video on how to develop my network before diving in with the homeowners? Thanks a ton!
What would you say to that Realtor if they would have answered? What options would you have given them to collaborate with you? Also, any chance you would share your bankruptcy contact and Rick’s number, 😬 pretty please 🙏🏼😉 As always, thank you for the content!
you would think the phone companies would atleast scrub the obvious dead numbers off thier platforms. but they still allow these dead / bad disconnected numbers after 5-10 years to be circulated and recycled. in this day and age
You have a good pitch but i would not be promising these people cash before even knowing the numbers or the price point the seller wants. We take homes subto with ZERO cash to seller. This way you dont get their hopes up and then have them cancel the sale because you are not performing
Michael, I use TPS as well. It's hit or miss... my question is when you text a new lead for the first time do you text the same intro you use over the phone...?
Wait a minute. What do you mean once its sold at the court steps the house is gone. Doesn’t the seller have redemption rights after its sold at auction?
What everyone should pay the most attention to is the tone he talks in. That’s the key
Tonality is definitely important. Appreciate you watching 💪
What software is he using that tells him the auction is in 13 days?
@@alexabad7595 public records
Thank you for sharing this video! It really helps especially being so new to this! Appreciate it
@@alexabad7595 I'd love to know this as well.
Out of all the wholesale youtubers this is probably the best video I've seen wow
best video call on preforeclosures there is!
I'm so glad it was helpful! Thanks for watching!
I 2nd this
Great learning experience! Thanks you so much for sharing this!!!!
My pleasure!
I watched this vid and tried your strat. So much better convos. I may have saved someone being screwed big time . Just wanted you to know you helped nit only myself but a family in need today. Great work.
I'm so glad it's leading you to have better conversations! That's great!
Your style and communication skills are what I’ve been looking for, very much my type of approach.
This is my first couple of weeks looking into this process, this live call was the perfect introduction as to how the conversation should go. I’ve got a lot of studying to do!
Studying is great, but take action as well. You learn the most that way.
Impressive hustle with the cold calls, Michael! For those watching, remember that timing is key in pre-foreclosure situations. Touch base early in the morning or later in the evening when people are more likely to be home and willing to chat.
Timing is important...but don't let perfect timing stop you from taking action
Phenomenal breakdown and love how your priority is helping the people out of their situation!
Thanks for watching. I’m glad it was helpful.
Love how you keep your tone together and in a calm way
Have to keep a level head so you can hear what the seller is really needing
Wow that was gold! Thank you so much for teaching us all how to talk to sellers and do ethical business.
Happy to help :)
Dude your 1st contact was a tough one. I'm impressed.
Just have to get the reps in
Yeah
Jitters are officially GONE! :) Making my FIRST pre-foreclosure call today!! This was so GREAT!! We are CONSULTANTS! :) P.S. Are there nationwide websites like Milsap & Singer? That's a cool bonus piece of knowledge for the Seller! :) Good stuff! Working Memphis and Denver markets!
Amazing! I appreciate you sharing this with us 🙏🏻
Glad you enjoyed it!
This is great and so very helpful. I haven't made my first call because of my lack of confidence. I feel much better about making these calls now! Thank you!!!
Awww your heart is for the people. And that’s why God will bless you more..
UA-cam algorithms are crazy- Tell me why I just came from door knocking at a house that’s about to go to auction in about 2 1/2 weeks. There was a sign that said “DO NOT KNOCK: On Conference Call” but luckily I wrote a letter placed in an envelope and left it under a chair on the front porch. Time is so imperative that I totally skipped calling and wanted to get directly in front of the owner ASAP. Best of luck brother!
You will not assume the loan, you’ll take property subject to and make payments on behalf of the seller. Assuming loan is different. However, the tone you talk with seller is very good and kind of soft spoken helps in the situation with some empathy needed. Thank you for the info.
Thanks for the correction. Ive bought 60+ houses subto, but got to keep terminology in check. Thanks
@@michaeldfranke where you getting leads from? I am going to start out
@@michaeldfrankewhere do you buy your leads?
Great job. Where are you getting your foreclosure sale time and date information?
Amazing content. I was struggling with cold calls, and this was exactly what I need it. Thank you very much!
I'm so glad it was helpful
Just got keep calling it gets easier more you do
Great call! It highlights your motivation, Michael. Keep creating videos.
Always ❤
This was AWESOME, thank you for making this video
Keep making more of this type of videos or have some of your guys make some videos as well. Thanks for the value!🙏🏽 Got some golden nuggets I can I add to my arsenal.
I'll keep em coming!
Michael that was insane watching I absolutely love this you are simply amazing giving exactly what we need to do this job! Thank you so much!
So much learning from this video, this could potentially be a training video, continue creating contents!
I'm glad it was helpful!
This is 🔥. Thank you!
I’m glad it brought some value 💪
This is really helpful, Michael❤
❤
Cold calling pre foreclosures is best..ive been doing it over 20 years..have done some great deals
Love to hear it 💪
Thanks Michael. is it possible for you to teach us on : what system do you use? and how and where to hire a VA? and what do you use to filter the Do Not Call numbers?
love this, thank you for doing this for us Michael!
My son is part of CG and learned of your training through CG. Your training was phenomenal! I work with my son in real estate and it has been a great source of income. But....helping people with pre-foreclosures has shifted my mindset to now having a passion for working in real estate. I, too, am a believer and love how you share that. You have ignited a fire in me to help people and I am so excited. One question I have is for Millsap & Singer, how do I find the address using the MS File #? Thank you for all you do for people. I just love it!
I'm so glad it's been helpful!
What software are you utilizing to show when the FORCLOSURE sale date is? Thank you so much for the value!!
First time watcher of the content. True professional and master of your craft!! Well done, sir.
Which CRM are you utilizing??
We use left main in sales force
This is gold.
1 page purchase agreement, keeps it simple. It's definitely not the subto agreement . ❤❤. Would you be willing to share that., because I feel a simple agreement in these delicate situations would be very helpful. Peace and Blessimgs I just started watching you. I've helped in two preforeclosure here in AZ. We stopped one and the seller wanted to go the shortsale route. I was the buyer and it was approved at 150k in 2020. The gurus turned it down, and Zachary Kepes gave me the money to buy it. It was an awesome experience to help. I have a passion for this one because I lost our home in IL to preforeclosure in 2017, and walked away with nothing. I just discovered you, and am looking forward to learning more, from you. Peace and blessings... thank you
My Subto agreement is much much longer. Definitely a different agreement entirely.
Enjoyed watching this cold calling process. We can really see the reality of talking to these different sellers, hope everyone who want's to do cold calling may get all the important details and learned a lot in this video. Thank you Michael 😇
Hopefully they can gain a few nuggets
Great content MIchael. What source do you use to get the leads and all the foreclosure information? Thanks
All public data you can glean directly from the source at the county level
Great call, thank you
Your welcome
This is fantastic!! Thank you ❤️🔥
I would like to know how to educate myself on the different options you offered
Dude this is sick thank you 🙏
I'd love to see what you say in the video message you send. Thanks for all the great value with these videos!
Also, interesting to hear your acquisitions process from the first connection who canceled and signed with you.
Do you have boots on the ground acquisitions agents nationwide??
Currently we are just local, but we hope to be nationwide in the next few years
@@michaeldfranke 31:59 Hi Michael, are you national now?
I like your video, and wants to get on the wholesale business .
Thank you for your assistance .
Great video! I haven’t done foreclosure calls yet, and this is going to help me a lot. Would you mind sharing your bankruptcy connection?
smoother than glass
Appreciate you watching!
This is too good
I’m glad it was helpful 💪
Yo i appreciate you and this video! How you break down options for the seller that’s what i desire to do! Thank you!!
When starting out new in this business how did you build the relationships with the people who help you stop Foreclosures
I will have a community launching soon that goes over every aspect of that. I will try to make a UA-cam video soon over that though.
@@michaeldfrankeHave you started this community and posted this video?
How can I get a guy like Rick that gets things done
this was awesome good content bro
I’m glad it was helpful 🙏
As someone starting off and the seller asks what company or group are you with what would you say then? Does it make you look like a shark looking for a deal if you tell them you’re a lowball cash buyer? Or how exactly would that play out?
Where do you get the auction sale information from?
Good stuff!
Glad it was valuable 💪
Wait a minute. What do you mean once its sold at the court steps the house is gone. Doesn’t the seller have redemption rights after its sold at auction?
Hello! Is your one (1) page Purchase Agreement for preforeclosure's for purchase?
And if it is, do you have a short training video that comes with it on how to fill it out?
How to find these online up to date foreclosure records? Is there a nationwide site or maybe just a google prompt so I can search my county?
Michael, thank you so much for sharing this! This is priceless to actually see this done live! I've been looking for more education, so I can feel more confident. I have finally found it! Monkey see - monkey do! ))) One question, please mention a few key connections I need to nurture before I actually try to help homeowners. Will this be a foreclosure attorney, a title company, an investor friendly RE agent..? Maybe you could make a video on how to develop my network before diving in with the homeowners? Thanks a ton!
How would I find a website like Millsap & Singer for the state of Oregon? What search criteria would I use to find those sites?
What time of day were you making these calls? What would you recommend for a good time to make these calls?
Do you ever go after or help out in other states ?
Is there a class for this to get more in depth?
Hi! What CRM do you use?
How do you get their phone numbers?
What would you say to that Realtor if they would have answered? What options would you have given them to collaborate with you? Also, any chance you would share your bankruptcy contact and Rick’s number, 😬 pretty please 🙏🏼😉 As always, thank you for the content!
What is free skip tracing software?
you would think the phone companies would atleast scrub the obvious dead numbers off thier platforms. but they still allow these dead / bad disconnected numbers after 5-10 years to be circulated and recycled. in this day and age
How would I approach a foreclosure attorney to work with my team?
Wondering this also!
We don’t have a foreclosure attorney on our team. Our title agent used to be one. He’s well versed on all of that and helps us get sales stopped.
What’s power dialer do you use?
It’s baked into Salesforce
Do you do any follow-up text messages ?
Absolutely!
What do you do when nobody answers the phone
What is pre mls?
You have a good pitch but i would not be promising these people cash before even knowing the numbers or the price point the seller wants. We take homes subto with ZERO cash to seller. This way you dont get their hopes up and then have them cancel the sale because you are not performing
Not my first day. Closed hundreds and hundreds of houses out of pre-foreclosure. Thanks for your perspective.
🔥🔥🔥
He’s lowkey got the Obama “uh” and it’s very disarming.
Michael, I use TPS as well. It's hit or miss... my question is when you text a new lead for the first time do you text the same intro you use over the phone...?
Wait a minute. What do you mean once its sold at the court steps the house is gone. Doesn’t the seller have redemption rights after its sold at auction?