What do you need to close on a hot deal ?

Closing on Hot deals means Assignment fees for more than $50,000 and can be up to 7 figures, so how you can Get the seller to sign once you receive a hot lead ? It’s just simple steps if you followed you will easily close on those hot leads you have.

Steps to Get the seller under contract.

• once you receive the lead give it sometime, not a lot but maybe just a few hours, This will give them the idea that you are not hungry to buy this house.
• Build Rapport and understand why they are selling and try to build rapport for an example if the seller mentioned that it’s Tenant occupied, ask the owner if he gets paid on time from the tenants, if there’s any issues with the tenants so try to build Rapport
• Try to know what they are willing to do with this money, because you will then focus on those things when giving a cash offer
• Try to know exactly what kind of repairs it needs and let the seller estimate those repairs because you going to use this when giving the final offer.
• let them know that you have another opportunities if you didn’t purchase their property.
• Try to tell them your benefits right away before giving the offer like covering the closing fees, paying Cash and Closing quickly.
• Finally when you give them the offer give them a time range to give you the final decision and send them the contract.

Finally you need to find a local buyer that will be interested in this deal and a hot deal will be always a hot deals if the numbers makes sense to the End- buyer.