1. EachPod

WIP 1126: Reviving a Dead Deal - Case Study On a $40k Novation Deal that Almost Went Bad

Author
Find distressed properties for pennies on the dollar and turn them for huge profits!
Published
Mon 16 Jan 2023
Episode Link
None

Are you struggling to revive leads that seem impossible to re-engage? Well, fear not because on today's episode, we'll be sharing some strategies to help you turn those bad leads into big fat paychecks!

Unlock the secret to reviving dead leads and start  gaining a competitive advantage in your market by listening to Todd Toback as he shares, step by step, how he closed a $40,000 novation deal from the ground up.

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Show notes:

  • (0:50) Beginning of today’s episode
  • (2:00) A novations deal case study 
  • (4:04) You don’t sell to cash buyers under novations. You sell it to retail buyers
  • (6:28) Typically, novations don’t work that well with properties that are already listed 
  • (6:54) Sometimes buyers will back out but don’t let temporary setbacks hold you back! Keep going
  • (7:58) Get comfortable having uncomfortable conversations

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Resources:

  • MLS
  • To speak with Brent or one of our other expert coaches call (281) 835-4201 or click here to schedule your free discovery call to get our help in building a successful wholesaling business.

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