How and where can I get really proficient at cold calling quickly?

How and where can I get really proficient at cold calling quickly?

Member since 2023 · 3 posts · 0 votes

Hello!

I have been an agent for about 3.5 years, and working on acquiring my first couple deals for flips/BRRRR's asap. I have put lots of offers in on on-market deals but since it's competitive in my market the price I'm able to get for anything on market is just not ripe enough. Also have reached out to tons of agents I have connections with already and not having much luck, so I want to focus on generating off market leads.

It's my goal to get really proficient at cold calling. My question is where are the best resources I can find for scripts and role-playing? Any specific workshops, courses/masterminds, or maybe finding someone that's willing to let me shadow them? I have almost 100k saved and am more than willing to spend whatever I need to. I have found a couple masterminds that are tempting and I think would help me learn quickly but they are anywhere from 7-15k and the general sentiment I've found is to avoid these if possible. I'm assuming there's lots of stuff out there that's way cheaper.

I originally wanted to just buy a couple lists of 10k numbers each of targeted motivated sellers, and then hand them off to a VA company that will dial them, but I was told it'll be a much better business if I get proficient myself and then hire my own VA's and train them. So this is what I want to do and then build my own systems/sales team.

Any advice or experience is appreciated. Thanks!

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Nicholas L.Pro Member
Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
1y

@Shane Dennison

is your end goal just to find off market deals to buy for yourself?  that's a simple pitch - you say your name is Shane, you're a real estate investor, and you'd like to buy their property.  what you're going to run into is:

-most people won't answer.

-of the people who answer, most won't be interested.

-of the people who are interested, most will want a price that is too high.

so out of that, you might get a small number of actual leads / motivated sellers.

with that said, though, are you networking with investors and wholesalers?  that's another channel for getting leads / deals.

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  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
    1y

    Hey @Shane Dennison. Welcome to the BP Forum! What city/market are you in?

  • Member since 2023 · 3 posts · 0 votes
    1y
    Quote from @Jaycee Greene:

    Hey @Shane Dennison. Welcome to the BP Forum! What city/market are you in?


    Hey there!

    I'm in Annapolis MD. Anne Arundel County and all surrounding counties.

  • Nicholas L.Pro Member
    Flipper/Rehabber · Pittsburgh · Member since 2018 · 6k+ posts · 5k+ votes
    1y

    @Shane Dennison

    is your end goal just to find off market deals to buy for yourself?  that's a simple pitch - you say your name is Shane, you're a real estate investor, and you'd like to buy their property.  what you're going to run into is:

    -most people won't answer.

    -of the people who answer, most won't be interested.

    -of the people who are interested, most will want a price that is too high.

    so out of that, you might get a small number of actual leads / motivated sellers.

    with that said, though, are you networking with investors and wholesalers?  that's another channel for getting leads / deals.

  • Jaycee GreenePro Member
    Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
    1y

    Have you attended any events from this group: 

    https://www.meetup.com/annapolis-baltimore-real-estate-inves...

    I have friends that attend similar meetings with REA groups in other markets and say it's really useful.

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