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Updated over 10 years ago on . Most recent reply

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2,341
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Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
877
Votes |
2,341
Posts

Getting experience Cold Calling

Shaun Reilly
  • Landlord and Rehabber
  • Newton, MA
Posted

I would like to add cold calling to my repertoire to find deals.

Problem is I do not really have any experience doing it, and frankly I don't love the phone so not something that comes naturally to me.  I can talk to sellers on the phone (when they call or returning their calls) so I know I can do it, I just want to get more practice. 

My thought was to see if I can get one of those flexible part time jobs with a telemarketing firm to get some hours logged in with the process before going after my own RE leads, and make a few bucks on the side.

Thoughts on that plan?  Anyone work for that type of company and felt it helped with those skills?  If so any recommendations on companies to check out?

Most Popular Reply

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350
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175
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Douglas Dowell
  • Denver, CO
175
Votes |
350
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Douglas Dowell
  • Denver, CO
Replied

I had the same resistance to cold calling as well.   I have done it for others in the mortgage business and I think taking a telemarketing job is the highway to the slow lane imho.  

I recommend just pull up zillow or FSBO sites and you WILL talk to people. This is a transcript from my latest call and the worst it has been in 3 months of my cold calling strategy:

Ring

A: Hello

Douglas: Hello I was calling about the home on zillow

A: What (older lady)

Douglas: I was calling about the home on zillow

A: Oh Zillow....are you a reator

Douglas: No,..I am a real estate investor

A: We are experienced real estate investors and we dont need any lowball cash offers is that what you were about to do

Douglas: I was....but I also do rent to owns

A:: Well we have done this for a long time

Douglas: I see...nothing new under the sun

A: Of course we can all learn something new WE DONT NEED ANY SARCASTIC investors though

Click.

Come on in...@Shaun Reilly ...the water is not as cold as you imagine.

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