Nathan Payne says beginners typically need 30 to 90 days to close their first real estate deal, not the unrealistic 30 days or one week many expect. His own first deal took three months. He covers where to find motivated sellers and which lead-generation tactics actually speed things up.
Now, the reason why I tell you guys this up front is because the expectations of this business are wrong. Most people get in with the expectations that they can close a deal fast and get paid in under 30 days. Yeah, that's possible if you build up a pipeline and you have a CRM and you have a good team or you have a good process. But if you're new, the chances of you getting a motivated seller that can close in under 7 days, under a week, is absolutely outrageously crazy if you can do that. I'm just being— I'm being straight up with you guys. Most of the times for new beginners, it takes 30 to 60 to 90 days to close their first deal. It took me 3 months to close my first deal. Now, this video, I'm telling you guys, like, I'm not just here to clickbait you. You can close deals in under a week. And I'm going to show you guys where you would find these motivated sellers and what lead generation tactics you need to use. So don't worry, I'm going to get into that because it's possible. Just, we got to set our expectations correctly.
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