Full Live Call Real Estate Wholesaling

Tyson Smith of We Buy Homes Cash calls Aronda about her 3-bedroom house on Providence Road. She wants $220k, has a $23-29k lien, and has only received a $180k offer. Tyson returns with $182,000 cash as-is, covering closing costs, and holds it for 48 hours while Aronda considers.
Chapters
Hello?
Hello, Aronda?
Yeah.
Hey, Aronda, this is Tyson. Uh, looks like you filled out some information on our website about possibly selling a property here on— This is Tyson with We Buy Homes Cash. Okay, it looks like you filled out some information on our website about possibly selling a property over on Providence Road.
Right. Mm-hmm.
Did I catch you at a bad time?
No, uh-uh. Go ahead.
Awesome. Um, I just wanted to take a couple minutes to ask you some questions about the property, and after that we'll be able to give you a cash offer for it. Does that sound good?
Okay, that's fine. Okay.
Hey, while I'm getting this property pulled up, can you kind of catch me up to speed here? What's got you thinking about selling it?
Well, I'm thinking about downsizing. Yeah, I don't got older now. I can't, uh, tend to that yard like I want to. Yeah, yeah.
Um, have you thought about— like, it sounds like you're currently living in this property.
Have I did what now?
It sounds like you, you are currently living in the property, right?
I've been there about 20, about 23 years.
Oh, gotcha.
Okay.
So, um, if you sold this property, do you have an idea of where you'd move to?
Not really. Um, I was thinking about maybe, uh, Senior Citizen Place or something like that. Okay.
Yeah, that could be nice.
Yeah.
Okay. Well, in a perfect world, How soon would you want to have this property sold?
Well, uh, I've been trying to get all my stuff out of there, so I'm still working on getting it out of there. So, um, I mean, I'm thinking about it as soon as possible, really, but I, I haven't got anything to go through yet, but, um I'm still putting in applications. Yeah, so yeah, that part. Okay, so I'm trying to get, uh, storage space so I can put my stuff in, all my stuff in it, until I do find out something come through, you know?
Okay, yeah, that makes sense. So you think like 30 days, 60 days?
Well, um, I would say about 30 days. It might be less than— like I say, I'm trying to working on getting stuff out of there. So, okay, I've got a lot of stuff out so far, but I still got more to go get out.
Yeah, I hear you.
Yeah, so that's what I've been working on next.
Okay. Well, can you tell me a little bit about the property? How many bedrooms and bathrooms are there?
It's 3 bedrooms and 1 bath.
Okay, and I'm seeing it looks like it's 1,000, 1,050 square feet. Does that sound about right?
Exactly. Mm-hmm. Okay, and I'm seeing a lot of land to it.
Yeah, yeah, it looks like it's about half an acre.
Right. Mm-hmm.
I'm seeing that the property was built in 1970. Do you know if the roof on there is original or has it been updated?
I just put a roof on it about a month ago now.
Oh, okay. So it's like brand new.
Yeah. Mm-hmm. Okay.
Is there an HVAC system on the property?
Yep, that's about 4 to 5 years old.
Okay, and then I can't see, is there a garage or what's the parking situation?
No, there's no garage. There's no garage to it. It's fenced in though.
Okay, so it's just like a driveway?
Yeah, exactly.
Okay, is the property on city sewer or is there a septic tank?
It's a septic tank. It's got city water, but I did not get the septic tank. Okay.
And looks like the property is a single-story home, right?
Single family, uh-huh.
It's one story?
Right, uh-huh. Okay.
Okay. Could you do me a favor? On a scale of 1 to 10, 1 meaning we would need to tear down the property and start from scratch, and 10 being it's in immaculate immaculate condition. It just got renovated. It looks like, uh, one of those, uh, HGTV show flips. What, what would you rate the property?
I'm pretty sure that whoever buys it, they're gonna reveal all because of the land on it. Oh yeah, yep, because we got like, uh, 1, 2, 3, 4 We got 4 new homes in the neighborhood. Okay.
Mm-hmm.
I don't give a fuck about what they're talking about. It's right here.
Uh, let me ask you, uh, do you have an idea of how much you're looking to get for the property?
Well, I was gonna try to get the highest bidder. That's what I was trying to do.
Yeah, that makes sense.
Yeah.
Okay, well, have you, uh, have you gotten any bids for it yet?
Say that again.
Have you gotten any bids on it yet?
Yeah, the highest bid I got so far is $180,000.
$180,000, gotcha. And that wasn't, that wasn't high enough yet?
Well, see, when I first went there, we did a lot of work to that house. I did a whole lot of work. Yeah.
Yeah.
So, you know, as far as what it's worth to me, you know what I'm saying?
Yeah, absolutely.
And then, then too, I owe like, uh, well, $23,000 and, and write it C. That's what I owe on it. What I owe. Okay. Yeah. So that's why, you know, I want to walk away at least with some money, you know what I'm saying?
Wait, I'm sorry. How much did you say?
Live on, you know?
Yeah, absolutely. Um, how much did you say you owed on the property?
Huh?
How much did you say that you owed on the property?
Uh, $23,600. That's $29,000. Right at $29,000.
Like, uh, $29,000? Uh-huh. Okay, and so you obviously need to have some money to live on after you sell it. How much money do you think you'd like to have in your pocket after everything's all said and done?
Well, I mean, I would— if I did pay that money off, I would at least want to walk away close to 2. I'd be straight.
Yeah.
Yeah.
Okay, so you think if somebody were able to offer you somewhere around like $220,000, that would get the job done?
Oh yeah, I'd get my stuff out. Yep. Okay.
Gotcha. So just to make sure I understand you correctly, um, we would— we'd need like 30 days before you'd want to be fully moved out and, um, it depends.
I mean, money talk.
Money talks.
Yes, sir.
Well, yeah, one thing people love about working with us is that we actually allow you to pick your move-out date no matter what. Okay, so in a perfect world, you know, assuming we could get you that number, we could get you $220,000, have you walk away with, uh, just about $200,000. How soon would you want to move out?
Well, I would go ahead and finish getting packing, finish packing, getting it out of there. That's what I would do. That's why I've been working hard trying to get that stuff out of there. I mean, really, I got a whole lot of it out, but I still got a little ways to go. But it's not— it's not— I would say it would take me About another week to get it all out. At least another week.
Okay. Gotcha. All right, well, here's what I'll do, Aronda. Let me take this information over to my underwriters, and I'll be able to give you a call back in about 5 or 10 minutes, and I'll let you know what our offer would be, okay?
Okay.
All right, we'll talk to you soon.
Okay.
All right, bye-bye.
Bye-bye.
Oh boys, guys, I am fucking tired as shit. Start working at like 7 AM this morning. Let's see, what do we got? I'm looking at what other— let's see, $1,250 max. What do these houses sell for? We got one at $300K. It's gonna be a new build. Yeah, 2004 sold for $300. I bet we could get $300 for this. Yep, I gotta be at $182,000. Same exact shit that other person offered. Yeah, I'm just gonna start there. I'm just gonna offer $182,000. I'm not gonna go into novations or anything like that. Um, we'll go ahead and call her tomorrow. But on the Novations, but let's see here. There's just not a lot of great comps. You know, if you guys are watching on YouTube, ideally I'd only like to use comps that are in this area just because these are all going to be houses built around the same time and these are all similar lot sizes. This is a whole new subdivision built, and so I don't know if people are going to prefer the new build. They don't really give a shit about the lot size, but I think 300 sounds about right. All right, we have nothing for sale. Nothing for sale in the area. Got a townhome for sale for $280,000, kind of nearby. All right, I'm just going to call an offer $180,000 right now, or $182,000. That's— she's not gonna— she's not gonna jump on or anything, but at least it'll price anchor, and then I think I'll get an ovation at $200 tomorrow. All right, we'll call it a $250 as is. That's what I think we list it for. So if we were to list it at $250— yep, I'm right on the money— we'd be at $200. So Hello? Hello, Aranda? Hey, it's Tyson again.
Oh, okay, okay.
Hey, so we were actually able to do that pretty quickly. Um, luckily this is the, the last offer that's going out today, and all the underwriters were free, so we were able to look at it right now. But, um, based on what they saw, your property did qualify for a cash offer from us. I want to reiterate again Our offer will be for the property in as-is condition, so you will not need to make any repairs to the property. Our offer includes us paying all of the closing costs, so you don't have to pay for any of the, the title transfer fees or any of the other fees that typically would come out of an offer on a real estate transaction. And there would be no other realtor fees or anything like that. Um, with that being said, your property qualified for an offer of $182,000.
That's the offer, $182,000?
Yes, ma'am.
Okay, you can't go to $220,000?
Yeah, unfortunately, $220,000 would just be too much for us.
Okay, okay, okay, um, okay, so what I have to do from here?
Well, if you accept the offer, then what we would do is send it over to you in writing. So we'd send it to you via email if that works, or we could go ahead and have somebody bring you the paperwork yourself. The offer is just going to state exactly what I just laid out for you. We'd be buying the property for $182,000. We're buying it as-is. And then like I said earlier, you go ahead and you get to pick your close date. So you just let us know when you'd want to be moved out. And then on that day, the property is sold. Uh, the money will be sent to you. Either it'll be a direct deposit into your account, or you get a check from the title company, and then you are free to go.
Okay, let me, um, let's see. Yeah, hold on one second. Okay. Okay, what's your name again now?
My name is Tyson Smith.
Tyson Smith. Okay, okay. All right, so, um, let me see, um, about getting me some help to get the rest of my stuff out of there, and I should call you back. Uh, do I have a few days to call you back?
Uh, yes ma'am, we're able to hold this for the next 48 hours.
For the next 48 hours?
Yes ma'am.
Okay, I'm gonna call you right back, okay?
Right back, like in the next, like, like right back today?
Um, let's see. I need, uh, could tomorrow morning be fine?
Yeah, absolutely.
Okay, I got you. So this is the same number to contact you back on?
Yes, ma'am.
Okay, I'll give you a call tomorrow morning.
All right, sounds like a plan.
All right, thank you.
All right, thank you, Rhonda. We'll talk to you tomorrow.
Okay.
All right, bye-bye.
Bye-bye.
Wow, boys, that's what I'm fucking talking about, dude.
What the fuck?
See, we stay late, we stay late. It's 6:41 right now. I've been up since 7 fucking AM working. We've been hitting the phones, we've been fucking closing deals. Actually, we haven't been closing deals, we've been striking out all day long. But because we trust the process, we trust the KPIs. Guys, I have made $136 today. I told you earlier my goal was $140 or 4 offers. That was the 4th offer I gave. Tomorrow morning we're gonna give her a call, we're gonna lock that shit back up because guess what? Even if $182,000 doesn't work from her, we can offer about $20,000 more on renovation. This is how we fucking do it. This is why we do it, guys. This is Dave Ben, day 2 of the $250K in 1 Month Challenge. If you guys want to see more of this, make sure you follow on TikTok. If you're watching on fucking YouTube, make sure you subscribe. I love all of you guys. Peace, fucking love. Remember, every single day is a gift. We are fucking lucky to be alive. Each and every day we get to wake up, breathe out of our fucking nose, open up our eyes and see the sunshine. It's a beautiful day. Love all of you guys.
Have a great one.
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