💡The Power of Finding The Pain Point‼️
💥Earlier this week I was in a call with one of my friends who's in the notes business. ✔️She works with wholesalers by helping them with wraparounds. 🚀She underwrites, the deal for them, wraps the note with the end buyer, and the wholesaler keeps their full assignment fee while she holds the note. A win win 💪🏾situation for both her and the wholesaler... 👷🏾♂️THE PROBLEM: 〰️Most wholesalers don't understand this structure🤕, so they immediately dismiss it⛔. 🔥MY SUGGESTION: ➕The best way to go about it is first get to know what deals the wholesaler focuses on, and then find their pain. ➕This can be done through asking relevant questions that lead to how you can help. ⏩If you go with this approach, instead of pitching to them what you do even before you know their pain point, then it comes out as a sales call that they don't need. 💰I found this is also true for me in my lending business, and can be true in any other real estate related business. If you're a wholesaler that understands how wraparound deals work and want to close more deals with my friend, feel free!