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How to Use "Language" to Influence People

My name is Bill Twyford. I’ve been in the business for little over eight years, and I’ve done almost 850 transactions. I’m very, very assertive. My specialty is communication–talking to homeowners and talking to banks.

So let’s start with some embedded commands. Embedded commands are patterns of language that bypass conscious reasoning and speak directly to the subconscious mind. Embedded commands influence people at the subconscious level. This allows you to direct people to take specific actions.

They will also have specific thoughts and will generally do whatever it is you want them to do. The subconscious is in a constant search for patterns. One command is not a pattern. You have to bombard your customer with command after command after command.

Your brain is always analyzing what’s going on around you. It’s trying to find similar things from your past and trying to line them up. The subconscious mind has stored millions and millions of conversations with other human beings. These conversations have become so routine, that the mind has virtually fallen asleep. Continue reading

Assumptive Language Patterns

By Bill Twyford

Having a firm grasp on language patterns will help you close more deals. In addition to using embedded commands, which are word groups that order you to do something, you must incorporate assumptive language patterns into your vocabulary. Assumptive language patterns assume the outcome of what you are asking.

When doing short sales you can ask the bank the same question, two different ways. Read both sentences and see which one you believe to be more assumptive:

  • Hi, my name is Bob and I was wondering, do you do short sales?
  • Hi, my name is Bob. I am working on a short sale for the property located at 123 Elm St. The loan number is #34777. Where do I need to fax my short sale package so that you can go ahead and get this deal approved?”
  • We are assuming the bank is going to say yes to our short sale, instead of wondering if they short sale at all.Let’s look at another example of assumptive language patterns you can use when speaking to homeowners: Continue reading

    Flipping Homes, House Flipping: What’s The Deal?

    Flipping Homes… Flipping Houses… What is everyone flipping over?

    In the past five years, you’ve obviously heard the buzz surrounding flipping homes. There’s a new TV show popping up weekly, it seems. And it’s hardly even possible to keep track of them all these days.

    But, what’s the real scoop behind all the “flipping houses” buzz? And is it right for you?

    In this article, we’re going to dispel some of the myths surrounding flipping homes and also give you the steps in case you want to jump in. First off… the term “flipping houses” often refers to two different things:

    1. Wholesaling, also known as “assigning the contract,” is when you simply put a property under contract and “sell” the contract to someone else, usually another investor.
    2. Retailing, or “rehabbing” is when you actually buy the house you are going to flip, do the repairs, and then sell the house, usually to an end buyer, or homeowner.

    On TV, they’re showing the latter: buy-fix-sell.

    There is a lot of money to be made flipping houses, but if you don’t do it right, you can also LOSE a lot of money. What you don’t see on the television show is how they find their properties, how much it costs to acquire the properties and, in most cases, the profit. It’s funny how these programs very rarely tell you HOW MUCH the person REALLY made from the deal (not the gross profits, but what they put in the bank after all is said and done). Continue reading

    Housing Bubble: Fact or Fiction?

    The housing bubble has been inflated because of the media… PERIOD!

    Think about it. People watch the nightly news or pick up a copy of their local newspaper and it’s “doom and gloom” everywhere you turn!

    But do you remember back a few years ago when it was “the hottest real estate market” in history? The truth of the matter is that the “housing bubble” that everyone was panicking over is more hype than it ever was reality!

    If you actually take just a few moments to do a little research and come to your own conclusions, you’ll see that the media is defining our market not necessarily the facts.

    Sure… no one would disagree that the housing market has slowed across much of the country and that some areas are harder hit than others. Of course, if you’re in one of the areas that was hardest hit, you still may very well be feeling the pinch. Continue reading

    Finding Buyers

    “Do NOT Make Your Buyers Feel Like Hairy Monkeys!”
    by R. Preston Ely

    Times they are a changin’.

    Whereas in 2005 finding a buyer for your wholesale deal was as easy as Alyssa Milano in Poison Ivy II, we are now faced with a much more challenging predicament. I have personally coined this annoying situation as “Reality.”

    “Reality” sucks. We all know this. Normally I can effortlessly bend it to my will, but it’s actually putting up a pretty good fight this time. You see, what I want it to do is put things back the way they were a couple years ago. A couple years ago, if I so much as sneezed I would have rehabbers (buyers) lined up around the block thinking that was a secret signal that “the deal was in,” or something. Here’s a typical scenario from “back in the day” (which was a Wednesday by the way):

    Rehabber #1: He sneezed. It’s on!

    Rehabber #2: Oh hellz yeah. It probably has at least $9,000 of equity in it just like the last one. I’m paying cash.

    Rehabber #37: You guys are idiots. He has a cold. It doesn’t mean anything (as he secretly shimmeys his way closer to me while butting everyone else in line).

    Rehabber #1: How do you have that much cash?

    Rehabber#2: I refinanced my house and pulled the equity out.

    Duh. Where does anyone get money from these days? Idiot. I bought my house in 1999 for $125,000,and it just appraised for $750,000. I did a 125% LTV cash out re-fi with negative amortization at .0027% APR so my payment is only $1.75 a month. They wrote me a check for over $600,000. Cool huh? Have you seen my new boat?
    Continue reading

    Hard Money Loans: How to Get the Best Rates

    Whether you’re a seasoned real estate investor or brand new to investing, you will – at some point in your career – need to turn to hard money!

    Many people turned away from hard money except on the REALLY UGLY properties for much of the early 2000s or if they had pretty beat up credit. This was because conventional lenders were giving money away for all intents and purposes! Virtually anyone ““ first time home buyer to seasoned investor ““ could get 100% financing on their properties and it didn’t seem to matter how many properties one had!

    Well”… welcome to the new market: The “conventional” lenders (like Chase, Indymac, Countrywide, etc.) have tightened their reins, and for good reason!

    Before we go into how to get hard money, let’s talk about some of the pros and cons of hard money versus conventional financing! Continue reading

    Embedded Commands

    by Bill Twyford

    The key to success is knowing how to communicate with others. Whether you are a real estate investor, work at a fast food restaurant, or are a doctor, without good communication skills people won’t like you. Have you ever met someone and didn’t like them, but didn’t know why you didn’t like them? They just “rubbed you the wrong way.” Subconsciously you did not like their communication skills. My goal is to teach you to master your communication skills so that you can have others eating out of the palm of your hand.

    Sounds good, where do I begin? Embedded commands. What the heck are embedded commands? Embedded commands are patterns of language that bypass conscious reasoning and speak directly to the subconscious mind. Embedded commands influence people at the subconscious level. This allows you to direct people to take specific actions.

    Our subconscious mind is in a constant search for patterns. Using one embedded command at a time is not a pattern. You have to basically, bombard your customer with command after command to get what you want. Our conversations have become so routine that our mind has virtually fallen asleep. Our subconscious mind runs on auto-pilot. Continue reading

    5 Steps to Successful Real Estate Marketing

    There are essentially 5 steps to being successful in real estate marketing. Before we go into the 5 steps of real estate marketing, I want to encourage you to become a student of marketing. The moment that you are able to find your own deals – on demand – the more money you will make! It’s a direct correlation. When I started out in real estate, I didn’t understand how to “really” market for deals. I was depending upon real estate agents, local real estate investing groups, etc. I did a lot of deals, but I realized I wasn’t making the kind of money I knew I could in estate.

    Follow these five steps to successful real estate marketing and you’ll be on your way to filling your own funnel full of five-figure deals.

    1. Define Your Target Market:
      You must be focused… If you run in too many directions, focusing on too many real estate markets, you’ll always be skipping around, never getting ahead. You need to learn overcome objections; you need to know how to handle the different situations that arise. Once you master one market, then you can duplicate your system across market after market. For instance, you may choose to start working with foreclosures or out of state owners. Once you get the real estate marketing system in place for one, add the other. Then, you can simply duplicate it over and over again!The single most important thing to remember is that you MUST target motivated sellers…. PERIOD. Continue reading

    Foreclosure Help – Are Lenders Stepping Up?

    The real estate industry, or more appropriately, the mortgage industry is facing daily changes. As you probably know by now if you’ve read the newspaper or watched television in the last three months, the sub-prime mortgage market has made some huge changes… Second mortgages are quickly going by the wayside in exchange for loans with mortgage insurance, which is now tax deductible*.

    If you do the math, even with PMI, loans often end up costing the borrower less than the hybrid loans of recent years.

    But… the changes affect the new loans, not the existing mortgages with which sellers are facing foreclosure in record numbers. And this is the major reason the real estate market has flat-lined, depreciated, or ____________ (fill in the blank with your market). Let’s face it… homeowners got bad loans and the mortgage industry was getting wealthy. So, let’s not feel too bad for the lenders :-). They not only did it to themselves, but to homeowners and investors. Have you ever heard the saying, “Pigs get fat… hogs get slaughtered… Continue reading