Tony Montalbano’s GENIUS Strategy to Assign Contracts On The MLS!

Fantastic interview!

You know you're a genius when you're a multimillionaire and still learning from other people!! 💪🏾💪🏾

Great video! Why not list everything on MLS and reach out to cash buyers from the start to get the highest price.

Phil Pustejovsky has been talking about this on his channel for years

I work in a RE office here in WA state. In our office meeting this morning our designated broker announced that they are trying to pass through the legislature to get rid of dual agency here. It will be interesting if other state start following suit if it passes here!

Even though you have an agent through the flat fee MLS service, wholesalers still only own the contract/equitable interest and not legal title. That is, you own paper, not real estate. This means your MLS listing must clearly state what it is that you’re selling and not be misleading. For example, the MLS ad cannot state that you’re selling 123 Main St because you don’t own 123 Main St. It must state that you’re selling a contract that gives you the right to purchase 123 Main St. Also, FYI, some MLS systems don’t allow wholesalers to use them even through an agent. For example, one MLS I belong to states that the “seller” must be “The person(s) having legal ownership of the property or the person(s)' authorized agent or person(s) having the legal right to sell or lease the property, except that the owner shall not include a person(s) who merely has the right to purchase the property, but does not yet own it…..”

Hands-down, my two favorite in the real estate game

Can we get a sample copy of his clauses in the contract?

I was doing this 5 years ago and my sellers freaked. I lost all the deals but I will try again

Jerry and Tony...you are Flipping geniuses!

Jerry’s the goat

Very nice

The amount of value in this video is dam near priceless to active wholesalers... If you've been busy trying to maximize your assignment fees and build your buyers list... well, there you go!!

People dont realize this information is literally gold!

If one of your VIP buyers wants your deal but is coming in a bit lower than what you would like but its still a healthy offer/profit should I assign it to him or try this mls strategy to get more out of it? My thing is If I take my VIP buyers offer I can have this deal wrapped up in a week... from signed contract to a $12k payday in a week... or do I risk loosing that buyer and list it on MLS in hopes to make more? I do think I could get $120k or more if it had MLS exposure

I assigned hundreds of deals on the MLS on vacant lots in Florida. All virtual from Belgium baby!

Jerry Norton is the "Nore from drink champs" of wholesaling. He LOVES CUTTING HIS GUESTS OFF!!! HEY JERRY LET YOUR GUESTS SPEAK BUDDY!!!! GODDAMN!!!!

I use power of attorney for all my mobile home wholesales this let’s my make sure all mobile home taxes, and mobile home park lot rents are paid to transfer title and secure all documents for securing title. Works perfect because most states there’s laws against “skip titles or jump titles” which is buying selling mobile home titles without transferring ownership and paying sales tax during each transaction, and just wholesaling the title , and lot of state have rules that make you get manufactured home dealer license if hold or own too many mobile
Home titles. So power of attorney is work around all that

I've been doing this for the past 6 months. I got the agreement with the clause in place

Jerry, the biggest question that wasn’t addressed is: How do you prepare a seller for finding out their property is on the market? Bearing in mind they most likely didn’t want to go that route in the first place. It’s one thing for a seller to sign a contract with the clauses/terms in it, but if they explicitly weren’t told the property will be listed, that could be a big bottleneck when they find out. Pls advice.

Two killers in one room. This is a gem!! Thank you for the information!

For deals on the mls, is that an automatic buy and resell (double close)?

Hey Jerry what's your daily reading site or newsletter that you go to to keep tabs on changing legislature on assignments in different states?

Thank you both for avery eye opening start to my day! Mind blown!! So many great nuggets!! I am not finding Tony's link. Help

Great video guys! Is it possible to get a copy of the language you use in your purchase agreement, allowing you to post these properties on the MLS?

How did you grow your hair, Jerry?

Legend says they are still rebuilding after all the knowledge bombs that were dropped in this video.

I've used them too. 😂😂

Golddddddddd

Hey Jerry. In SC, not only do you have to have a RE license to market a property. You have to actually have a listing agreement with the owner of record.

Hi Jerry ! Even if I get it off of Zillow ?basically take it down and repost it ? Wouldn’t the seller be mad ?

If you have a property under contract as a wholesaler , can you wholesale that home to another homebuyer or you can only wholesale to investors? How does that process work please ?

Can we get a copy of that pre marketing clause that allow the wholesaler to add this to the mls, Zillow, and etc etc

Jerry, can i give u a quote i came up with by watching ur comment abt choosing the right market?

This dude Tony must be crazy charging $2500 for his scripts, hes a scammer in my eyes now

How long of an inspection period does he use? And how long for a typical closing?

Just closed on a deal Today using this strategy after watching this video absolute game changer 🔥🔥🔥🔥🔥🔥

Whats the point of listing the property that was already listed with an agent on MLS ,you are just relisting it in your name.

Jerry, You're a Flipping Genius !!! 😊

how do I get on your buyers list? I am interested in the house your selling in Citrus Heights ca

Jerry, at the 5 Min mark you say "We’ve been MLS-ing all our rural deals, but then take down and resell” - what do you mean? You post them on the MLS, then take them down and resell to another buyer?

he looks like Sully Erna from Godsmack

As soon as NAR learns what we are doing with brokerless, it will stop that or the Lic agent listing our property on the MLS will be terminated from NAR and and no longer be a lic agent. NAR will realize how much money they are losing allowing non lic individuals like us to list on the MLS. Like you say Jerry, be ready its coming.

Not going to fly Jerry, you cant list by proxy and be legal, you cant go around the MLS rules.

If you could wholetail is just like your end buyer then do it. Don’t assign for someone to wholetail lol.

Tony Montalbano’s not only GENIUS he is also so SEXY. i love his muscular body and bearded face.

Would this still be structured the same if the property is good enough for conventional buyers?

We've been doing this for literally years!

Why not just get your realtor license and list the house on the mls yourself ?