Lessons from My First Novation Deal

How the Deal Was Done
26/09/2025 9 min
Lessons from My First Novation Deal

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Episode Synopsis

In this episode, Terry shares lessons he learned from his first novation deal that was the result of a direct mail lead. He shares lessons on the persistence it took to get the deal from getting the contract in February to closing in August.

More episodes of the podcast How the Deal Was Done

Getting a Deal Done Without Going into the House or Talking with the Seller (Responding Solely Through Email until Deal Closed) 14/11/2025
Lessons on Following up with the Seller to Solve their Challenge on a Sight Unseen Property 07/11/2025
Lessons from Doing a JV Deal where the Probate Situation Changed Multiple Times 31/10/2025
Listening to the Seller and Offering Them Exactly What They Want - The Importance of Following the Process 24/10/2025
Finding the Right Buyer for a Specific Neighborhood 10/10/2025
Speed to Lead on PPC and Doing a Little Extra Work for a Seller 03/10/2025
Being Open to Multiple Options (Closing on a Home with the Intent to Flip and Then Selling it to Neighbor Investors) 19/09/2025
Staying Engaged with the Seller and Helping Them Make the Transition Into a New Place 12/09/2025
Just Go to the Appointment and Quit Assuming and Thinking for Others 05/09/2025
Being Transparent with Sellers and Reaching More Buyers in a Tightening Market 29/08/2025
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