Closing Auction Deals Today with Dylan Onorevole

Can a young, ambitious real estate agent triumph in today’s challenging market by leveraging unique strategies like property auctions?

In this enlightening episode of the Passive Wealth Strategy show, host Taylor Loht interviews Dylan Onorevoley, a 21-year-old realtor who has made remarkable strides in the real estate industry. Dylan shares a compelling case study of a recent auction-based property deal, offering valuable insights into navigating the fluctuating real estate market. The episode delves into Dylan’s journey, overcoming age-related challenges and leveraging his unique perspective to succeed in a highly competitive field. This conversation is a treasure trove of strategies, mental tools, and practical advice for young and aspiring real estate professionals.

Dylan is an overall real estate enthusiast; working as a licensed realtor with eXp Realty, wholesales real estate, dabbles in property management, and is an inspiring real estate investor. He believes real estate is his way to freedom and wants to take as many people as he can with him. Expressing the possibilities of real estate along with speaking with business owners in his podcast “The Pursuit Show”.

[00:00:00 – 00:03:00] The Young Realtor’s Journey 

• The importance of family influence and early exposure to the industry.

• Overcoming the hesitation of starting young in real estate.

• The shift from formal education to a full-time real estate career.

 [00:03:00 – 00:06:00] A Deep Dive into Auction Deals

• Utilizing online platforms like HubZoo for property auctions.

• The strategic approach to bidding and securing properties.

• The benefits of auctions in a competitive market.

 [00:06:00 – 00:10:00] Assessing and Executing the Deal

• Evaluating property potential without physical visits.

• Navigating the complexities of auction purchases.

• Cost assessment and investment strategies.

[00:10:00 – 00:14:00] Challenges and Learning Curves 

• Managing unexpected hurdles in auction deals.

• Learning the intricacies of local real estate markets.

• Importance of comprehensive pre-auction research.

 [00:14:00 – 00:18:00] Youth, Experience, and Real Estate

• Overcoming the stereotype of inexperience due to youth.

• Building credibility and relationships in the industry.

•  Strategies for young realtors to establish themselves.

Quotes:

“If I can make it through this time, I can make it through any time.” – Dylan Onorevole

“You have to have that kind of cocky attitude where it’s ‘I’m better than some of these realtors who have been in the industry for 10 years plus.'” – Dylan Onorevole

Connect with Dylan:

Instagram: https://www.instagram.com/dorealestate.nj/?hl=en

Apply to Invest with Taylor at www.investwithtaylor.com

Track your wealth for free with Personal Capital, go to www.escapingwallstreet.com

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