Ep. 6 - Is Buying Carrier Locked Phones Dead?

Ray and I discuss the fact that RSIM has went down and how it has drastically crashed the cell phone market. We go on to discuss why RSIM is so important to the carrier locked market and what has happened in the past when RSIM has went down.

What can you do as a street level cell phone flipper to keep your business moving in the green direction during this wild time in the market?

How long will RSIM be down and what can we expect in the future?

If you are holding phones now in your inventory, should you sell or should you hold?

How does having a healthy amount of Capital effect the decision to sell or hold current stock?

What other items can you buy to flip to help get you and your business through these unstable times?

What tips and strategies can you use to help negotiate the lower prices for carrier locked devices?

Will RSIM and the launch of the Apple iPhone 14 overlap? What are the possible outcomes if this happens?

New model for the iPhone 14?

Ray was a FedEx driver when he first started and was meeting people in the middle of his route!

Ray has been arrested and robbed when he was flipping phones in the street.

How to flip phones safely -

Listen closely for Ray’s actionable negotiation tip that he has used to make more money from sellers.

Perspective can play a major roll in how much profit you are willing to make flipping a phone.

Let’s talk competition in your local market and who will still be standing once RSIM is back up.

Ray Baubach Whatsapp - (+1 727-729-9628 )

Ray brings The Most Epic Dad Joke

Make sure to Subscribe so you don’t miss a future episode with Ray where we plan to discuss what exactly a direct buyer does and what that process looks like.

Want to learn how to flip phones? You can find my FREE Mini Course HERE!

Make sure to also join my FREE Facebook group where hundreds of other phone flippers collaborate and grow together! You can find it HERE!

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Episode Transcript

all right so we got ray bombach is that how you say that that's correct brother thank you um i'm one of uh one of many that can't get that correct for some reason it's bombach there we go bombard i gotcha so we got ray bombach here um he's down in florida and uh he's with biz pro wireless uh direct buyer i'm sure everybody's familiar with him um so i i wanted to bring him on so that we could talk about this horrendous week week and a half two weeks that we've had in the phone industry so that we can you know everybody's asking what's happened what's going on when's it going to be over and so we just want to jump on here discuss it and kind of figure out what's happened and where it's going to go so ray if you just want to tell a little bit about it about yourself and uh we'll get started there hey again justin thank you for inviting me on to your podcast a very up-and-coming podcast by the way but um yeah just uh i'm part of bispro wireless here in clearwater florida i've been phone flipping for over 10 years now of course it's uh it's an addiction that we all can't get rid of obviously um we can make hundreds of dollars at a time um you know this this market uh phone flipping is always a roller coaster everyone knows that um up and downs all arounds but you know the profits make it worthwhile um we do have ups and downs like right now the rsim situation um you know for lock devices is a very touchy situation um a lot of direct buyers such as us um lowering prices you know you know people freaking out but um this is one of those roller coasters that we deal with you know once a year on normal a lot of newbies that come into the cell phone flipping um have never ran into an issue like this and also you'll see in the groups like oh man what's going on prices dropped 200 you know yeah overnight it's just crashed and you know phone flippers you know the street flippers you got a big margin usually you know 100 a phone you know 150 lucky you know so if they're breaking even or lose a little i could see why they start freaking out you know and uh and like i said you get used to a certain price being there all the time and all of a sudden you know you wake up next morning or a hundred dollars minus um yeah but again this is a situation that happens a lot um you know maybe even once a year sometimes as it's been i think almost a couple years since the last arson went down if i remember correctly um but again a lot of people were trading phones into apple too so it kind of you know helped at that point where people weren't losing too much money but again we're just waiting on a patch here um of course with hong kong prices and everything you know these overseas people they need to have this arson working so you know they can use those lock devices overseas so yeah and that's what i wanted to that's what i wanted to talk about was was you know a lot of people don't understand exactly what rsim even does and why it's uh so important for the business that we do and more importantly why it affects the prices so greatly because most people don't understand or or not most people new people don't necessarily understand that you got to have rsem for those used phones because they're going overseas or um you know they're going to shops and and people are selling them and then selling them back on the street whatever it is they're doing but once that goes down i mean it's a catastrophic uh effect because it's i mean it's hitting basically everybody and unfortunately uh i got caught with my pants down with quite a few um i wasn't expecting it you know i have healthy margins like you were talking about and my focus honestly for the last little while has been getting this podcast going it's been getting um you know the the growth in my group and uh getting content out and teaching myself how to do all this stuff and so you know my ads are still going my networking is still going so i'm still buying phones like crazy and i'm just like you know i'm stacking them up over here i'll send them out when i can send them out you know i'm still selling some stuff locally that's unlocked and then you wake up and it's looking like the crypto market where yep you were doing really good and then you're looking at prices and you're like what what's going on here what's going on with these prices and then and then you start looking at all your phones and all your prices and you're like man i like i already get this stuff sent out because at this moment i may break even and by the time it gets to a direct buyer i may be in the hole and so now we're playing this game of do you sell do you hold um and you know so i what i did was i held for a couple more days through the weekend to see if there was any progress at all um i didn't see any progress i haven't heard any progress so i went ahead and and basically dumped my current batch that i have and now i'm going to adjust my prices going further um so yeah i want to talk about you know where you're at with with how many phones you're sitting on and what your money situation looks like because i mean i'm not asking about your money but no no it's it's cool obviously but you know on on my scale versus your scale i'm sure is is a huge difference a very huge difference um like i said uh it's hard to predict when these things go down and usually arson if it goes down for a day or two and it goes back up right away it's a good sign but if it's going for a week two weeks it's not a good looking thing and it couldn't go to a month maybe two months you just hope it doesn't get to that point for a lot a lot of you guys do because i mean you're you gotta negotiate on the streets and you can't be offering ridiculous numbers and they look at you and like you're some kind of [ __ ] you know they don't yeah they don't know about rsm they don't and they think what's this guy offering you know what i'm saying so it's it's a rough situation but for us direct buyers like you said a lot of direct buyers out there you'll see paws on the on their sheets not buying paws paws paws paws most of those guys maybe already got just a boat little locked and they got they're totally screwed right now you know because they don't want to keep buying buying buying so with us we got lucky we didn't we weren't on too many locked um we had more unlocked and locked and we got we got rid of a lot of locked right before it happened thank god but um yeah it's it's a bad situation because think about it you know if you you got you got 40 000 worth of stock and you're losing a hundred dollars per piece you know that's a huge loss and a lot of these direct buyers they gotta you know just just hold on to it and hold on to but i mean you got your different levels direct buyers but you got to keep that money flowing you got to keep it out to your guys you got to ship it out ship it out ship it out but uh yeah the rsm even for local people um local flippers stores and stuff they a lot of their income they rely on that and a lot of people like the rsm because they can't afford a straight up unlocked device right so for the middle class a lower class person arson works perfect for them so yeah and of course these big corporations want to get rid of the artists and they're trying to pat you know block it blocking market so but um it's a cell phone market is it's it's the most weirdest thing it's the it's the most enjoyment you can get but also the most headache as possible it's a weird thing um well and that's what i wanted to that's kind of wanted what i wanted to touch on was some of these new guys may be watching this or listening to this and they're trying to figure out man like i'm sitting on these phones do i hold them do i sell them and i mean you just you really don't know for sure but like you said history history shows that if it goes down it doesn't come back up it might be a while yeah so you got to start thinking about do you hold and hope they come back up um and you know you or how much capital do you have to work with in the meantime are you unable to buy anything from here on out um or do you hold it and and it eventually comes back up but it's been so long that prices have dropped anyway and so you're still you know you've just been sitting on that for all this time yes it's tough especially for newbie like it really depends on your bank roll like if you go on to devices hold on to devices but uh you know i mean a lot of street flippers um i mean it's they're they're amazing guys i mean there's a ton of amazing guys in the groups you know everyone i talk to is amazing um i enjoy talking to every one of them really um but yeah it just really depends on your your what you have you know money-wise but i even if you're taking a loss i just get rid of them it just happens that way i mean sometimes you have to take a loss in the market i mean yeah we take losses i know it hurts but i'd rather take a little bit of a loss and maybe even further loss because who knows but it really just depends on your bankroll but again you know you can always focus on other things like you run facebook ads focus on macbooks run macbook ads run ipad ads i know there's peop a lot of people just think phones all the time sometimes you need to be diverse and just focus right on macbooks just do straight macbook ads um it takes a little bit of time to learn how to look two macbooks there's a lot of people you know they're kind of kind of iffy about it but then there's youtube tutorials there's courses there's everything i mean you know you got you got smart guys just like you just teaching people what to do um they just just educate yourself there's there's education out there everywhere learn how to use mac macbooks are very very good profit um yeah i love macbooks especially especially macbooks that you know one of my biggest profit margin items is when somebody says hey i got this macbook you know it needs an operating system or i tried to i tried to wipe it and now it just won't come back up and so i actually you know i keep a couple different thumb drives with different uh you know versions of the operating system through the years depending on what year i'm working on yeah and almost every single time that it's some kind of operating uh issue operating system issue i can pop that thing in and boot from it and boot it straight up and then update it update it through apple over the internet and it's done like you can i literally buy macbooks for you know a hundred dollars or 120 bucks and then put a new operating system on it and then turn around and sell it for six seven hundred bucks and a lot of those a lot of those could be so local i mean a lot of these sellers yeah i always sell macbooks local yeah i sell macbooks local i sell ipads local watches i hate watches but god i hate the watches i hate watches too man they have good margin if you know what you're doing as long as they're not red again they're red watches away or blue or blue man they don't sell either yeah um the best luck we've had too is well of course we do b2b as well we sell to uh you know a lot of outlets out there um but swap is amazing for watches i mean i do very well um swap and stuff there's outlets for everything out there but again you got to be diverse in this market you got to have multiple streams because like so even with the arsenal going down you know just gotta turn your focus to other things you know a lot of these guys are awesome repair shops and they got rip you know make that money for repair of course with the economy right now and inflation and and last last thing people want to do is spend money repairing a phone so um it's just a tough time for everyone right now and then they get smacked with rsim it's it's a tough situation um so a lot of newbies that are jumping into this now it's just it's not the best time but just hold in there learn the situations learn you know educate yourself you know take your time you know uh and just even when you're negotiating with people just have to like okay for me personally when i'm doing this locked issues right now and i'm doing a negotiation when you're usually buying finance devices you got to try to look at them say hey you know what ma'am sir this device is financed it's only good for parts parts on my end that's it and you're not going to pay it off you're not going to pay it off it's going to be blocked it will not be usable a lot of people don't know that you know they think so i i could use lcd i could use the microphone i'll give you a hundred bucks for it you know and you know hopefully you don't shop around anywhere else but yeah i mean instead of acting like a more like i'll give you a hundred bucks for this you know kind of explain to them you know what you're gonna do with the device even though you might not do that with the device you know but yeah yeah little tips you know well and and that's the thing though is while while you may not be buying it four parts when it comes down to it a month from now a week from now three days from now because we i don't know what this person's gonna do i don't know if they're gonna call it in lost or stolen i don't know what they're gonna do so i may buy you know this thing right now and it'd be good and then four days from now it'd be a parts only phone so that's the way i look at it with finance devices is i mean that's what i tell people they're part phones anyway because realistically i don't know if the phone's going to be good a week from now anyways exactly but you know another thing like you were talking about uh with diversifying a little bit you know even if you don't want to dabble in ipads or macbooks or stuff like that is like this phone right here 11 promax it's unlocked but screen if you can see that screen trash i'm saying but you know when it comes down to it this phone will still sell locally i've listed phones like this that are busted crack backs whatever and people still buy them locally it's it's they still want a nice crazy they still want to know no matter what they want a big nice fancy iphone and they can be like oh yeah i got this you know 12 pro max i dropped it and cracked the screen but it's 12 pro max you know especially the back crack on the crack back if you just cover with the case they don't care you know so yeah but like you know also maybe learn how to do some repairs you know what i mean especially if you're slowing your marketing down um because you know capital is an issue because you're holding phones or um you know prices are trash right now on finance devices um you know you got a little bit more time maybe you can teach yourself how to do a couple repairs and then so this 80 phone ends up being a 450 dollar phone because you threw a screen on it you know what i mean and like i said it all comes down to education there's websites i think i fixed it or something but there's all these websites you could just go to and they'll give you step by step by step how to replace a screen how to you know fix a tactic i mean you could make 80 bucks fixing a tactic i mean just pop the screen over and you just you know tighten a little bit and you know then it's not buzzing anymore and people are like why don't we take 10 minutes so my favorite my favorite repair of all time and i do this all the time um actually i got an excess max over here right now yeah that that is unlocked it's good condition but they said you couldn't hear out of it they just they it got to the point where it was so buzzy in the ear you couldn't hear anything all turned all the way up you can't hear nothing and so i i think i paid like 100 bucks for it you know because when it comes down to it if the speaker is in fact bad i'm gonna lose face id you know what i mean in the repair and so i gotta account for that but nine times out of ten i take that thing i bring it here i have one of those like four dollar kids vibrating toothbrushes yeah i turn it up i stick it in there i go right like this back and forth a little bit there you go and i make a call with it and almost every time it fixes the phone so it's perfect you know it just it takes that gunk and stuff out of there so it's little things like that that um can really start adding up and stacking up and giving you different avenues to be able to you know make some money even in a down market because i mean it does it sucks right now but if i was you and i was holding phones i mean for me personally i would probably go ahead and get rid of them get what you can get out of them and then start adjusting your prices accordingly no i mean i mean this could be down another three or four months and that was my next question was you know you've got um a network obviously overseas and and and who all knows where but have you heard any rumors any progress good or bad um towards a fix no we talked to a few people um and we have they're they're they know as much as we know it's just it's it's in it's a dark tunnel right now so um i wish i had some good news for a lot of people but um that's why the focus is to diversify yourself i mean like you said a lot of this is a side hustle for a lot of guys but a lot of this is a full-time gig and for guys who are doing this for a full-time gig it's definitely you know it's hard it's gonna hurt yeah it's gonna hurt that's why that's why it's always important to put a little bit aside i've always been the guy to put 20 30 bucks pack back per profit a phone and just have it back because times like this happen you know all of a sudden like you you start phone flipping i mean i made you know 4 000 this week i made you know 10 000 for the month don't blow it all right away don't blow it i'm telling you put something aside i know people like i gotta go buy this guy go buy that i i got that way too when i first started i'm like wow man i was making 500 bucks a week now i'm making you know three four five thousand you know so you want to go out and buy clothes you want to go out this car and just listen from i'm 40 years old i've been through a little bit put some aside for the newbies put it aside you'll be so happy later on i'm telling you just uh prepare yourself you know yeah well and then another thing too is i haven't heard anybody talking about this but it's been something i've been thinking about is we're coming up getting close to the release of the 14. yeah the fourth yeah yeah four models you know that that july august area you know prices start kind of getting weird anyway and then once the release happens of the 14 they go all over the place and then they you know they it takes a little bit to stabilize again and so we've we've really got two options here that or two possibilities that could happen is you know our sim could come back up tomorrow and we should stabilize before we get to the 14. or it doesn't come back until we get actually closer to august and so you you are going to have some people that's holding a bunch of stock that are going to try to dump it and then y'all's prices are going to go crazy again yeah because then you've got supply issues yeah there's too much too much stock right and so that's going to affect prices and then we're going to get the 14 release which is going to jack up all the prices and and make them all crazy as well so it's i mean it's going to be an interesting couple of months i think um if it doesn't come back in the next week or two i think it's going to be an interesting rest of the year yeah i think it's going to be an interesting rest of the year yeah i mean theoretically june july is slow every year no matter what even if our sum is done or not usually those slow months you know get ready to go into quarter four um but with i'm telling you though with inflation at all-time highs you know gas ridiculous you know i don't know how we're going to perceive on buying the iphone 14 models i mean i don't know a lot of people are going to be attacking the 14s like unless there's something totally different you know that's mind-blowing to the apple fans out there that like i want to go i don't care i mean they're they're still going to buy it every year anyway they do they do but times are a little bit different than they were two or three years ago so yeah but again yeah i don't know that's just my opinion but um i think people are a little more fickle with their money now but who knows i mean if i had 13 pro max and i'd be like i'm cool with this but like everyone sometimes you got to have a new phone every year and i don't blame them i mean that's what they that's what they're into so but me i could go three or four years with the same phone so even though i deal with phones all the time i give you upgrading but i just you know i get comfortable with the phone i don't want to switch all my stuff in and out of phones constantly so well the funny thing is you don't even use an iphone do you no i'm a samsung guys i'm a samsung guy for phones but i love the macs for the computers and stuff so right that's what i think is funny but like i said i was talking earlier i wouldn't be surprised if elon comes out with a cell phone here soon anyway so a solar powered you know tesla cell you know so who knows he might blow apple all the water eventually yeah who knows i mean you just you just never know and that's another cool thing about um this business is you know now we're starting to see some leaks of the 14 and so it looks like there's not going to be a mini but it looks like there's going to be a non-pro max um so i mean that's going to be interesting as well to see you know the differences and then we're going to have to have prices for those as well and so it's going to be fun especially because that's going to be a brand new phone that we haven't had in a couple generations and so it's like what is that even going to go for how is it going to sell on a used market that's right and you know that's gonna take some time to shake out as well you know that's gonna be fun i mean like you say you can't you can't i mean thank god i mean apple coming out every year it keeps us you know flowing it keeps the you know the guys on the streets buying you know you can't beat it but like i said um i just hope i hope this fourth quarter is as strong as it's you know has it's been lately so um i know a lot of guys need it so yeah because i know there's so many guys these groups are so awesome um i talked to a lot of them and um at old repair shops and i even see in the groups like oh man has your shots been slow have has just been slow like asking questions and a lot of people yeah it's been slow it's been you know it's a lot of people are struggling so i mean i hope the fourth quarter here helps a lot of people out so yeah you know i don't think i've ever asked you this question yeah but uh so did you start out in the street or did you go straight into direct buying or like yeah you said you've been in it for 10 years so you started at what like you know phones were still hooked to the wall or they were the size of duffel bags the razor flips yeah yeah um gosh yeah no i started with craigslist that was my thing back then but i i learned on youtube way early was it 2008 nine his name was money man mike and he said flip phones you make some money i'm like man i never thought of that flip phones make money and this was when the you know htc phones were out and you know still got evos and and this and that i'm aging myself but uh i'm kind of kicking myself you're saying those and i'm like man i had one of those i had one of those right i think a lot of people listen to this a little bit i remember those but uh i kicked myself thinking why didn't i buy a few of those and just kept in the box sealed like you know nintendo games now like i see all original iphones going for thirty thousand dollars by collectors but uh yeah no i just hit i hit craigslist back then craigslist was popular and uh i did i i covered all the tampa bay area really um for a while um yeah man i'd be working for fedex at the time and i'd be in the middle of my fedex route i'd have some you know person text me i got this this this and i'd jump off my route and go pick up a phone you know i never got caught but um yeah i'd pick up on the side and still deliver packages all day so that was the greatest part about it but uh i did i did very well at the time so do you do you still buy any off the street or you straight mail in now straight mailings now i mean personally i i love it because i mean we you know i give you guys a lot of credit there's a lot of dangerous things you've grown into um i've done it i've got arrested i've i've been robbed um you know crazy situations you know i mean i go tell long stories i go long stories about stuff right but uh yeah i've been through the whole nine you know i mean i i made the mistakes i've met people at their homes i've but again you know sometimes the money is just like wow i can make 200 bucks but don't i got very lucky i mean just don't risk yourself like i said all the newbies i mean people here just just meet safe locations please meet safe locations i've heard of people getting shot you know it's not good um yeah just just be very safe i know the money can be very tempting but um don't meet at 10 p.m at houses at night or you know in a parking lot that's empty yeah so um but yeah i just yeah i went i was street flipping then moved into that aspect you know so but um it's a lot safer now yeah and if you're uh watching on youtube i'll throw a video up somewhere right here i actually did a video about being able to flip phones safely and all those things that you know the different various check boxes and stuff that you need to check uh just to make sure people are legit and make sure you're meeting at a safe place things to do things not to do so i'll put that in there somewhere so you can see that and watch that but because a lot of new flippers they don't understand that a lot of people who are selling their phone to you or maybe in financial straights you know um you just never know a little bit sketchy a little bit you know they need that money you just you never know you're dealing with thousand dollar devices i mean you know you they can hand the phone to you then also they pull a gun uh you know give me that give they give you the cat you give them the cash then they want that phone back so just always keep your eyes on this you know 360 swivel and just be safe out there but yeah yeah it's wild all right so um you know let's let's uh i want to make sure that everybody leaves with some kind of just really good actionable tip from you know your 10 years of experience uh you know aside i know you just went over some safety stuff oh no that's cool and stuff like that but you know we we talked a little bit about diversifying and stuff like that but uh you know maybe on um some negotiating or or something like that maybe you can just drop a little gem for them well on negotiations i've noticed a lot of people who knew that's the hardest part in the job is negotiations and and what i always do is like say okay someone goes hey i have an iphone 11 pro max whitehead offer and i'm like most time i was like well what are you looking to get for it i always try to put the ball in their court because like i could have been offered 500 for it but they say i'll take 300. you know so you make that extra extra bonus um that's one tip for negotiations i always try to put the ball in their court you know even though you're just like contact me now for a free quote you know right just just kind of try to throw the uno reverse card on them and if they don't let they go well you're the professional let me know then okay but it doesn't hurt to try to have them you know kind of trip over themselves you know what i'm saying um and i think i'm sorry good no i made a lot of money over the time just putting the ball in their court and like all right you want 300 for a 600 device sure no problem you know right so well and i think that's where you know i tell people regularly to you need to be profiling the people that you're talking to yes i know it's bad but you know people think it's a bad thing i mean it's it's bad but i will i'll look at their profile and i think that if they're going to be a person that i think will throw out a number because that's what they need for their car note or that's what they need for their power bill or whatever and they'll throw that number out and i think that that's the kind of person they are then i'll i'll do what you said was you know hey you know what are you looking to get but if it's somebody that i think you know he's probably not going to do that then you know i'll just offer

you know but i also too um i always keep notes on people because man it's isn't it just you know the worst feeling in the world and you're like you know um you know i'll do 300 on and they're like oh yes okay cool uh when can you meet and it's like dang i should have went for 200 or 250. and so i'll put a little note uh on for their profile like in my business suite and stuff it's like hey jumped on first offer that way when they come back i'm gonna hit them lower uh to see if i can force them to negotiate or see if they take that offer as well you know what i mean that's a that's a tip that you can do for uh you know your repeat customers that's a great tip man because a lot of people don't think about repeats they just think about that i got that sale i got that by you know right away it's it's hey it's nice to take the time to like i said organize yourself and a lot of people lack those organizations organization skills i'm one of them i mean i try to be organized as possible but you all do but yeah i mean there's only so many hours of the day yeah especially you got kids you got family you got to deal with you know and those eight hours go by fast you know and uh but uh yeah like i said negotiations are key really those are the key once you get those down it usually comes pretty easily and and don't be too pushy but be aggressive and say you know i can meet you now you know let's get this deal done um you know let's what what what will make you happy you know i'm saying you know just even if it's even if you're making fifty dollars on the phone you're making fifty dollars it depends on your bank roll you know what i'm saying don't pass on a fifty dollar profit i don't don't do it you know one thing i tell people and sometimes i even have to remind myself you know is you know i doubt that you left a job as a lawyer to do this yeah you know because because most people this is a side hustle for you know what i mean or a lot of people it's a side hustle for so think about the job that you currently have or maybe the job that you left you know i'm saying like like you used to go right on the back of a trash truck for 10 bucks an hour and so you would take you five hours to make 50 bucks and then taxes were taken off of that so you know can you drive 20 minutes to go make 50 bucks i mean really yeah you can't drive 20 minutes go make 50 bucks or 60 bucks or whatever it is or you know uh i drove for uber for a little bit before i kind of got rolling really well in this business and that was one thing was man i used to drive you know this many miles all the way to the other side of town pick up some stranger that was drunk at like 1am and then drive him to the complete other side of town and you know for like like nine dollars and you know it's a huge perspective when you look at that and so if you look at it that way and you know that's going to be a perspective that somebody's going to have to start looking at especially with these prices until our sim comes up is you know you're you're going to have to piss some people off with your offers but at the same time if you want to survive if you want to if you want to keep beating your competition you may have to start whittling down some of your uh profit so you can stay in the game you know what i mean that's right and like i said a lot of cities have competition everyone thinks oh there's too much too many phone buyers in my area well outwork them out work your competition you have to outwork your competition because anything in life if you don't work hard enough for it it's not going to come so you know just just you know up and downs you know this business is wishy-washy sometimes but just you know wake up early you know you know hit those people up you know even though you're doing facebook ads you know it doesn't hurt to scan the marketplace it doesn't hurt to scan offroad i'm going to marketplace all the time it doesn't mean i find deals all the time yes because a lot of people don't you know find you on facebook ads i mean they don't i mean you know you're missing maybe two or four maybe two or five deals a week that you're not searching for i mean if you're searching for them you get those two to extra two to five deals and that's an extra could be an extra five about 600 bucks that's where you're looking so just outwork your competition that's that's really what it comes down to you know well and while we're on the topic of competition and you know people complain you know there's too much competition like you said right now with our sim down at t yeah you know we we've heard that that's going down today as well um you know we don't know how long that'll be down but this is i mean this is the fine line where the competition is split between the boys and the men that's right and you know you're either gonna stay in the game during this time or you're not and so is your competition you know this is this is the time that if you're trying to set yourself apart and you're wanting to stay in the game for the long long uh you know the long time um now's the time to outwork your competition because that's right you know depending on what your capital is your bankroll is you don't know what theirs is as well and this will be the time that people get squeezed out of this this uh this business so do what you need to do stay in it and then whenever we're on the other side of this then you got less competition to worry about then you can start ramping your profits back up that's right and one more tip i want to give out to a lot of people is always be punctual and and be quick to reply yeah quick replies have brought me so much business over my other competition of direct buyers yeah even though they might be paying a tiny bit more you know sometimes you know lock prices right now sucks you know but yeah um me being a direct buyer if anyone ever wants to get a hold of me you know look me up on facebook um you know we are very responsive and we pay quick that's that's the key a lot of these guys you know you got to keep money flowing especially if margins are tight you need the money to keep flowing so even when you're trying to meet a customer always be quick i'm telling you you'll make so many more deals that way and uh you know be punctual and be respectful no matter if they tell you some to go f off or or this or that you know because your offer is too crazy just just kill them a kindness you know and just you know be a professional so yeah and you know i've done tons of deals with ray has been a lot of money exchanged uh multiple deals and uh everything's always went super well i mean he's always had um great communication um you know he doesn't hammer me with with just stupid deductions like some other buyers have um so if you are looking for a buyer you know check rey out ray if you want me to i can probably drop like a like a link to your facebook yeah that'd be great something like that in the show notes or um youtube description wherever it is you're watching or listening to this you know i can drop your whatsapp number or something like that in there so people can reach out to you that'd be great yes i appreciate that yeah my what's that number um i can give that now if someone wants to write it down um it's 727 729 eight that's my whatsapp number plus one so he'll drop it down the bottom anyways thanks justin i appreciate it yeah but yeah feel free to reach out to me guys i can get you a list um you know like i said if the prices don't work for you that's cool but at least we could uh establish a relationship and um like you said i'm here to help so you know he's always quick that's that's the biggest thing with ray is man he just he's quick and not just uh not just in messaging but like facebook groups comments answering questions and just helping people out i mean it's just always i try to do because i mean i i i like that you know yeah i appreciate that man and like i said i i was new once myself knew a newbie and you know this is a crazy market where you a lot of people need a lot of help so um you know i try to be helpful when i can you know and uh and yeah just we all want to make money we're all here to help each other out you know if street flippers need direct buyers direct buyers need um other higher up buyers and it's it's it's a cycle that you know it's but we all help each other out and that's the key even even our competition we help each other you know if if someone's looking for a certain device we let somebody else know about it you know what i'm saying it's it's one big family really um i i don't really have any enemies you know even other direct buyers we all try to help each other out so it's it's there's plenty of pie to go around so yeah that's good yeah i like that plenty of plenty of pie leave it for you to bring up food hey i'm almost 300 bro i hear you i love my food man german here bro well before you go yeah i gotta we we gotta do the dad joke oh man every interview so i hope that you prepared and i hope you brought us a good one all right well this is this this is pretty lame but we'll go with it hey that's that's what dad jokes are that's why they're hilarious what the baby corn say to the mama corn

don't know where's popcorn

all right there we go oh yeah yeah i hope you guys i hope you all listen the whole way through to hear that yeah if you didn't you're missing out but yeah that's it that's awesome amanda i do i do greatly appreciate you coming on and giving us some of that insight i think that's going to clear up a lot of confusion especially for the newer people i want to stress yeah yeah well things will work out things will work their way out um just just be smart with your money and you know and like i said take the smaller margins don't don't turn them down yeah i mean don't turn down yeah well i do appreciate coming on giving us some clarity on you know the market and exactly why it's messed up due to rcm and how that affects everything down the line and i think that'll answer a lot of questions so i do appreciate your time yeah brother and like i said um justin you're doing amazing bro this podcast is going to take off a lot of people are loving it um the inside information is great um yeah guys keep watching justin he's he's a star in the making guys so uh i really appreciate your time and let me come on with you bro and um i like it's been amazing watching you grow so uh you know keep doing your thing man i appreciate it and uh yeah you know at some other point i want to probably try to get you back on because i'd like to do i'd kind of like to do um you know like a like a behind-the-scenes uh kind of thing for direct buyers because i think a lot of people especially new people don't really understand what a direct buyer is and exactly kind of how your operation works i'd like to have you on in a in a future episode so we can kind of break down exactly uh but not exactly your process but no you know just kind of kind of get a bird's eye view of of what the process looks like and what it entails because what i would really like to do is um if we can kind of keep getting these people on here from different niches to where we can see what we could do in our business to help out each other and make things go smoother make more money and just make everybody more happy you know what i mean yeah definitely and a lot of people don't know the direct buying process and and the amount of funds we get in grade wise a b c d you know and and the stress it is i i personally hate deducting i hate it i hate when someone sends an a-grade phone and there's some scratch around the the charging port yeah people a lot of you guys don't understand that the guys we sell to are super picky you know so you know when we have to deduct they're like oh man you gotta deduct this it looks great but they don't and it does look great and that's the thing and it does it work on the street software and a great but these guys are taking it looks amazing because they're paying buckle bucks for the device so that it needs to be you know what i'm saying so exactly yeah a lot of people a lot of street folks don't understand that sideways i always look at a jackass i'm sorry you know trying to you know deduct constantly bro so i don't constantly but i hate letting people know it's just it's just me personally but um that's what uh that's what i would like to have you on for so we can kind of discuss some of that and kind of you know get it out there in the air so that people are like well you know now that makes now that scratch that little bitty scratch that makes sense it makes sense so i see that so all right man i appreciate it and uh yeah we'll we'll talk some more later i i really do appreciate you coming on dude i absolutely man it's been fun i appreciate josh i'll talk to you later bro ah later later

Ep. 6 - Is Buying Carrier Locked Phones Dead?

Two Step