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Updated almost 9 years ago on . Most recent reply

User Stats

23
Posts
11
Votes
Kenny Breeze
  • Wholesaler
  • Cuxhaven, Germany
11
Votes |
23
Posts

Make an offer before analysing?

Kenny Breeze
  • Wholesaler
  • Cuxhaven, Germany
Posted

What's up guys, got a question for you. Let's say your a wholesaler and you did a direct mail campaign. You get a call from Jim a distressed owner and you ask questions about the property. Let's say the deal sounds interesting, so my question is should i make an offer on the phone before even estimating anything and send him a contract so you "secure the deal" or should I tell him i'll call you in 3 days after i've analysed the deal fully and then send him a contract when i've run the numbers?

Most Popular Reply

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13,420
Posts
19,460
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Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
19,460
Votes |
13,420
Posts
Joe Villeneuve
#5 All Forums Contributor
  • Plymouth, MI
Replied

NO.  How do you know what to offer, if you haven't analyzed the property?

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