In the temple of NOD: Is a nod list a good place to start birddogging / wholesaling?

[Kevin Cardinale]

Is a NOD list a good place to start birddogging / wholesaling?

A friend of mine suggested I befriend one of those unsavory title companies, the ones that don't care, and ask them to put me on the list to be emailed the NOD list.

When I saw the old one he had, I almost fell out of my chair. It had everything I need. Or, so I figured.

As soon as he saw my overjoyed look, he made sure to burst my bubble. "Every realtor on the planet is going to get this and look at this, so don't get happy." Even with me assuring him that all I had to do was call up the owner and make sure he was breathing and hence call my investor and give him the great news, thereby getting my huge birddog fee, he shook his head.

"You need to physically go and get the deal for your investor. You want to get paid don't you?" he said.

I tried to explain to him how birddoging is only making sure the owner is alive and well, and that going through the tremendous trouble of doing everything but schmoozing the owner and pulling out a contract on the spot, would be tantamount to wholesaling.

Can you believe he said "you want to be assured you're getting paid, and that the owner contracts with your guy."

So the question is, is my friend right? Do I really have to go through all of that trouble, just to birddog? Is the NOD list, not the be all end all of real estate investor info? Also, will I really be competing with every realtor under the sun?

It seems that all the effort would be better served to come to the house with a contract already drawn up and make my offer right on the doorstep. :cry: