New Policy Idea: BiggerPockets to Send Wholesalers a $125 Bill For Every Solicitation

[Scott Trench]

We are considering a new policy at BiggerPockets and request feedback.

Idea: 

Update our website policy such that "Wholesalers" who break forum rules, solicit members, or submit requests to meet agents using our agent finder will be sent a $125 bill for each infraction. 

This will be baked into our website policy. Once billed, those in violation of the policy won't be able to rejoin BiggerPockets, including prohibition of the use of the agent/lender finder tools, forums, and private messaging system until their bill is paid. 

Our goal with this policy is to accomplish several things: 

- Encourage these "wholesalers" to bless some other real estate investing community with their presence

- Stop the SPAM

- Offset the several hundred thousand dollars per year in costs that spammers, too often "wholesalers" bring to the platform. 

Obviously, legitimate wholesalers, who abide by our forum rules, use the messaging systems appropriately, and do not pretend to be investors when contacting professionals in our network, are welcome and encouraged to carry on.

[JD Martin]

I say we skip the fines and just burn them at the stake, then leave the bodies on pikes as warnings for those to come 🤣🤣🤣