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Updated over 8 years ago,
"Piggy" Wholesalers
I've seen WAY too many deals advertised as wholesale that simply are not. I'm in the Phoenix-Metro market, and as a longtime resident who's had a career in outside sales spanning 15+ years, I've seen every nook of the metro area and NoAZ and I'll put this forward: I'd advise taking a good look at any and all comps offered you by 'wholesalers' with more than a grain of salt. I'm seeing wholesalers offer "deals" at what conservatively would be 85 and upwards of 95% ARV with even he most aggressive estimates, and using comps from unlike properties to justify it. If you're newer to Phoenix/Scottsdale/Metro, understand that there are many, many pockets of brick near stucco, old near new, and different personalities of our wonderfully disjointed city sometimes right across the street. Just a heads up! Take a physical drive whenever possible. I've had folks ask for earnest many to simply VIEW a place in person.