Who actually buys and sells what they say

[Ozzy Smith]

So I want to throw something out there to see if it's just me or if anyone else notices the same thing.  I see posts all the time where people are hating on wholesalers that tie up a property and then never close because they can't find an end buyer.  I also notice that there are TONS of supposed cash buyers looking for deals that can't find them.  How many of you have been contacted either by phone, email, or even on BP from someone that says they want you to send them your list that never buy anything?

Maybe they do buy 1 or 2 but then all of a sudden the funds dry up and they can't actually buy the volume that they said they could?  This gives wholesalers and especially Newbie's a lot of false hope and perpetuates the problem.  So the question is who is really to blame?

How many times have you experienced this?  I understand that it goes both ways... many times the wholesaler DOES contract a bad deal that doesn't deserve to be bought.  Many times however the wholesaler is given a list of criteria that the "Buyer" wants so he puts it under contract and then can't move it to no fault of his/her own.  What about the other side?  Have you given your criteria to a wholesaler that says "sure I can get you lots of those" and then can't fill the order?

I'm an investor and a wholesaler so I've seen both sides.  I work in Dayton, Cincinnati, and Cleveland Ohio markets which get plenty of publicity on BP and has plenty of deals to be had and plenty of investors that operate in these markets.  I think there is more to the problem than the deal.... I think it is more of an integrity issue and people doing what they say they will.

OPEN FOR DISCUSSION - WHAT'S YOUR THOUGHTS OR EXPERIENCE WITH THIS?