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Updated over 6 years ago on . Most recent reply

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128
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Jeff Johnson
  • Real Estate Investor
  • La Plata, MD
18
Votes |
128
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How many times do you show a property, when wholesaling

Jeff Johnson
  • Real Estate Investor
  • La Plata, MD
Posted

 How many times do you show a property? When you email your buyers list and someone wants to look at the property but they don't by the contract. Then someone else comes and wants to look at it. When is too much that the home owner is going to get annoyed?

Most Popular Reply

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623
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Karen Rittenhouse
  • Flipper/Rehabber
  • Greensboro, NC
615
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Karen Rittenhouse
  • Flipper/Rehabber
  • Greensboro, NC
Replied

@Jeff Johnson To begin with, you mentioned "if they don't buy the contract." To wholesale a property, you must own it. If you're selling the contract, that is an assignment, not a wholesale - they are 2 very different transactions.

At any rate, if the seller is kind enough to let you show the property while they still live in it, pick a day and time that works for them. When a potential buyer (or buyers) call, that's when you schedule any and all appointments. Once a week is plenty to set up showings and to not get on the seller's nerves.

To be a good wholesaler (or assignor), you need a list of people to sell to. You should be attending all local investor meetings to make connections. Find potential buyers everywhere and find out what they want to buy.

If you're negotiating well with the seller, your price to sell will be good enough that it should only take one or two showings to get it sold. If you can't sell quickly to qualified buyers, you're asking too much.

Good luck!

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