Getting Phone Calls From "We Buy Houses" People

[Billy Zhao]

I get at least 5 calls a day from people with a heavy foreign accent asking if I am interested in selling one of my investment properties. I am curious if these are newly established wholesalers and what their strategy is. Cause it sure is annoying to receive these calls and they are very opaque about who they are and how to contact them. I literally told them that even though I am not selling, if they are wholesalers they can contact me with their current listings. And yet, not one of them ever called me back as if these call agents are oversea call centers that just read stuff off a script and they don't understand the business model themselves. Or they are just collecting leads like spam email marketing then sell the potential leads to wholesale buyers? Not sure how to deal with these people. 

Your thoughts?