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Updated 10 days ago, 12/18/2024
First Land Wholesale
I just did my first land deal, went to the builder for advice due to not understanding the process and how to price in that area. He helped me out, made an offer & we had it locked up in 2 days, closed in 3 weeks. He messaged me 3 days after close telling me the parcel is not what he thought, and the land is locked. His assistant called me today & at first, we had a decent conversation which switched quickly when I mentioned the negligence on their end. she asked if can & i also offered to then try to resell it for them then she got demanding on what I "WILL" do. I work with integrity and never would have this mistake when it comes to actual properties. I had/have no issue trying to resell the land just not sure how to promote land unbuildable especially with the expectations & price the buyer FIRMLY wants.
Any advice would be very appreciated, thank you all in advance.