Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 3 years ago on . Most recent reply

User Stats

15
Posts
7
Votes
Meredith Von Kleydorff
  • Real Estate Agent
  • Atlanta, GA
7
Votes |
15
Posts

First come first served vs bidding wars?

Meredith Von Kleydorff
  • Real Estate Agent
  • Atlanta, GA
Posted

I wanted to get some investor insight on which is more preferable when purchasing a wholesale property. Feedback appreciated. 

Would you prefer to be able to offer as high as you want to pay to get the property 

OR 

Have a fixed price where the first investor to move on the deal gets it for the price it is offered for

Most Popular Reply

User Stats

11,785
Posts
13,739
Votes
Bruce Woodruff
#3 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
13,739
Votes |
11,785
Posts
Bruce Woodruff
#3 All Forums Contributor
  • Contractor/Investor/Consultant
  • West Valley Phoenix
Replied

I'm not in the wholesaling biz, but the first come concept seems better rather than inviting bidding wars. That just leads to hard feelings IMO. Might be better business but there are other things to consider.....

Loading replies...