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Updated almost 3 years ago on . Most recent reply
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First come first served vs bidding wars?
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
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Bruce Woodruff
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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.....