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Updated over 10 years ago,
how to make multiple offers
I'm just starting out as a wholesaler and have made just one offer to a couple different sellers. None have panned out. The sellers would just say they would think about it and never get back to me.
I have read that giving people options (making more than one offer) is the best way to make them agree to a decision and close on a deal. HOW do i do that as a wholesaler? For example.... a couple days ago i was talking to a seller in front of his property after inspecting it, i made my offer
ARV: $115-120k (he wanted $75k)
Repair cost: $15-20k
Nothing was owned on property other than $17k HELOC
My initial offer was $55k, he said $65, i countered with $58. Then we agreed on $61k, but he need to talk to his brother, cause they were both on title. He never called back.
Maybe if i made more than just one offer, gave him an option. He would have been more inclined to make a more confident decision and close. This type of thing has happened with my last two seller's i've talk to.
What am i doing wrong? How can i fix this?