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Updated over 3 years ago on . Most recent reply
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what do you hate about wholesalers?
This is a question that has been on my mind a lot lately, What to buyers/investors hate the most about wholesalers? Why do wholesalers have a bad name? Are all wholesalers cast in a negative light? Lets hear it from the buyers and investors alike what don't you like about wholesalers and what is your past experience with wholesalers?
Most Popular Reply
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- Real Estate Consultant
- Mendham, NJ
- 7,583
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Let's say 10 percent of wholesalers are good at their job. Those ones I absolutely love. The other 90 percent? Here are my gripes:
- Every single time ARV way too high and using the wrong comps AND reno budget way too low
- Blasting every deal out to everyone so you show up and it is a cattle call of unverified investors muddying the waters
- Not informing the seller about the assignment
- Wholesaling without money of their own or money backing making only an assignment viable for the seller to have success
- Telling you about a property they don't yet have under contract, but say they do
- Not providing full photos of the things wrong with the property, good wholesalers take pics of the worst things so we know
- Offering you a deal, then it's gone. Then two days later, they want you to do the deal again, but only in the next hour. YAWN.
- Jonathan Greene
- [email protected]
- Podcast Guest on Show #667
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