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Updated about 4 years ago,
Most wholesalers hardly ever have accurate info!
After working in this business for 20 years, retailing and wholesaling properties, when dealing with other wholesalers, I realize the number one thing that a lot have in common is that they don't have a sound system in place and do not care about clients-retention. Most wing it, do not have accurate values, accurate rehab quotes, do not hold the contract ownership, and usually have another third or fourth party as the actual owner of the "assignment of contract." To top it all off, they exaggerate the deal's value and hardly ever worry about the consumer. When wholesalers take customer service seriously, they get a lot of repeat business (faster money for less work). And this will become super handy when the usual easy deals dry up, and you have to shift to selling more exotic RE products like "nonperforming" notes, syndications, working short sales, to mention a few...
Why does it matter? "you asked," because you will have fans instead of clients, that will be willing to take a chance with you on your next strategy.
- Jorge Vazquez