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Updated over 9 years ago,
Where to leave things with unmotivated sellers
I just got off the phone with a couple of prospective sellers who called in response to my direct mail piece. I'm looking to wholesale.
I know they're not motivated. One already has two of his 4 properties listed with a broker. The other is just calling to see what I would offer but his valuation of the property is too high. (I'm still inclined to see #2's property to give him what would be a reasonable offer for my purposes.)
Chances are that these sellers will never be motivated, but I also know they own multiple properties and may have friends with properties. When you know that you can't make a deal work, how do you wrap up the interaction and preserve the relationship? Do you make your offer and, once rejected, let the seller know to contact you if he changes his mind or knows of anyone who needs a quick cash offer?
I'm looking to the collective wisdom of BP. Thanks in advance for your advice.