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Updated 2 days ago, 12/21/2024

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7
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Wholesaling Advice Needed: Navigating Buyer Recommendations

Jevani P. Barron
Posted

Hi BP community,

I’m relatively new to wholesaling and currently have two properties under contract with the owner. Both properties are located on the east side of Houston and present solid investment opportunities. I’ve already found some potential buyers interested in the deals.

However, one buyer has recommended that I terminate my contracts with the owner and instead work directly with them. They’ve offered to pay me a fee if I go this route. While the offer sounds tempting, I want to ensure I capitalize on these contracts fairly and effectively.

Here are my main questions:

Should I entertain the idea of terminating my current contracts, or is it better to stick to my original wholesale plan?

What strategies or precautions can I take to protect myself and ensure I maximize the value of these deals?

Are there any red flags I should watch out for when dealing with buyers who propose alternative arrangements like this?

I want to make the best decision while honoring my agreements and maintaining professional integrity in this deal. Any advice or lessons learned from more experienced wholesalers would be greatly appreciated.

Thanks in advance for your help!

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