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Updated almost 11 years ago on . Most recent reply

Account Closed
  • Investor
  • Wood Dale, IL
3
Votes |
65
Posts

Multiple offers-no contracts

Account Closed
  • Investor
  • Wood Dale, IL
Posted
My partner and I have made several (at least 10) offers on separate properties in which we believe would be ideal for our buyers. Our process is gathering the ARV and MAYO and beginning our first offer at 80% of MAYO and working our way up to our final offer at 90% of MAYO. We have yet to get an offer accepted. Instinctively, we figure were doing something wrong. Although we remain optimistic believing it's all part of the process. My question is, as wholesalers yourselves, have you experienced the same curvy road to a successful deal?

Most Popular Reply

User Stats

402
Posts
96
Votes
Russell Ponce
  • Investor
  • Santa Rosa, CA
96
Votes |
402
Posts
Russell Ponce
  • Investor
  • Santa Rosa, CA
Replied

It took me a year of marketing to get first property under contract and then 2 more months to close. 10 offers is not that many. Are these listed properties?

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