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Updated over 10 years ago,
Buyer's Questioning Wholesale Process
Hello All,
I have been running into problems lately with potential buyer's questioning my ability to sell a property I don't own. I try to graciously tell the buyer that I control the property on paper and a professional title company will handle the transaction. I also encourage them to consult with an attorney if needed. This doesn't seem to be good enough for some. I refrain from getting into a detailed explanation of the wholesaling process for obvious reasons. I could show the buyer the contract I have with the owner but I am reluctant because it could be used for leverage when negotiating price.
I was hoping to get some suggestions on how to deal with this issue. What do you tell your buyers who question your legitimacy? Thank you!