Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 10 years ago on . Most recent reply

User Stats

18
Posts
3
Votes
Nicole Diaz
  • Covina, CA
3
Votes |
18
Posts

Wholesaling with RE Agents

Nicole Diaz
  • Covina, CA
Posted

Hello, 

I keep hearing that wholesaling using Agents is unsuccessful. From my personal experience this is true so far BUT...I don't want to give up. I'm in Los Angeles county, CA, can anyone offer advice on what I can do to make this work?

Main problem: If my offer is too low, sellers reject it, if my offer matches the asking price then my investors reject the property. I have 1 Agent really sticking by my side on this so I'd like to make this work

Thanks,

Nicole

Most Popular Reply

User Stats

438
Posts
187
Votes
Cornelius Charles
  • Investor
  • Oxnard, CA
187
Votes |
438
Posts
Cornelius Charles
  • Investor
  • Oxnard, CA
Replied

@Nicole Diaz 

I am a new investor myself, and in my studies I have read that a few years ago, most investors say that only 1 in 20 offers they put in on MLS properties would be accepted . Fast forward to today with the popularity of house flipping TV shows and tons of new investors hitting the scene, it seems like I am reading that the number is more like 1 in 50 now.I think it just comes down to being a numbers game and submitting as many offers as you can.

  • Cornelius Charles
  • Loading replies...