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Updated over 10 years ago on . Most recent reply
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Wholesaling with RE Agents
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
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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.