Wholesaling
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated about 10 years ago on . Most recent reply

Multiple Wholesalers sent the same "exclusive deal"
I'm curious how I should handle the situation.
Obviously I want to keep my relationship with both and my professionalism to the max - what should I do as an investor when two wholesalers send me the same deal?
Most Popular Reply

Originally posted by @Ned Carey:
Damn it @Ben Leybovich , I keep running out of votes for you. You'd think as a moderator they would give me more that two bullets. I guess they think I am Barney Fife.
and @Roy N. wrote
I think it is kind of fun to offer to buy from the guy that doesn't have it under contract and watch them try to scramble to get the deal done. This is really fun when they are trying to re-market a deal that you are the original seller.
Ned:
Fun is when you offer to buy from both, neither of whom have the deal under contract, and, eventually, the *real* wholesaler calls you to cut-out the middlemen {I never did figure out which one of the first two was sill enough to disclose the name of his buyer}.
Despite the entertainment value, the property itself turned out to be not much of a deal.