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Updated about 10 years ago on . Most recent reply

User Stats

27
Posts
7
Votes
Wesley Merville
  • Baltimore, MD
7
Votes |
27
Posts

Multiple Wholesalers sent the same "exclusive deal"

Wesley Merville
  • Baltimore, MD
Posted

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

User Stats

7,658
Posts
4,300
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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
4,300
Votes |
7,658
Posts
Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
ModeratorReplied
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.

  • Roy N.
  • Loading replies...