Wholesaling

[Trevon Peracca]

Good evening BP,

@Michael Quarles @Robert Laird

I got a bunch of calls and website leads today from people saying they just received my postcards. I'm feeling overwhelmed and have no idea what to do right now. Well, I do have an idea what to do but I'm just sick with the newbie nervousness.

I specifically have one guy who appears to be an investor who has bought properties far below the market value and thinks he is going to sale it to me at market value. I may be new but i have common sense. (I looked up what he bought the properties for on Zillow.)

To fill out the lead card on my website it asks for the seller to enter an "asking price". How should i approach people that are expecting market value for their property? Is it worth the time?

I have one guy who is asking $200k above market value on a $1.2m property. There is surely no opportunity to wholesale at with those kind of numbers. Or is there???

I guess what i am really asking is how do i separate the motivated sellers from those i cannot make a deal with. 

Best Regards, 

-Trevon

Keywords: Wholesale, Wholesaling, Lombard, Chicago, Direct Mail

[Renea Steward]

@Trevon Peracca set a price that is feasible for you to make a profit. An actual motivated seller will except an offer that is conducive for them. 

This is a business not a friendship. You are in this to make money while offering a service to a seller. 

Give figures that you access to be fair for the area/market you are in. State the price to the seller and leave it to them to except or reject. If they except locate a buyer. If the reject move to the next potential deal.

                          Enjoy as you prosper.....