Some Advice for the Newbie Wholesalers out there!!

[David Bokman]

Hello BP community and Newbie REI's,

I'm new too the BP world but NOT to real estate and most importantly sales and marketing.

Since this site is about learning I wanted to give some of the new people attempting to get into REI or wholesaling one of the most important pieces of advice you could get:

"TREAT THIS LIKE A REAL BUSINESS"!!!!!

I can't begin to tell you how many emails we get a day from wholesalers and other "newbie's" trying to sell us a property they DON"T even have a contract on!!! If you're going to email someone or attempt to contact them PLEASE DO THE FOLLOW:

1. Introduce yourself and who you are and who you work for! - If you're a wholesaler than say so. I shouldn't have to email you back asking if your the owner or your trying to wholesale a deal.

2. Leave a contact number and a way of someone to get a hold of you. Email is NOT enough in this business. Real estate moves fast.

3. Tell me what you want for the property, if your going to present it to me than give me a price, it's not my job to make you an offer...your the one trying to sell.

4. At least do some research at the minimum to see what other similar properties are selling for. Don't offer me a piece of land at $40k when houses are selling for $50k..would you make that deal?

If you can manage to do the following you have a better chance of building your network and having people take you more serious. Just a blank email with an address from someone I don't know goes right into my TRASH BOX! Being a Wholesaler is no different from any other job or company.....Be Professional!

Hope some of this helps!