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Wholesaling
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Updated over 15 years ago, 04/04/2009

User Stats

42
Posts
1
Votes
Cody Clark
  • Real Estate Investor
  • San Antonio, TX
1
Votes |
42
Posts

settlement table

Cody Clark
  • Real Estate Investor
  • San Antonio, TX
Posted

when you settle the deal at the title company is your buyer, seller, and the wholesaler there at the same time?

User Stats

22,059
Posts
14,124
Votes
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
14,124
Votes |
22,059
Posts
Jon Holdman
  • Rental Property Investor
  • Mercer Island, WA
ModeratorReplied

In about a dozen closings I've only had everyone there all at once on one occasion.

User Stats

1,981
Posts
659
Votes
Ryan Webber
  • Wholesaler
  • Amarillo, TX
659
Votes |
1,981
Posts
Ryan Webber
  • Wholesaler
  • Amarillo, TX
Replied

Normally everyone comes in at different times on the same day. Now as a wholesaler, if you assign the property, you don't even have to show up.

Similar to Jon's experience, I've been there in the same room with the seller OR buyer less than 10% of the time, and I've never done EVERYONE in the same room before. Many times I'll be in the lobby while they are closing or vice versa. Most of the time I prefer to give them their privacy.

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User Stats

42
Posts
1
Votes
Cody Clark
  • Real Estate Investor
  • San Antonio, TX
1
Votes |
42
Posts
Cody Clark
  • Real Estate Investor
  • San Antonio, TX
Replied

thanks guys.. do yall disclose to them right of the bat that your intention is to wholesale the property?