Contract listing time

[Patrice Baker]

I read a book that says to use your inspection days (15 max) to market the property to buyers.Then if you get no buyers then to cancel 2 days before the inspection period ends. How is it that some wholesalers are able to keep the property under contract for longer (Over a month)?

[Chris Eaker]

@Patrice Baker

Apparently those investors are certain they will sell it or they're willing to buy it themselves. I don't like the suggestion to market in the inspection window and then cancel if no buyer is found. That is dishonest. Wholesalers deal with distressed sellers and the last thing a distressed seller wants is to have a contract fall through. If you're not able and willing to buy it yourself, then don't get it under contract until you have an *extensive* network of cash buyers to where you are almost 100% certain you can flip the contract.