Wholesale Busted

[Cody MacRae]

Good evening,

I put out a few bandit signs in my local area recently and received a few phone calls. So, long story short I received a phone call from someone who wanted to sell a house they were tired of dealing with. My investor and I spoke to him on the phone and found out more about the house. Could potentially be a really good deal. We wanted to see the house and tried to schedule to see it. He says he has to schedule with his tenants, no problem. I called another two times to try and schedule to see the house with no time set. I got a phone call today and had a discussion with him and found out he is an investor and doesn't want a wholesaler selling his house. Does this happen a lot? Is it because I'm inexperienced? What did I do wrong and what can I do differently? Pretty disappointed. Thanks for everyones feedback in advance.

[Chris Boyd]

@Cody McRae Please do not get distracted by the hater in this post. He assumes all wholesalers are scammers. If you have a active buyers list, and have honest intentions of putting this home under contract, and then assigning it to a investor I recommend you speak with the seller again. Communicate clearly your intentions, and be transparent with them. Dialog goes a long way with sellers. Essentially, you are offering free marketing and a quick close if you can deliver. Do not let the interaction intimidate you. Be professional, and show the seller you are a honest businessman. 

Good luck!