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Updated almost 8 years ago on . Most recent reply

Account Closed
  • Wholesaler
  • Mansfield, TX
146
Votes |
216
Posts

What to say to a realtor for cash buyer

Account Closed
  • Wholesaler
  • Mansfield, TX
Posted
So I've heard from Tom Krohl and Sean Terry that you should market your wholesale deals to Realtors who have cash buyer clients and add the realtors to your buyers list. You apparently just tell the realtor to add their fee and present the deal to their cash buyer clients. I paid a VA to obtain a contact list for all the realtors in my target market. I want to email the realtors to let them know who I am and what I'm doing but I don't want to p*ss anyone off and raise any red flags. I know wholesaling is not illegal in Texas how do I describe it in a way that's professional sounding and makes it profitable for them and not like I'm trying g to compete with them. Currently I've been just doing assignments as the deals have been less than $10,000 profit. I want to start putting the deal out for the best and highest bid wins. Again struggling with what to say to the realtors when I email them. Any and all ideas appreciated.

Most Popular Reply

User Stats

17
Posts
7
Votes
Cori Bryan
  • Real Estate Investor
  • Wichita Falls, TX
7
Votes |
17
Posts
Cori Bryan
  • Real Estate Investor
  • Wichita Falls, TX
Replied

Unfortunately there was a group that used to meet in WF....guess it was really great because they'd have inspectors come and appraisers come and there was a lot of good information there, but it got jaded by a few people that would make people sign in and then annoy them with calls- quite the turn off. So probably worth starting another one up and it'll grow- @Brendan Martin- keep me posted and I can get word out to flippers in town I know...

I'd say as an investor/realtor....don't waste your time sending a generic letter...I would say I get several letters/emails literally weekly that are very similar and I don't know how to weed the non serious investors out- so I just rip em up/delete them.

The only thing I take serious is a call with a specific house...

And its ok to text/leave messages....

"Hi my name is X with X company....I purchased an "as is" house- here is the address- here are the specs (although normally they can look up past history on mls)....let them do their research and then call you back if they or anyone of their investors are interested." 

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