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Updated over 7 years ago on . Most recent reply

User Stats

18
Posts
8
Votes
Juan Pernas
  • Miami, FL
8
Votes |
18
Posts

Wholesalers who say they're doing a "service" or "favor"

Juan Pernas
  • Miami, FL
Posted

When you have a seller with a dilapidated house that is worth 80k as is, and you're offering them 40k, are you really doing them a favor? I understand the idea of unloading their burden.. but realistically they are being lowballed and stripped of their equity, while perhaps being somewhat unknowing to the true value of their property. It seems to me a lot of wholesalers are in somewhat of denial.

Personally, I have nothing against wholesaling and I would likely do an assignment of contract myself if the circumstance calls for it. But I feel it should be okay for wholesalers to admit to themselves and others that this is a business and doing others a service is second to their bottom line.. 

This post is of course, a generalization!

Am I alone on this sentiment?

Most Popular Reply

Account Closed
  • Business Owner
  • Madison, WI
59
Votes |
79
Posts
Account Closed
  • Business Owner
  • Madison, WI
Replied
Sometimes getting rid of the property is more important than getting top dollar. Are you suggesting paying full price and to never Negotiate? This is Business, things get sold at a discount all the time, not just in real estate. Please stop with this BS on the Wholesaling forums this was made to Educate people, not discuss ethics and emotions. If you want to buy full retail PM me I have few properties in my inventory for you. and YES I'm on title:-)

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