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Updated about 15 years ago,
Wholesaling to large wholesalers
Hello,
To start, I am new to this site and wholesaling. I am currently building a business and action plan. With that, I am going to have tons of questions, however I have seen that most on this site have been very kind to newbies. If you have any pointers or tips, please feel free to advise, even if I don't ask - I just may not yet know to ask the question. :)
On to my question... How many wholesalers sell to larger wholesalers? They have large buyer lists and are established. I have a few established, large wholesalers in my area who have huge buyers lists. I am considering contacting them and offering a certain percentage (perhaps 10%?) to them if anyone of their buyers purchase my property.
If it were a concern, I would even sign something that would prohibit any of their buyers from trying to backdoor that wholesaler. The way I see it, it’s profit they didn’t have and it’s greatly helping me sell. It’s also helping me to get started out, which is invaluable. I won’t depend on their buyers only and will continue working to create my own list.
So, how many of you currently / previously wholesale to other wholesalers? How has it worked for you? Any tips on what to say and not to say when initiating contact? The groups that I am aware of are well established for 10+ years in my area, so not stepping on toes is important.
All comments are appreciated!
Thanks,
Danielle C.