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356
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47
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Erin Elam
  • Little Elm, TX
47
Votes |
356
Posts

Expectations when viewing home to wholesale

Erin Elam
  • Little Elm, TX
Posted

Hello BP,

I need some help! This might seem trivial,  but it's happened so I'd like to know how wholesalers handle this. 

When I go see a house for possible wholesaling - first question: is it ok to go ahead and bring inspector and/ or GC with you?

The reasons being: time is money.  I want to make an educated offer before I leave that sellers porch.  And this is assuming I have already run comps before I set foot on the property. 

Second question (if yes is the answer to the first)... How in the world do you keep the seller busy while the inspector/GC does their thing? 

 Reason I'm asking:  I scheduled and met with a seller who was willing to let me take a look. I brought my inspector,  because I wanted as much info asap on condition of home... well the seller and I talked quite a bit,  but every single time he saw my inspector,  inspect .. "what is that? What do you see?" Etc..

So ... my seasoned wholesalers - I'm sure you are well versed in calculating a pretty accurate ARV without a GC or inspector ... what advice would you give to a new wholesaler??? I want a good reputation as a wholesaler, not a greedy or inaccurate one.

Many thanks in advance, 

Erin

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