Meeting with a prospet and Making an offer on

[Cusmore Simon]

Hi everyone on BP. I’m still quite new here and to Real Estate wholesaling. I'm currently wholesaling in new haven county in CT. I’ve been meeting with prospects lately and haven’t been able to get anything under contract. So of course I go back to the drawing boards and listen to podcast and do some research to see where I need to make changes. One thing I came across is making an offer at the initial meeting or even first contact over the phone. I may be over thinking a bit, but how do you go about making an offer and not lock yourself in at the price you just threw together from your initial viewing of the property? Are you making an offer with the contract but allowing the owner a day or two to decide to accept or not so you can do further due diligence? Or is there another way to offer that still leaves negotiation on the table? Or are you just offering what you estimate to be the MAO but make sure you have escape clauses in the contract so that you can still exit when needed? Anything would be helpful. Thanks!