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Updated over 5 years ago,
Tips on Wholesale Letter to Seller
Hey everyone! My name is Brandon and I'm very new to the real estate field. I'm starting out in wholesaling with the hopes of scaling from this and doing even more in real estate.
I would love to have some feedback on my cover letter template that I am planning on sending to my first potential deal. Please check it out below:
Greetings Kathleen,
My name is Brandon McCadney and I’m a real estate investor born and raised in St. Louis. I’ve noticed your property at xxxxxxx Grey Street and was wondering if you would be interested in selling your house. One of the areas I specialize in is buying homes that need repair and restoration to improve its appearance and value. I partner with other real estate investors in order to make this possible.
Please feel free to give me a call or shoot me an email to discuss the benefits I can provide:
- I buy with cash to close quickly! As quick as 7 days!
- I work with other real estate investors to convert your unwanted home into much needed cash!
- I buy your home as-is! No need to repair or clean it out!
- I purchase your home at no cost to you! No commissions or unexpected fees!
Regardless of why you need to sell your property, I would love the opportunity to speak with you about being a potential solution. If you’re not ready to sell your house now, no pressure! Please keep this letter with your important papers.
Thank you for your time, and I look forward to hearing back from you soon!
All the best,
Brandon McCadney
--phone number---
---email address----
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In addition to this, I read somewhere that it makes sense to attach a purchase agreement to the contract listing out all of the details of the price and assignment fee (assuming you've calculated the MAO and know exactly what you're getting). With that in mind, I would have to reword the cover letter's context to include that information. What are your thoughts on that?
I'd love to hear your thoughts and suggestions on these pieces. Thanks in advance!