Wholesaling Other Wholesaler's Properties - Is It Even Worth It?

[Alvin Grier]

We're getting to the point where we're thinking about just not marketing deals brought to us by other wholesalers for two reasons:

1. It's a hassle when you don't have direct access to the seller, and you have to keep going through the wholesaler, who then has to contact the seller, in order for us to get our buyer in the property, and...

2. I've found that most wholesalers don't put in the work we do to find their own motivated sellers. As a result, we find that when we present the deals to our buyers, quite often they've aleady SEEN the doggone house in some mass email list.

The end result, is us with egg on our face because our buyer has already seen the house at a much cheaper price. I take relationships seriously, and I don't like feeling like we're jeopardizing our relationships with our buyers, since we're presenting stuff to them that's marked up, that they've already seen before.

The only thing I can do in this instance, is say "Hey, this deal was passed to me by another wholesaler," and that sounds ridiculous, because the buyer is thinking "Why buy this heavily marked-up deal that has fees from two (or more) wholesalers padded into it?"

Maybe I'm over thinking here, I tend to do that from time to time :-)

What do YOU think?