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Wholesaling
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Updated about 4 years ago on .

User Stats

32
Posts
15
Votes
Loren Oatman
  • Real Estate Agent
  • Syracuse
15
Votes |
32
Posts

Trust but Verify what you are being told.

Loren Oatman
  • Real Estate Agent
  • Syracuse
Posted

The truth is in any industry we have bad actors and wholesaling is one that gives a person the opportunity to be dishonest or they are ignorant. When buying from a wholesaler you want to verify what you are being told before you make the deal. Some of the wholesalers are new and don't know better or are dishonest. Trust but verify. I won't do a deal that isn't a win-win. When I place a property under contract, I do my best to find a great deal while still providing value to the seller and the buyer while making money. I do my due diligence and verify what I have been told. I also am transparent to the seller and buyer. If the buyer has a problem with what I'm making I find another buyer. The deal has to be a good deal and make the buyer the margins that they are looking for. 

Some one said they never trust a wholesaler. Trust is built and so are relationships. Trust but verify!