All Forum Posts by: Briannan Burns

 Ceshker Title Austin

 First, I do see your point and I don't disagree, remember, I said, "dishonest... UNLESS you are transparent and DO tell the seller you are not the end buyer". It seems that you are transparent so you get a fat ol "good job" check!

And no, I don't necessarily think you should get buyers interested in CF deals....  This, because buyers (most of them) don't care. All they want is to make a profit. If you did ALL the work, creative thinking, setting up the deal and deliver that deal ready to be devoured on a silver platter, I doubt any investor would frown upon you. Au contraire mon ami, you will be seen as extremely competent and resourceful and you would build quite the reputation among otherwise incompetent wholesalers (Wholesalers chill... I didn't call you incompetent, I said incompetent wholesalers those wholesalers that are incompetent get it? )

As for you don't want to be in the situation where you screw up yourself or the seller... that can't be avoided sadly.  The more complicated or the more people involved in a transaction the more probability there is... BUT that can be remedied by indeed being honest AND transparent and explaining the risks, advantages and disadvantages involved. That is what we do. We tell the seller exactly how wholesaling works, and the most common case scenarios "like back-end buyer backing out... (in which case I will give the earnest deposit  left to the seller, or we split it with the seller.

On a personal note, 

You are doing very well. You are thinking  outside of the box instead of doing what everyone else is programmed to do by the gurus and you take the sellers interests with high priority. 

I have no doubt you will go far!

Let me spin it a bit differently than @Jerryll Noorden. The issue as I see it is has the seller made the decision to sell to the buyer based upon his/her evaluation of the buyer's ability to perform.

How would you like to contract with a buyer who is an accredited investor and then find out months later that the party who ends up on title is a deadbeat? 

Yes, transparency is key... if the seller agrees to such an arrangement after disclosure, all should be well even if the buyer eventually defaults.

Get with an attorney owned title company who isn’t scared to tackle creative finance deals. I have one I can recommend in Texas 

You absolutely can, but you increase risk.

Your buyers pool now becomes significantly smaller.

An other way of looking at it, is that you now are arguably being dishonest with the seller right? Most creeative financing deals is where the actuakl BUYER, promises the seller certain terms. Now you are promising these terms on behave of someone else that didn't yet agree to any of it.

A solution to this is of course being very transparent with the seller and let them know their risks. But then again, it makes the transaction a lot more riskier and thus harder. But if you have good partners (cash buyers) that you trsut and know and they trust you, I honestly don't see why you couldn't

@Alex Renteria

Give your listing as much visibility as possible, Of course don't forget the basics: publish your listing on the MLS (multiple listing service), syndicate with major real estate platforms like Zillow, Trulia, and Realtor.com, and claim those listings to follow statistics. However, there is more you can do to get more views on your listing.

List on Facebook Marketplace
If you’re targeting younger buyers, post the home for sale on Facebook Marketplace. You’ll be surprised how many enquiries you get from potential buyers!

Use email lists
In the United States, where collaboration between real estate agents is very common, do not underestimate the power of your email list. Make it a habit to send the property to your contact list on a regular basis. In the case of our local MLS, I'm able to pull realtor contact lists and add them to my email base. Make sure you keep the subject line interesting and relevant to increase your email open rate.

Change the featured photo regularly
This might not be obvious, so I will explain my reasoning. More than 90% of buyers use the internet to search for properties. They will use platforms like Zillow to do so, and they will only see the basic information of your listing and one main photo. Here’s the trick: change that cover photo periodically to attract new attention to your listing. The kitchen may appeal to one person, but the living room to another.

Host open houses
Open houses have always been and will always be essential when selling a property. They not only allow potential buyers to physically experience the space, but each time you hold one, it makes your listings pop on all online portals and gives your property renewed attention.

Broadcast on Facebook and Instagram Live
For those who can’t make it in person, offer a livestream tour of the home. Give your viewers a virtual view of the property and answer their questions in real time. It isn’t just a tour of the property, by the way—they are also getting to know you (and perhaps considering you for their future realtor).

All the best!