All Forum Posts by: Chris Boyd

@Cody McRae Please do not get distracted by the hater in this post. He assumes all wholesalers are scammers. If you have a active buyers list, and have honest intentions of putting this home under contract, and then assigning it to a investor I recommend you speak with the seller again. Communicate clearly your intentions, and be transparent with them. Dialog goes a long way with sellers. Essentially, you are offering free marketing and a quick close if you can deliver. Do not let the interaction intimidate you. Be professional, and show the seller you are a honest businessman. 

Good luck!

All of the above. It simply depends on the seller. You have to be willing to have multiple contact with the seller and negotiate. Do the inspection, and negotiate some more. Most older folks like mail, younger like email. Even if they reject the offer, send them a contract. You never really know their situation.

Absolutely. We are always making a offer on a property, outside of someone being rude or disrespectful. We have had situations where we sent a offer off, and months later, they call and want to do the deal. If they have your offer sitting on their table, when they change their mind, it's your deal.

Sure. Remember, all real estate is a agreement between two parties. If you agree, put it in the contract.

There are lots of Realtors who do not understand what a wholesaler does. Others that are part time, and others that feel it's beneath them. Having said that, I work with plenty, and have a great working relationship with them. It comes down in my opinion  to work ethic, honesty and integrity.

I think your thread is mistitled. It should read "Winners win and Losers lose...in any field". 20% of the people will always do 80% of the work in any field.

message us.

To say that ALL sellers want 2,500 to 3,500 to wholesale their property is false. If you are active wholesaling, you know this. It comes down to effective negotiation skills and a willingness to be transparent with the seller. All the best!

There are good and bad in everything. I am a wholesaler, and I take acception to some of the regular haters on this thread. My advice is simple. Network, build relationships with some of these wholesalers. If they are not worth your time, move on. There are plenty that are professional and diligent. Please do not believe everything you read. Find out for yourself.

You could just have the seller sign a blind HUD without doing a double closing. It's also important to always be transparent with your sellers. Everyone seems so worried about this particular issue, but 99% of the time you can avoid any issues just by being honest up front with the seller. Motivated sellers want one thing: money. When they get the money that was promised to them, they are almost always happy.

You and your seller sign the purchase contract. You and your buyer sign the assignment contract.