All Forum Posts by: Curtis Harvey

@Eric M.  Please do not make assumptions.  Wholesaling in not just being a direct to seller acqisitions wholesaler.  You do not get to decide what I am. I will say that I am not a flipper/rehabber, nor have I every tried to be.  The big issue is there are tons of conversation here about wholesaling, but it seems that most of the people talking only know about one type of wholesaling. smh. The new laws about wholesale licenses will effect me and I will get a license where it is needed in any one of the markets I work in.  I will also get my agent/brokers license as well.  Real Estate is evolving fast, people may find it hard to believe, but wholesaling is the foundation of it all.

@Steve Morris here we go again.  I hate to think that you are having an issue with understanding what I said.  But it completely makes sense why wholesalers have an opportunity where their needs are not being serviced.  You are too focused on things you have no control over.  I wish the best for in your business. 

@Steve Morris, Since I have to money to close on every deal, I am most of the time the end buyer.  And then I wholesale or use other disposition methods.  If they ask I will tell them the about my exit strategies of which wholesaling is one of them.  You may think that it is a big issue (because you have mentioned it a few times), but sellers are hurting out there and they are looking for someone to help them.

There are Brokers and Agents all over the commision website with actions that are unscrupulous activities.  There are wholesalers that cross the line as well.  I would never assume that all Agents or Brokers are that way and all I ask is that you do not assume all wholesalers are that way.

@Steve Morris another broker response.  Stop it. I bet you are not a wholesaler friendly broker that allows your agents to provide the wholesale option for their clients. smh.  Are you fully discosing the fact that you are not doing the best thing for the seller in need of selling that home that they can not afford to upgrade?  I bet they would like to hear all of the options, but I guess since you are fully disclosing everything, you will tell them that they have an all cash as-is option they could take advantage of.

If you would like me to help you increase your revenue in your business, lets have a conversation.

@Steve Morris Stop it with the negativity.  

1.  Who the buyer is in not important to the Seller.  They have a situation that needs to be solved and need help solving it.  How do you solve their problem when you are presented with a house that is in bad condition and they are going to lose it if they do not sell it fast?

Do not alway give the Agent or Broker response to everything.   The Real Estate industry is changing and you have to take off your blinders and start helping people that need help.

Within the spirit of disclosure and ethics, because I have the ability to close deals myself, I can and have told sellers that I am the end buyers.  Because I am an investor as well, wholesaling is one of my exit strategies.  I have access to plenty  of private money through my own Funding company, so I can close on everyone of my deals if I choses.

2.  Sometimes it is great to tell a seller what you are making.  Most do not mind as long as you can solve their problem and give them what they are looking to get for the property.  I have one in escrow now where the seller, who called an agent initially, but was told that repairs needed to be done with the property before they could list it.  I locked up the contract for $275,000 with my own money, her husband passed away because of covid, and she needed additional money to move out of state with her family and pay for the final expenses for her husband.  I met with her and offered her $300,000.  She knew I was a investor that was going to wholesale the deal, but she was grateful that I could sell the property and help her solve problems she was having.

3. Back to that same ole, if you are not helping people do not put wholesalers in a box, and do not thing the way you do business is any better.  I still did not hear what you can do for clients that do not have retail ready properties for you list.

I will be a Agent/Broker very soon and will have the same standard you are under now.  If there is a wholesaler license that the states that I do business in are required, I will get one of those too.  There is no need to continue the trash talking and what you think makes you better than someone else.  Use that energy to go out an help someone that needs help.

I can call myself what I would like.  If is not you that controls what I am called, it is the people I help that matters.  Good luck to you in your business.

@RICK MUSIL Yes I do.  What market are you looking for something in?

@Jessica James You can dm me and I will walk you through finding cash buyers in your market. Lets encourage, support, and help those of us who are looking for help.

You shoud have a conversation with her to understand the scenario more.  Do not be so fast to get the property under contract.  You need to find out what she needs help with.  You may want to talk to someone who has deals with probates.  If she is not the owner and is standing to inherit, if you provide her with the information she needs to help her you may be given and opportunity with the deal is ready to have the opportunity to get the property under contract.

As a wholesaler and Investor who does complete ethical transactions with complete intent to help property sellers that have a problem, solve them.  My mentor is extremely ethical, I am in training to get my Broker's License. I have completed 40 Deals in the last 90 days, without one cancellation, and only one extension.  Please do not put all wholesalers in the group that are unethical and practice manipulating sellers with lowball prices.  The "Grey Area" that will always be there is those properties that have sellers that want to sell an they either want to sell fast without updating the property, or can not afford to upgrade the properties. There is going to be a huge wave of new Agents and wholesaler friendly Brokerages appearing. The company that my mentor owns, that has offices in many markets has only licensed agents responsible for wholesale activities.  I work with Agent all of the time on my transactions both in acquisitions and dispositions of deals.  

The issue with the modification of the law in Philidelphia, Chicago, Oregon, and OK are to deter unscrupilous activity.  During the vote Phili they should have had some of the investors/wholesalers in that community discuss the pros and cons of the restrictions.  I have an associate that owns 2,000 Doors there and they are involved in legal action that will change the restrictions very soon.  

Over the next few years, in my opinion, wholesaling with be inclusive an monitored by each states commision.

I wholesale in CA and I do really well.  What markets are you interested in working in?