All Forum Posts by: Dawson Brewer

@Don Konipol i never did a net listing, but from what i understand of what it is, yes the result is the same. 

Here’s why I’ve started using novations over wholesaling.

1. Sellers Get More Money

With wholesaling, sellers often need to take a low cash offer. With novations, I can offer closer to market value by selling to retail buyers, making it easier to get deals accepted.

2. Bigger Assignment Fees

Instead of selling to investors looking for steep discounts, I market to end buyers willing to pay market price. This means I make more per deal than a typical wholesale assignment.

3. No Double Closings or Hard Money

Since the seller stays on title, I don’t have to use hard money or worry about double closing fees. I just facilitate the sale and collect my fee at closing.

4. More Buyers, Less Competition

Wholesaling relies on a limited pool of cash buyers. Novations open up the MLS and conventional financing, bringing in a larger pool of buyers and reducing competition from other wholesalers.

5. Easier to Scale

With less reliance on deep-discount deals and cash buyers, I can scale novations faster than traditional wholesaling.

Final Thoughts

I’m not saying wholesaling is dead, but novations have helped me close deals I would’ve lost before. Anyone else using novations? What’s been your experience?

Hey y’all. 

I’m looking at purchasing a property in SA as subject 2. Just need some help getting my ducks lined up. 

Interest rate is at 4.75% and the mortgage payment is slightly less than the market rent in that area. If anything, I’ll be coming a little out of pocket to rent it to set money aside for repairs. 

I’ve thought of a few exit strategies: wrap, lease to own, air bnb. And thought of refinancing it. 

What would a refi look like if I did it to fix up and immediately sell it? 

 Lets connect!

 Shoot me a DM

 Appreciate it!

 Thanks!

 Appreciate it! Let’s connect

 I was in the Air Force. I knew that I wanted to get into real estate as I got closer to the end of my career. This is how I’m building my wealth.

What helped set me up for success was/is always learning and asking questions. Always marketing and letting people know what I do and what I’ve done. Also, not being the realtor that chases the paycheck and instead, focus on the client’s goals

I’m a realtor/investor in the Austin, Temple, and San Antonio markets. I’m working with a home builder that’s looking to do big things in 2024 and I also have some personal investment goals to achieve. Would love to talk over coffee and share ideas