All Forum Posts by: Molly Francis

Right, sellers don't always take the highest bid. There are several different factors that play into their decision and this varies from person to person. In my case, I have an established company to back me up and I am able to offer all cash closing in 2 weeks or less. Someone else, who may be able to pay more, may not have the same terms. Of course I'm not able to pay retail price for my investors, but the more offers I can get in, the more likely I'll run into someone who prefers my terms over another offer even though I may not be the highest price.

I'm a licensed agent but I don't practice traditional real estate. I work for a brokerage that buys distressed properties with in-house cash then double-close with our investors. Companies similar to Sundae serves as another resource for me to offer on off market properties. 

Anyone know of any companies similar to Sundae? Sundae is an online marketplace that is a middleman between sellers and investors. The seller's info gets sent out to investors who will submit offers on their property and sellers compare offers and select which one they'd like to accept. I've been trying to do some research online, but most companies I've found charge per lead, but Sundae charges the seller a marketing fee instead of the buyer. 

Hi everyone! I'm a licensed real estate agent and have been working in investment real estate for a few months now. I've learned so much already and am so excited about this journey to grow even more! I'd love to get connected with other agents, investors, wholesalers, contractors, etc. so we can hopefully work together or even just bounce ideas off each other. I look forward to connecting with some of you! :)

 Hey Katherine! Thanks so much for the feedback. This was super helpful. :)

 Hey Lance! It wouldn't cost you anything to come into the office to talk with us about our process and benefits. I would love the chance to get to talk to you and as I said, you'll lose nothing by coming in to talk. I've seen first hand, the agents in our office (the North Houston location) work extremely relational instead of transactional. We all truly look out for our investor's best interest and create a mutual beneficial relationship. The people that we do work with have really great things to say about us. I can have one of my more experienced guys talk with you if you are open to it. 

 Hey, thanks for the feedback! See, I think that's part of the problem - Networth Realty and New Western are viewed as the same thing among investors but in reality, they're very different. I'm sorry to hear that you're not interested in buying from NWR. I really think some of these deals are pretty hard to pass on and are great opportunities - most of our deals are not even lasting a full day. This market is super competitive and it's hard to find a deal at all but we continue to buy houses every day. Anyway, good luck with everything!

No offense taken. The agents, at least at the North Houston office, don't pressure investors into deals. If an investor enters into a deal it's after our agents encourage them to run their own numbers and even encourage them to have their own contractors or a third party to do so as well. We have our own rehab estimates as far as ARV and rehab costs but it's ultimately up to the investor to do their own vetting as well. Nonetheless, I appreciate the feedback!

Hi All!

I recently started my position as a licensed agent at NetWorth Realty. I'm doing my best to get some investors here in our office (I'm at the Woodlands location) for me to pitch our company and explain our streamline process so I can build a pool of investors to work closely with. 

I've tried reaching out to a few investors here on BP and no one seems to be interested in meeting with me. I understand there is a certain stigma for "wholesalers" which technically, we are, but we provide many many more benefits that people don't seem to be willing to listen to. They see wholesaler and think they're getting ripped off - WHICH IS NOT TRUE! I truly believe we provide unique and amazing opportunity for our investors.

Does anyone have any tips as far as how to get investors to get interested in hearing a pitch about our company? We provide lots of value and I want to portray that, but I can see how some investors may see this opportunity as too good to be true. Any help or advice appreciated.

 Hi Miguel! Thanks for the reply. I'd love to connect! :)