Do Wholesalers Create the same frenzy as bank owned properties ????
I've signed up for a few wholesalers cash buyers list and I'm seeing a trend of mass emails. I have a few questions for wholesalers and investors who buy from wholesalers.
1.) Will wholesalers eventually cause the same frenzy as bank owned properties that hit the MLS ? What I mean is will they create bidding wars amongst several people who've all received this "deal" email ?
2.) Is this the normal way for wholesalers to work ? I thought wholesalers called specific buyers for specific properties instead of putting together a huge list and sending out a mass email every time they got a property under contract.
Any insight and feedback would be wonderful.