Wholesalers calling listings with "CASH OFFERS"

[Remington Lyman]

Has anyone noticed an uptick in wholesalers calling listing agents with cash offers? I have spent the whole day fielding calls from these out-of-state wholesalers. Not sure why they are calling on listings that are on-market.

I want to teach them how to find off-market deals so they can actually add some value...

[Andrew Bang]

Some wholesalers focus on on-market properties.   If they have a disposition list of buyers that buy discounted on market properties, then they will make offers.   Just a numbers game.  There are investors that don't have the time to call a bunch of agents and make a bunch of offers, they are providing a service of value to these investors.