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Updated over 10 years ago on . Most recent reply

User Stats

231
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52
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Cierra Seay
  • Residential Real Estate Agent
  • Eastpointe, MI
52
Votes |
231
Posts

Do Wholesalers Create the same frenzy as bank owned properties ????

Cierra Seay
  • Residential Real Estate Agent
  • Eastpointe, MI
Posted

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. 

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