Comical new wave of wholesalers
I'm not one to dog wholesalers. It's how I got started.
For me wholesaling is: Marketing to off-market owners, analyzing a property, negotiating with the seller, and having the deal "funded" before even going under contract. I have private funds I can use to close if a buyer falls through and I personally fix/resell as well.
This year I got the following treats:
1) A gal snagged my email off of BP and added me to a daisy chain email offering me a local investor's deals with a $15,000 mark up!
Poor girl had everyone on one email. I replied to all with his website link asking how she added 15k of value to this particular deal. I also requested to be removed from her list.
2) A wholesaler filled out my "We Buy Houses" from on my website a half dozen times with FSBO's marked up $500.
He got a polite "knock it off".
3) A wholesaler went under contract on an MLS deal and generously offered it to me a whopping $3,000 below MLS list price.
I forwarded his email to the listing broker recommending she double check his POF and it's source. She shouldn't hold her breath on it closing