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Buying & Selling Real Estate

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Ben Haridim
  • Rental Property Investor
  • los angeles
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12
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WHY THE HELL WHOLESALE?

Ben Haridim
  • Rental Property Investor
  • los angeles
Posted Apr 4 2020, 22:04

Hey BP, the other day I was listening to the bp podcast feat. Michael Quarles and he said something that really struck me. Something along the lines of," after giving my usual offer (low-ball offer that all wholesalers give), 80% of the time I'm told f you, no!".I thought to myself in curiosity, Why? It must be that people want to milk as much money as possible from their property and an offer 30-20% below market value will not make the cut. With that said, why don't wholesalers become brokers and sell 80% of their leads on the MLS and the other 20% of their more motivated leads for cash (the traditional wholesaling way) as a secondary service? This way, absolutely no one they come in contact that is genuinely interested in selling their property will slip through the cracks. Am I missing something?? Or am I enlightening a new dynamic in wholesaling??

LET ME KNOW, BEN

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