How do you negotiate price with Wholesalers ?

Question

How do you negotiate price with Wholesalers ? Example: asking price 50k, you run numbers and it works for you when price is 40k ? How do you approach wholesaler ? Any tips, comments will be appreciated ! TIA!

Eric James · Answer

You say "My numbers only work at $40k". They meet that price or they don't.

Mike Cumbie · Answer

Hi @Piotr Staron

Same way as anyone else. Find your numbers and make an offer. If you get it great, if someone else gets it because they offered $500 more, you can live with it because you made your play.

Good Luck!

Joseph Cacciapaglia · Answer

Most wholesalers aren't very negotiable in my market. They rarely have much wiggle room built into their deals. In the scenario you're describing, I would guess that a $10K reduction would wipe out their entire profit. If they're not able to sell it at that price, they can always go back to the seller and try to renegotiate, but they're only going to do that if they don't find another buyer.

How do you negotiate price with Wholesalers ?

How do you negotiate price with Wholesalers ?

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