How serious are your Buyers ?

[Peter Torrance]

How serious are the Buyers on your Buyers list? Are they tire-kickers or serious Buyers?

I have been doing this business for a few years and I have done ok with it, however, recently I moved to a new area (Birmingham) and managed to collect a good list of Buyers. However, in the last month I have put 3 good deals under contract in Birmingham, with lots of equity, and after pitching them to my Buyers no one has been in interested. I had to flip two of them back to the Sellers as I couldn't find a Buyer.

I have asked my VA to contact the Buyers and discuss, however, is this happening to anyone else? Does anyone else have serious Buyers in the Birmingham area that aren't really serious? Or is this a problem with Birmingham?

Thanks

Peter

[Robert Leonard]

Investor: "Surely, you can't be serious?"

"Wholesaler": "I am serious, and don't call me Shirley."

I often get a good laugh out of what people send out as a "wholesale deal" and then demand that only "serious buyers" need reply. Don't make me (or other investors) laugh and you won't have to tell me to be serious.