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Daniel OKeeffe
  • Ashburn, VA
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ever had a wholesaler increase their sales price after you visited property?

Daniel OKeeffe
  • Ashburn, VA
Posted May 6 2014, 13:02

Hi All

I talked to a wholesaler who basically told me he was raising the price 15k when he found out the original owner on the foreclosure property was no longer in the property just as I was about to make my offer. I had no way of verifying this one way or the other. It ruined my numbers for out of pocket expenses so I walked. He still has the property listed on his website after a few days at the original price. He also tried to get me to get him a 16k EMD when normal EMDs for properties like this aren't more than 5k. I would like to hear if anyone has had similar experiences. I am about ready to just start ignoring him and his listings. Would you work with such a person? He has a lot of listings but his behavior seems shady to me.

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