Flipping and Wholesaling are Dead... RIP
OK, so I admit the title is a bit dramatic, but I can't stop thinking about the implications for the flipping and wholesaling markets after reading about Zillow's expansion into 11 more markets for their Zillow Offers program.
I wrote a bit more about it in a post about mainstream players getting into flipping and wholesaling, but I'd love to hear thoughts from others.
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#2 Marketing Your Property Contributor
- Flipper/Rehabber
- Wilton, CT
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#2 Marketing Your Property Contributor
- Flipper/Rehabber
- Wilton, CT
Keep this in mind!
You are not looking for EVERY SINGLE LEAD in your market that possibly exists (well I am but I am an over achiever).
How many deals can you seriously handle? No matter what the new fad is out there, there are plenty of people that want to deal with an actual person cash buyer that can come to their house and make offers.
You need to market yourself the right way. Surround yourself is insane crazy amazing reviews. Become the authority in your market. The go-to guy. No matter how many dollars Z is throwing at marketing, no one can buy off your reputation of THE go to person that buys and flips houses.
Don't be scared of Zillow. Be scared of that other small business dude with that amazing website that is building a real rep for himself!