Wholesalers in Philly and surrounding areas, how do you feel about the market right now? Especially with the stigma associated with wholesaling.
I started towards the end of 2020 and have been gaining great momentum since. I've noticed the sellers in the city are tough and very hostile in most cases, even when they are looking to sell. Has it always been like this? Is this the norm?
Working with distressed sellers in Philadelphia in particular can be quite difficult. @Jimmy O'Connor can provide some great insight into the matter. Many people have watched their neighborhoods change throughout their lives here and it can be emotional to have to part ways with a family home or investment property that unfortunately fell into disrepair.
That being said, and this goes for Philly and anywhere else in the US, at the end of the day distressed sellers want to sell their property. While it may be difficult to get the right certs, deeds, wills, payoffs and signatures from such sellers in order to close, as long as they really do want to sell wholesalers provide a valuable service for people looking to get rid of problem properties.