I'm a real estate investor and builder in NY, and I'm exploring new approaches for partnering with wholesalers. I'm interested in being an exclusive buyer and getting involved in the process. My goal is simple: once we secure a deal, I buy directly from the seller with cash, and you earn a fee.
Are these kinds of arrangements common? If so, I'd love to learn more. If not, I'd appreciate any advice on how to set this up effectively. Also, what's the best way to connect with wholesalers who might be interested in this type of partnership?
Looking forward to your insights!
Maybe a beginner wholesaler would be cool with something like that.
But for us, we wouldn’t partner with an end buyer unless we’re getting a percentage of the profit on the backend, and it has to be a lot more than the wholesale fee for that property. The thing is, that kind of partnership puts a limit on how much we can make from the deal. Every deal is different, and supply and demand really dictate what we can sell it for. Sometimes, we get buyers who are super eager to find their next short-term rental, and they might offer way more than a flipper would. More often than not, we get a flipper who does the work themselves, has cash, and can afford to pay more than others. That’s why we can’t just go with one buyer—it wouldn’t make financial sense for us. At the end of the day, we’re running a business, and we’ve got employees and marketing costs to take care of, so we need to make sure it all adds up.
Thanks for sharing your perspective—it’s definitely insightful, and I understand where you’re coming from.
While I get that partnering with one exclusive buyer might limit your potential profit on individual deals, couldn’t there be value in the consistency and reliability of working with a cash buyer who provides specific leads/addresses and is always ready to close on those deals? This might reduce the time and resources you spend finding buyers for each deal, which could, in turn, lower your marketing costs and the need for extensive negotiations.
Also, to clarify, the exclusive buyer agreement would only apply to the leads/addresses that the buyer provides. This way, you maintain the freedom to pursue other deals independently.
Additionally, I'm curious if you've come across any "wholesale as a service" models where a buyer provides leads, and the wholesaler handles the outreach, qualification, and closing of deals to investors for a fixed fee. This could be a way to guarantee a steady stream of income while still working on higher-margin deals separately.
Thanks for sharing your perspective—it’s definitely insightful, and I understand where you’re coming from.
While I get that partnering with one exclusive buyer might limit your potential profit on individual deals, couldn’t there be value in the consistency and reliability of working with a cash buyer who provides specific leads/addresses and is always ready to close on those deals? This might reduce the time and resources you spend finding buyers for each deal, which could, in turn, lower your marketing costs and the need for extensive negotiations.
Also, to clarify, the exclusive buyer agreement would only apply to the leads/addresses that the buyer provides. This way, you maintain the freedom to pursue other deals independently.
Additionally, I'm curious if you've come across any "wholesale as a service" models where a buyer provides leads, and the wholesaler handles the outreach, qualification, and closing of deals to investors for a fixed fee. This could be a way to guarantee a steady stream of income while still working on higher-margin deals separately.
thanks, @Chris Davis! Where can I find such said marketer/closer in my area?