Honest Wholesaling Experiences

Wholesaling
2moFollow

Honest Wholesaling Experiences

Ellison Frick
Member since 2026 · 11 posts · 6 votes

I would love to hear people's honest opinions working with wholesalers. What makes a good wholesaler stand out and how do they have better credibility compared to the scammers? 

If you reach out to a wholesaler about a deal they posted, how do they build their credibility within a short enough amount of time where you would feel comfortable working with them?

0Reply
89 views

Most Popular Reply

Ken M.
Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
2mo
Quote from @Ellison Frick:

I would love to hear people's honest opinions working with wholesalers. What makes a good wholesaler stand out and how do they have better credibility compared to the scammers? 

If you reach out to a wholesaler about a deal they posted, how do they build their credibility within a short enough amount of time where you would feel comfortable working with them?

Your comment "I would love to hear people's honest opinions working with wholesalers"

It's honestly a lot more work than the "gurus" say it is. If you get a deal in the first 3 months, that's very unusual. If you're still "in the biz" in 6 months, that's very unusal.
1Reply
See this reply in the discussion

7 Replies

Jump to latestLatest
  • Blayden Huber
    Real Estate Agent · Indianapolis, IN · Member since 2026 · 6 posts · 3 votes
    2mo
    Hi Ellison! I work in wholesaling, and one of the biggest things I’d look for is whether they’re taking the time to understand your investment criteria instead of immediately pushing a deal. A good wholesaler should be asking about your goals, preferred neighborhoods, budget, rehab tolerance, and return expectations. I’d also pay attention to their deal volume, knowledge of the local market, and how transparent they are with their numbers. Don’t be afraid to ask questions about their track record, how they calculate ARV and repair costs, whether they’ve closed deals with repeat buyers, and if they can provide references from investors they’ve worked with before. The best wholesalers focus on building long-term relationships, not just making a quick assignment fee.
    0Reply
  • Carson Nordmann
    Member since 2026 · 119 posts · 44 votes
    2mo

    Credibility usually comes down to 2 things fast: proof of a real buyer list and a clean assignment contract you can review before committing. Wholesalers who hesitate on either one are usually figuring it out as they go. The ones worth working with can name specific buyers they've closed with recently, not just 'a network of investors.'

    1Reply
  • Ken M.
    Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
    2mo
    Quote from @Ellison Frick:

    I would love to hear people's honest opinions working with wholesalers. What makes a good wholesaler stand out and how do they have better credibility compared to the scammers? 

    If you reach out to a wholesaler about a deal they posted, how do they build their credibility within a short enough amount of time where you would feel comfortable working with them?

    Your comment "I would love to hear people's honest opinions working with wholesalers"

    It's honestly a lot more work than the "gurus" say it is. If you get a deal in the first 3 months, that's very unusual. If you're still "in the biz" in 6 months, that's very unusal.
    1Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2mo

    here are things we look for:

    1. Did they actually tour the property and do a video

    2. did they do an analysis of estimated cost of repairs including major items like hvac, roof and electrical

    3. they using real comps and not taking random properties to try and drive up the arv

    4. They know the market and area

    instant turnoffs:

    1. Property listed on mls / actively listed

    2. never visited property

    3. are not familiar with market

    Hope this is helpful, people can feel free to add to these lists 

    7e investments53 Reviews
    WebsiteView Page
    1Reply
  • JD MartinBusiness Member
    Moderator
    Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
    2mo

    Number one for me is their ability and willingness to consummate the deal if they can't find a buyer, assuming they're looking to just assign a signed contract. Anything beyond that is an unethical individual that I wouldn't want to do business with. Outside of that, a clean contract, a property that's been properly qualified (liens, title issues, etc), honest dealings with the seller, a level of experience that says they've done this multiple times successfully. 

    Most wholesalers are at best one-and-done'ers. Finding off-market properties that can be successfully put under contract without scamming the seller and reassigned to a willing buyer is far more difficult than anyone would have you believe. Most people become "wholesalers" because they don't have two nickels to rub together. Don't be that guy. 

    Podcast Guest on Show #243
    Skyline Properties
    View Page
    0Reply
  • Travis Goodwin
    Wholesaler · Charleston WV · Member since 2026 · 219 posts · 119 votes
    2mo

    For me, it comes down to transparency. If a wholesaler can clearly explain the numbers, actually has the property under contract, communicates well, and doesn't play games with hidden fees or fake offers, they're already ahead of most. Credibility is built through consistency, not just one conversation. I'm curious, buyers in here, what's the fastest way a wholesaler has earned your trust?

    0Reply
  • Igor Ganapolsky
    Englewood, NJ · Member since 2018 · 258 posts · 36 votes
    1w

    Building on @Chris Seveney's 4 criteria (21k+ posts, moderator) and @Carson Nordmann's buyer list insight — there's a way to demonstrate all 4 at once that most wholesalers miss.

    Chris wants to know they "know the market and area." Carson wants "proof of a real buyer list." @JD Martin (10k+ posts, moderator) wants "a property that's been properly qualified (liens, title issues, etc)." @Travis Goodwin (202 posts, 111 votes) wants transparency with numbers.

    Here's what that looks like in practice: instead of pulling generic leads from a subscription service, you cross-reference 3 county databases on the same property — Tax Collector (tax delinquent), Code Enforcement (violations), and Clerk of Court (probate/liens). When a property shows up in all 3, you have government-confirmed distress from 3 independent sources.

    That convergence demonstrates:
    - Market knowledge (you're pulling from county records, not generic lists)
    - Proper qualification (3 agencies already confirmed liens, violations, tax issues)
    - Transparent numbers (county data is public and verifiable)
    - Real deal flow (buyers can't get this from DealMachine or ListSource)

    When you approach a buyer with a property that has a tax lien filed last month, a code enforcement violation issued 6 weeks ago, and a probate case opened 90 days ago — that's not a generic lead. That's a motivated seller confirmed by 3 government agencies. The numbers explain themselves because they're public record.

    Most wholesalers can't show that because they're working from the same subscription lists everyone else has. County data convergence gives you exclusive deal flow that demonstrates credibility through verifiable evidence, not just promises.

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free