Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

7
Posts
0
Votes
Kendra Wilson
  • Omaha, NE
0
Votes |
7
Posts

Wholesaling question (newbie)

Kendra Wilson
  • Omaha, NE
Posted

Hi, I am incredibly new at Wholesaling, and I am learning as I go. My question is regarding what the house is assessed for and how that works when I make an offer for way less than what it is assessed for? How does that effect me and the seller? If the house is assessed higher than what I offer, are buyers most likely going to turn down my offer, from your experience? Thanks in advance!! 

Most Popular Reply

User Stats

1,018
Posts
328
Votes
Dan Barli
  • Attorney
  • Clifton, NJ
328
Votes |
1,018
Posts
Dan Barli
  • Attorney
  • Clifton, NJ
Replied

Hi @Kendra Wilson the assessment of the home is generally not indicative of the value of the home. Regardless of if it is, wholesaling works with motivated sellers who NEED to sell and are looking for a way out. You are there to provide that avenue for them. If they don't accept your offer, that's fine - just move on to the next seller.

Loading replies...