Hi my name is Javon. Im have a quick question when it comes to wholesaling. How do you communicate with the seller, bank or listing agent that your intentions are to sell the contract to another buyer? And do you do this before OR after you sign the Purchase and Sell Agreement?
Many banks & agents frown on that or prohibit it altogether in my experience. Best to deal with owners IMO.
You should be marketing directly to the home owners. I wouldn't rely on going through banks or agents.
When talking to the owners, you need to be 100% honest with them. Anytime you feel you're answer is something they don't want to hear, take a breath, suck it up, and be very clear and honest with them. If you're goal is to deceive them, then you will, and probably should fail at doing this.
The benefit you offer to the seller is somewhat unique and applies to only about 5% of the sellers out there. If you're services are not what they need, then they should be listing their property along with the other 95%.
@Mark Durham thanks for the advice. Will do that!
@Barry Pekin ok great! I was stuck on the communication aspect of this. Thank you for the advice!