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Updated over 4 years ago on . Most recent reply

Answering sellers question of who I work for/buisness.
I live in nyc and I am a new investor/wholesaler with not much capital.
My question is how do I answer sellers when they ask me information on my business, llc, website, history, etc when I have none of those mentioned?
I dont want to come off as a rookie that is not legit. I intend on telling sellers that I do have a team and it is possible that I may assign the contract we make to another investor.
I have an attorney I will be using and a few potential cash buyers, but no reputable buisness to refer them to.
Most Popular Reply

"My question is how do I answer sellers when they ask me information"
"be forthcoming and honest about it, that in itself will go a long way." Great idea:
1) Tell them you don't plan on putting any escrow money in
2) Tell them you'll probably offer them <20% of FMV
3) Tell them you'll sell it to someone they don't know for a lot more that they won't see and you'll keep the difference
4) Tell them you don't have a real estate license
5) Tell them you can just walk at any time, so your sales agreement is not a guarantee of anything.
6) Tell them you won't do a fair CMA and you don't want them talking to anyone that knows what their house is worth
You'll feel better and can actually look them in the eye