Why Would You Ever Want To Make Money Wholesaling

I go to these real estate association meetups and there are a few wholesalers.

Some wear suits. Some seem interested in learning.

Everyone in the room is competing versus each other.

It’s like it follows some kind of law.

I don’t really think that people are making money after five years of doing it because they don’t have a lot of competition figured out.

The only one that I see that takes all of the money is the man at the front of the door providing access to the rest of the real estate professionals, which are investors that have some sort of association with the MLS.

What happened to the days when you bought at discount?

You had to find a good deal.

What are the good marketing channels for you to spend your time and money?

That’s about it.

Once you figure out marketing channels that are legal and attract buyers and sellers. You can get more buyers and sellers!

Associations are a valuable way to get buyers and sellers.

Use Landing Pages For Wholesaling To Create Access To Chinese Buyers

Blog your way to China!

That’s what I’m doing!

I think.

It appears that everyone wants landing pages and to wholesale real estate. Why not use landing pages in your wholesaling business?!

That’s an idea!

You might get a list of $180M cash buyers.

Realtors have pocket listings.

They have off market..

With a list of $180M cash buyers you can make some money.

If they match!

These cash buyer and motivated seller landing pages match!

You only need a few good buyers.

Everyone tells me you only need 3 good contacts.

It’s all about vetting them.

There are so many newbie investors or people that are creating websites that don’t have developers.

Everyone needs a website.

There are only a few cash buyers at associations over the span of a few years.

It’s like a military secret that there aren’t actually cash buyers at real estate investors meetups.

Maybe people have aspirations of becoming cash buyers.

How can you start when everyone is starting.

The best way is to focus on building links. Or handing out business cards for a few years.

You might get a couple cash buyers. But who knows if they are serious.

Cash buyers like to shop and look at what gets their attention. Which is motivated sellers.

Wholesaling is about access to buyers and sellers

Find a marketing channel that works for you — if you want — ideally your website.

Build your website to be the main channel of attracting both buyers and sellers. 

Use the cash buyer and motivated seller APIs to build landing pages.

You want your website to be the way that you attract both cash buyers and motivated sellers.

No one wants to enter a negotiation 

Unless you just like to talk.

Exit the negotiation when you know you are not going to get what you want and can get your next best alternative elsewhere.

You will look like an executive and save a lot of time throughout the day.

I have still not perfected this skill.

People in the real estate industry are aggressive and want that dollar!

You can use assignee

In a real estate purchase and sale contract add “and/or assignee” at the end of your name.

Sign the purchase contract in your name. Assign the contract to the buyer using an addendum.

I have lots of buyers and sellers and could be doing this all day.

Too bad it’s too efficient; I’d be cutting everyone out of deals!

There are millions on the table.

The deals you find can’t be on the MLS

Buyers and sellers do not like listings that are found on the MLS. They want something that is different, off-market, discounted, and can’t be found anywhere else.

Professionals keep pocket listings of off-market property.

You need a buyer or a seller to start getting more buyers and sellers because buyers and sellers attract each other.

Use your website.

 

Birds of a Feather