Closing your first deal!!! #wholesalerealestate

Name: Closing your first deal!!! #wholesalerealestate
Uploaded: 2025-06-27T17:09:47+00:00
Duration: 59 s
Channel: Jay Mendez
Description: In this segment, Jesus Gabriel Mendez advises beginner real‑estate wholesalers to conduct deals virtually when operating in metropolitan markets…

27 Jun 2025 · 1 min

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In this segment, Jesus Gabriel Mendez advises beginner real‑estate wholesalers to conduct deals virtually when operating in metropolitan markets, especially when property price points exceed $300K. He explains that high‑price properties ($300K–$1M+) involve sellers with different financial situations and motivations compared to lower‑price owners, requiring more experience. For newcomers, he recommends focusing on lower‑priced deals ($100K–$250K) and using PropStream’s “light blue” and “dark blue” color filters to target appropriate leads. The overall message stresses tailoring approach to price tier and leveraging virtual tools to succeed early in wholesaling.

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Always recommend doing it virtually if you are in a metro market or a market where price points just doesn't make sense as a beginner, right? I can assume you're a beginner, not too sure, but anything after $300,000, $500,000, $700,000, $1,000,000, you need to have experience, you need to know exactly what you're doing because this type of seller, this type of client, this type of lead is in a completely different position. It has a completely different set of problems than someone that owns a property that's $100,000. $150,000, $200,000, $250,000, right? It's a completely different demographic where they're more aware of life, right? They're more aware of financial needs. They're more aware of their economic status, right? Someone that owns a $750,000 property, they're probably not going through financial hardship, right? Or normal motivation factors that go with properties that are in a smaller price point, you know what I mean? So it's two completely different people, two completely different approaches. And when I'm talking to someone that's a beginner, I always recommend them they stay in light blue or dark blue if you use PropStream as far Jesus Gabriel Mendez.