Nathan Payne warns real-estate sellers not to trust every offer. When a seller got a $370,000 offer, his cash-buyer partners valued the property at $300-$325k, suggesting the high offer wasn't real.
Chapters
Because I'm not coming in trying to beat specific numbers, right? Like, I'm not trying to be like, okay, let me see if I can beat this guy's offer at $370,000. Because I don't even know if he's good at— if he's legit, a real wholesaler that knows what he's doing, or if he just threw out a number and he's just trying to lock it up. So what I say is, hey, give me the process. Like, this is where I would be. Give me the process. It won't take very long. Give me some time to run some of the cash buyers I work with through that I flip properties with. And let's see the realness. Now, if they send 10 people through, I'm like, hey, look, we're all around $300,000. $320,000, $325,000 for this to make sense. You got that offer at $370,000. You can go with that, but I don't know who that is. I don't know how they're doing it. And then they might be like, yeah, I did feel a little