Nathan Payne explains why great deals fail: wholesalers spend 28 to 45 days finding buyers after committing to properties, and over $1.4 billion in deals collapse annually because no one's lined up to buy. The fix is securing buyers first, not hoping the deal itself will attract them.
Chapters
The problem isn't the market. The problem is the model. You probably heard this one too. If the deal is good enough, the money will find you. Is it actually true? Nah, it's not. That belief is dead wrong. Great deals fall apart every single day in this business because buyers weren't lined up first. Data shows that new wholesalers take 28 to 45 days just to find a buyer, and over $1.4 billion in deals fall apart every year. Not because the deal was bad, but because there was no buyer ready to move. That's the flaw, and it's one of the easiest ones to fix. This is one of the most dangerous beliefs in the industry right now because it forces you to guess everything up front, then pray that you guessed right, and you hope the deal goes through.