Nathan Payne breaks down why low-ball offers based on guesses destroy deals before they start. Sellers lose trust, buyers think you're incompetent, and even when something closes, you can't repeat it. The cycle wastes time and kills any chance of scaling.
Because what happens when you do the guess, stress, and cancel model is you make a lowball offer. You guess what it's worth or guess where you need to be, and it offends the seller, right? And then you lose the trust of the seller. Or you get lucky and you get it under contract when they just believe you. Then you try and find a buyer and your offer is off, and the buyer thinks you're bad at the business and he doesn't want to take your calls anymore. He doesn't want to look at your offers or your deals. That is another issue of the guess, stress, cancel model. Buyers think you suck. They think you're not good. They The other problem with the guess, stress, cancel model is it allows you to get deals sometimes, and when you do get deals, you think that's the way to do the business. But then it's really hard to repeat it, and you're stuck in the cycle of just trying to get deals, trying to guess, trying to get them under contract, then wasting your time dispoing.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
