Nathan Payne says traditional real estate wholesaling is broken: the same deals circulate at different prices, wholesalers guess on fees, and buyers ignore overpriced listings. His 15-minute deal method closes wholesale transactions in fifteen minutes by cutting out the guesswork.
Chapters
And the old way of doing things, it doesn't work anymore because traditional wholesaling has become so saturated. Buyers will see the same deal 3 or 4 different times from 3 or 4 different people at 3 or 4 different prices. And to top it all off, traditional wholesaling doesn't know what price something is really a deal at. So they just guess and aim for the fences trying to make these huge assignment fees, and they advertise ridiculous prices to investors that are so far from where they would need to be at that the buyers don't even wait their time to reach out. So this was a perfect example of that. This was a deal that literally took me 15 minutes to do on a Friday morning because these opportunities are everywhere. I'm sure you get emails and see posts about, you know, people trying to sell wholesale deals all the time.