A wholesaler won a $35k deal with an offer $20-30k lower than competitors by removing the inspection period. The seller facing foreclosure needed speed and certainty more than price. Inspection delays are what kill most wholesale deals.
You know, are they worried about moving? Are they worried about, you know, what to do with a bunch of stuff? You know, anything at all like that, anything that, you know, could potentially be of value to them. Right. And you want to kind of give a few examples to get the agent thinking like, oh, okay, well, there is this or there is that. Right. And you want to try to pull out what are things other than just price are important to the seller. And so on this deal, this was a deal to where there was a lot of competition. There was a number of offers and our offer was like $20,000, $30,000 less than the rest of the competition. And there's a few reasons why they went with our offer. Number 1 was because we made an offer that no other wholesaler could compete with. What do I mean by that? Every wholesaler is making an offer with an inspection period, a 3-day inspection period, 5-day, 7-day, 10-day inspection period, whatever it is. Why? Because they need to get it under contract and then blast it out to their buyers list and hopefully try to fulfill on the promises that they made to the seller. The thing is, this is a seller that was about to lose his home to foreclosure.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
