A wholesaler walks through an offer that won a $35k deal: zero due diligence, $50k earnest money, and the seller gets half the purchase price at closing plus 14 days to move out before paying the rest. The seller's agent calls it absolutely amazing.
So I told the agent, I was like, oh, okay, well, let me ask you this. If— all right, guys, if, if is one of my favorite words when negotiating. You'll hear me say it all the time. Well, okay, Miss Seller, or Miss Agent, well, let me ask you this. If we were able to make an offer that was zero days due diligence, if it had a $50,000 non-refundable earnest money deposit, and if we had an agreement to where, you know, in the agreement to where the seller, we could close on the house and the seller could stay in there for 14 days. We would close on the house, the seller would get half of his money upfront. He would have 14 days to take his time, find a place, move out, and he'd have money to do it with. And then at the end of those 14 days, you know, when he moves out, the rest of the money would be released to him. Is that something that would be valuable to the seller? What does the agent say? She's like, oh my gosh, like, yes, like that would be absolutely amazing. And so that's why we made our offer.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
