Nathan Payne submitted a lowball offer on a distressed property and the real estate agent called him a crook. Payne explains that low offers are standard in wholesaling because flippers have to cover renovation costs, labor, and risk before reselling. Agents often don't understand the actual expenses involved.
Just got called a crook by a real estate agent because I made a lowball offer on their deal. Part of wholesaling and becoming a fix and flipper is making offers that come off to people extremely low. One thing people don't realize is how much money and time it takes to rehab a property that's distressed and has a lot of issues in order to resell it for retail. So we can take a room like this that had way more stuff in it than it does right now and turn it to something like this. So next time you make an offer that's low because the house needs a ton of work and an agent says you're a crook because you're offering so low, They just don't understand how much money, time, effort, risk goes into flipping a property. So don't take it personal. Follow me for more tips and tricks on how to wholesale and fix properties so you can be a part of turning in houses that are distressed and look terrible into houses like this.
Why Traditional Wholesaling Keeps Failing You (Use This Pre-Flip Method Instead)
