Unicorn Buyer Pays 740K! | A Real Estate Surprise #paynelessflipping #virtualwholesaling

Name: Unicorn Buyer Pays 740K! | A Real Estate Surprise #paynelessflipping #virtualwholesaling
Uploaded: 2024-11-11T23:00:10+00:00
Duration: 43 s
Channel: Nathan Payne
Description: In this segment Nathan Payne recounts a real‑estate transaction where most offers on a property clustered around $650‑$670 k. An unexpected “unicorn”…

11 Nov 2024 · 1 min

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In this segment Nathan Payne recounts a real‑estate transaction where most offers on a property clustered around $650‑$670 k. An unexpected “unicorn” buyer—someone whose financing seemed mysterious—submitted a $740 k offer, far above the market range. Payne’s team chose not to disclose this outlier to the seller, instead presenting the typical range. The seller agreed to a $655 k price, which the team then sold wholesale to the unicorn buyer. The story highlights how high, atypical offers can be leveraged in negotiations and illustrates a wholesale flip strategy that capitalizes on a hidden, high‑paying buyer.

Chapters

I said, gave her the range, say, let me run it by some people. Most of the offers were coming in around $650,000, $670,000. A unicorn buyer, that means someone that no one knows how he's able to pay what he's got and what he's doing, but he just wanted the house, paid $740,000. Oh, so that's way more than everybody else. So we were like, hey, you know what, the average offers are around here. We didn't tell her about the unicorn because it's a unicorn to us, it's a unicorn to her. Like, it's, it's just crazy. So we're like, most offers that were the range is around $650 to $670. She's like, it's okay if we can do this. Like, I think, I think we actually settled on like $655. So the range I was giving you is wrong, but she's like, yeah, if you can do $65, $655, let's go. And we sold wholesale to the unicorn.