When a real estate wholesaler finds a strong deal, multiple buyers show up fast and compete for it. The best offer wins the contract. Weak deals take more work, but good ones sell almost instantly because strong properties are scarce.
Chapters
How quickly do buyers start yes or no to your deal after seeing the property? Right after. They will call you leaving the property and it's either, hey, yeah, this is something we want, or no. The whole premise of wholesaling real estate is selling good real estate deals. Buying good real estate deals is very competitive. So when I have a good deal, it's not like I have one buyer. I typically have like 3 or 4, and it's very easy to start pitting them against each other. They call, they're like, hey, hey, look, it's something I'm interested in. Let me go back to the office, check with my partner, blah, blah, blah. I'm like, yeah, no problem. I got another guy coming and whoever accepts, and price and gets the MDN first, gets it, then all of a sudden they're like, oh no, no, well here, I'll give you an extra $5 grand, whatever, right? They want it. It's like, hey, let me give you this house with a bunch of built-in equity. Like, you know, they want it. It's like selling drugs in a trailer park, all right? It's easy. Like, when you have a good real estate deal, it moves. Now, not every single deal you're gonna get is a home run real estate deal, and sometimes you have to work a little bit harder, but if you do your job right, it's