Education For All

3 Top Reasons Why You Need to Work With a Wholesale Investor

Most Real Estate Investors are looking to make a huge profit by flipping houses. I mean honestly who passes huge profits up? Even in times like this when people are struggling and they need to sell their house it can get hard to find a motivated seller with out a wholesaler. What if I told you that there were ways to get houses emailed straight to you every single day for pennies on the dollar?

Here’s what you need a wholesale investor that assigns contracts on Deeply Discounted properties at a fraction of the properties actual value. A wholesale investor will get a house under contract for literally 10-50 cents on the dollar, and will sell you the property for an unbelievable outrageously cheap price. The make money and you make a ton of MONEY. Yes I love win/win situations… and so should you.

The 3 TOP Reasons you need to do business with a wholesaler

They’ll Handle The Hard Stuff: Being a wholesaler takes a lot of knowledge and ability. They will hunt and track these deals down for you by using a variety of different strategies. They’re your HUNTERS! You can actually have these properties emailed to you as soon as they’re under contract. Heck you can be sitting on a beach somewhere with a drink in your hand and receive properties on your blackberry or iPhone… how easy is that? TOO EASY!

No More Stress: Honestly I truly hate working with realtors. I don’t really have anything against them but they use these long ridiculous contracts and they make you do unnecessary stuff in order to get something done. I don’t have time for any nonsense and you don’t either. With a wholesaler you don’t need to stress over the little things. You show your proof of funds, sign an assignment agreement, send a certified deposit to their title company and set up a settlement date.

Pick Of the Litter: It’s always nice to be able to pick out where your properties are and what they look like (would you agree?) With a wholesaler you’ll have a variety of houses to choose from. You can even tell them you only buy townhouses in a certain zip code. They’ll be calling, emailing, and texting you as soon as they find something that fits your buying criteria.

Teacher Education

Making a Good Wholesale Deal Can Get Even Better With Negotiation Tactics

Wholesalers make business deals on almost daily basis and negotiate with wholesale suppliers, manufacturers, and distributors, with or without predefined goals. Therefore before moving on to the tips and tactics to evolve appropriate negotiation, it is important to know how manufacturers approach negotiation process. Getting a good wholesale deal is not a big thing; the big thing is your negotiation ability to close the deal at better terms. Most of the times, wholesalers just focus on the end results and not on the process about “how” to reach at the desired results. This “how” is really important for closing a good wholesale deal.
Facts and Knowledge:
First of all, consider the fact that you are representative of your wholesale business and a professional negotiator. You must know the “product details” and its market value. You must know the person with whom you are going to negotiate with. Once you are in the session with him, be as professional, credible and confident as possible. Do not start with any irrelevant question or query, directly start with the details, minimum order quantity and shipping details. Style of negotiation does matter; don’t be over confident and intimidated.
Understanding the Market:
If you do not know the market you are dealing in, how would you know if you are going to make a good deal? You got to know the current demand of particular product you are going to buy or sell and also the market price of that product and the price that other suppliers are offering. The shipping charges, fares, inventory costs and the difference between resale price and the price you are going to offer for the particular product, knowledge of everything is important to have a good deal. Remember, your purpose is to earn more profit so ponder before you buy or sell.
Variety in Negotiation:
Negotiation is a complex communication process for wholesalers and requires both parties to agree on common grounds. For this purpose, a single strategy can not work for you in situations. A good negotiator does not always go for a particular strategy for a good deal but he always tailors different approaches in different negotiation sessions. The success of this technique lies in understanding the simple facts about products, company and the market. Be flexible but conscious in understanding the dynamics of the negotiation process.
Ask, Listen and Judge:
Wholesale pricing is the most important factor in closing a deal but it is not the only factor. There are always different motives behind every successful deal but you should not forget the money factor. Remember, whatever you are buying, the asking price is always high. Therefore start with lower bids. Be flexible in putting ahead your demands, try to listen, apprehend and then give your feedback. Close the deal at a common point where both parties are at ease in terms of profit. Don’t elongate the matter.
Once both parties reach at a common end point then convert the deal into a written offer. Discuss the concept, terms and conditions verbally but written agreement is the only best and practical option.