Wholesaling to Builders
I just got a lot under contract in zip code 85254 Scottsdale, AZ which is a hot hot neighborhood. What is going on in this zip code is Builders are competing for old houses. Their desire is to raise them and build a 3-Million+ dollar mansion. If you drive around this area, that’s exactly what they are doing.
My Strategy is to get these houses under contract myself, then sell them my contract. This allows me to make money upfront in the assignment fee and to make money as the Realtor of record. Think about that for a second. Even if I sell my position as the Buyer, I am still the Realtor of record representing the Buyer. So I can make money as the Investor and use my license.
What value do I bring to the Builders? I am scouring the area for deals at the right price. Once I get them solidly locked down under contract, I allow the Builders to take over my position. Builders need lots to build. Builders are super busy. Builders only make money if they can build. So my value is in hand delivering a lot ready to go with a bow on it.
What value do I bring to the Sellers? I have a core group of Builders who are super rich. They buy for cash and can act exceedingly quickly. They decide quickly. I am replacing my financing contingent offer with a cash offer. I offer the Builders the option to inspect the property fast since I am an AZ Home Inspector. This moves the project along at break neck speed.
Why am I tell you this? If you are interested in learning how to Wholesale Real Estate, that’s my bag. If you are interested in Buying investment property, that’s my bag. If you are interested in Buying a primary residence, that’s my bag. Or if you are interested in Selling your property, I do it for a 5kflatfeelisting.com, which literally saves you thousands. If you are interested in Selling Real Estate as an Agent or already are an Agent, my team does 120 transactions per year, want to learn how?
Thanks for the quick chat, see the associated video. Meet Mia and myself on www.5kflatfeelisting.com.
Buyers get: Sellers get:
FREE Home Inspection 5k Flat Fee Listing
FREE Termite Inspection FREE Home Inspection
FREE Home Warranty FREE Termite Inspection
Best,
Geoff Nowlin, Phoenix Realtor
480-466-3737
