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4 Grave Mistakes REAL ESTATE WHOLESALERS Should NEVER Make📍

One of the most commonly asked questions by many sellers I talk to is this, “what is a real estate wholesaler?”

So a real estate wholesaler is a person who finds deeply discounted properties using marketing or prospecting…

With the intention to get the house sold by

  1. Locking the property under contract and
  2. Assigning the equitable rights of the contract

…to an able and willing buyer,

In exchange for a Real Estate Wholesaler Assignment Fee.

My highest fee from one single deal is $82,000; many have made as much as $250,000 without touching or fixing the property.

So real estate wholesaling is a real estate investing strategy that involves an investment of time and marketing skills.

And more importantly, sellers are asking this question because people are calling and introducing themselves as real estate wholesalers.

So these are the only 7 Questions that MUST get answered to your PREQUALIFY Sellers.

Here are 4 things that real estate wholesalers should never do in this business….


(1) Never Call Yourself a Wholesaler

The top producers in real estate wholesaling never reference themselves as wholesalers.

Because there is no better way to give yourself away as an amateur rookie and look like a predator

And more so, it confuses the hell out of your prospects.

Therefore, you are an investor.

So do you have that kind of money?

Maybe, not; at the very minimum, you are part of an investor network and you will need that confidence when dealing with sellers.

(2) Never Participate in Oral Agreements

I know.

We say that our work is our bond but not in business.

Oral agreements are only good enough to follow up on until you have the agreement in black and white.

And by the way, your contracts are only as good as the motivation level of your seller.

(3) A PRO Real Estate Wholesaler Never Wait for…

Once you are in the flow of a signed sales contract with a seller, you are waiting on them…

As in, service and like a waiter.

So never waste your time waiting for a potential seller.

Get it? Wait on but never wait for.

(4) Never “Work Around” a Non-Motivated Seller

The deal breaker (for a real estate wholesaler) is non-motivated sellers.

Because you simply don’t have time for it.

So if you are doing things right, other seller-leads should be waiting in your pipeline to be “waited on.”

And as far as the seller is concerned, you are not a real estate wholesaler.

You represent a highly sort after investor network that will buy the house from the many options in your pipeline.

If the seller feels like they are helping you out, the prospecting was wrong.

They are feeling more special than they need to feel.

Sure you should make them feel special; they shouldn’t be feeling special with respect to the problem you are there to solve.


FREE BOOK |PDF | Amazon Kindle/Paper | Audio Book

What is a Real Estate Wholesaler?

Below is a question for us to address this…

“So I’ve been working with a seller for a week and we came to an oral agreement on an offer yesterday.

She said she wanted to speak with her son before taking the next step.

But a few hours ago, I got this voicemail from an agent who claims to be working with the seller but the seller never told me.

Any way I can work around this?”

Enjoy the video.

Are you STRUGGLING in launching or... GROWING your Real Estate Investing & Wholesaling business?- FREE BOOK ($97 Value)

Are you having a difficult time generating motivated sellers, qualified buyers and closing your 1st or NEXT deal? Is your dream to build an empire to sustainable heights heading down the drains?
Smart Real Estate Wholesaling The creator of myEmpirePRO, OLA Tux Abitogun, is giving away all the secrets in this book... Smart Real Estate Wholesaling PLUS BONUS BOOK "Real Estate Money Secrets" ...and he is giving away a limited amount of both books for free ($97 Value) for a limited time. Would you like the secrets of learning, earning and building your lifestyle, business and real estate empire simultaneously with leveraged and minimal effort? This book is your gateway to 10X and may be even 100X your business and income using the art and science of attraction. Smart Real Estate Wholesaling also serves as a manual for all types of businesses, aspiring and experienced entrepreneurs. In addition to the download of these 2 books, I will also give you exclusive access to a free bonus an optional million dollar opportunity to be coached and mentored by OLA personally. Simply tell us your email address below and the book access will be instantly sent to you. You will have options for Paperback sent to you as well as Kindle or PDF downloads.

Padilla 5.0 out of 5 stars ⭐⭐⭐⭐⭐ Awesome book!!
Excellent read!!

Cliff R. 4.0 out of 5 stars ⭐⭐⭐⭐ Full of actionable, useful information for sure.
The author does an excellent job of cutting through much of the real estate wholesaling BS that is prevalent in the market. That is to say while most gurus are teaching what they DO NOT DO, Ola outlines steps of creating value at the center of your marketing. His down to earth delivery just makes sense. He speaks of leveraging technology, the importance of multiple income streams, and an overview of the real estate wholesaling business in the new age of business marketing. For example, he mentions that many people don't even like their family members stopping by unannounced, so how can you expect them to be ultra receptive to a stranger popping up looking to capitalize on a misfortune. Of course that's not how the "Door Knocking" conversation would be framed, but that's exactly what it is. All in all I enjoyed the read and if you plan on making action your focus, you will too.

Brian Ellwood 5.0 out of 5 stars ⭐⭐⭐⭐⭐ Solid Advice From Someone Who's Been There
Ola is a legit real estate investor and marketer. He's a real student of wholesaling and marketing - his approach to marketing for wholesale deals - ADD VALUE - is recession proof and feels right. Don't pass up this book!

Melton Thomas 5.0 out of 5 stars ⭐⭐⭐⭐⭐ A true mindset shift!
As a virtual real estate wholesaler and investor, it makes sense to me to optimize my approach and use technology to drive. This book gave me a clear, concise framework that I could leverage and implement!

stacy 5.0 out of 5 stars ⭐⭐⭐⭐⭐ Amazing
This book is amazing and very beneficial. The author is very knowledgeable on the concepts at hand. Definitely a great book to read.

Is real estate wholesaling worth it?

If you understand that wholesaling real estate is about your marketing skills and ability, it is worth every effort you apply to it.

How do you become a real estate wholesaler?

Becoming a real estate wholesaler does not require any licensing in most states to get started.

But as with any viable business in life, it’s only worth if you will put in effort in acquiring a few skills.

Particularly, success as a real estate wholesaler requires marketing skills.

How much money do you need to start wholesaling real estate?

Using the smart wholesaling formula, all you need is $300 but it can take a lot less if you don’t value time and have time to invest in manual marketing methods.

Is wholesaling real estate easy?

As simple as real estate wholesale is, it is not easy. But that’s why our competition in the business when it come actual doers are very low.