I did a double close one and it was nerve wrecking because the end buyer was going to back out unless I lowered my fee by $10,000. I did and it was very upsetting. This was my last deal and I am now just getting back into wholesaling.

@Ty Flip Man my first question to a new buyer is what has your experience with wholesalers been like? This way I can get a direct response on where they are mentally prior to discussing properties or fees.

@Ty Flip Man definitely lining up at least 10 strong end buyers. So far I have one . Two if you’re interested 😊

Hi Cierra! Your experience was very much like mine as far as taking a break due to a weak buyer. For me it was someone I had done a prior transaction with and they wanted to back out if I didn’t drop the fee from $17,000 to $7000 an hour from closing. I was devastated but did it. I hate losing and being taken advantage of and I really hate not being able to perform as agreed. But that was nearly 5 years ago and I’m back with a vengeance. I think based on that experience, building a buyers list and working those relationships will be just as important as searching for deals. That’s actually the main reason I linked up in this group to expose myself to others experiences and keep it moving. $7000 assignment fee felt like a loss but it still was a good payday. I just had the wrong end buyer. My prior deal I did with them and I had to double close because there was so much equity. It was a lesson learned in partnerships and now when I talk to buyers vet them to see if they have an issue with my fee upfront. Sometimes they see our fee as cutting into their profits and for me that’s a red flag 🚩. Best of luck to you!

@Ashley Pinson I’ve done before that and it does work better for me than other methods.