How We Work With Johnson County, Texas Wholesalers and How We Don’t

We’ve recently both bought and sold properties involving wholesalers. We also receive a lot of useless spam pitches from wannabe wholesalers/flippers.

 

We purchased a property in Cleburne from a wholesaler. He was very clear up front that he was a wholesaler and that he had a property under contract. He told us the price that he wanted for the house. It was an acceptable price for us, so we did not negotiate with him. We view transactions like this as partnerships, so we want him to want to work with us again rather than feeling like he was squeezed for every last dollar of profit he could make. It’s the difference between long-term and transactional relationships. We asked if we could send our our property manager over to check out the house. He and she coordinated a time to walk the property, and after the property walkthrough, she gave me a rundown of the repair costs and the after repair value. Subsequently, we confirmed with him, scheduled the closing, and closed the next week. Easy peasy, and both sides were happy; he got the price he wanted for his flip and we paid an acceptable price to add to our portfolio.

 

We also recently sold one of our Cleburne properties to a wholesaler. He had contacted our property manager, who knew of the group. He was very upfront with his process:

Hey Misty, before I send over a contract, I would like to go over and take a look at the property, but I wanted to let your client know what I’m thinking before we disturb the tenants.

 

For it to work for us I would like to offer your client $X. our buyer will cover all closing costs excluding any taxes, liens and agent commission.

 

I would ask for a 5 day option period in order for us to try to sell the property. I will put it out at $Y and set up a single showing at a specified day and time for our buyers to come out and view the property. I can let you know within an hour of the showing if we were able to sell it or not and we can move forward or terminate the contract so the property isn’t tied up.

 

I wanted you to know the price I’ll be putting it out at because I’m not just trying to throw a low ball offer at you.

 

He was clear about his process and we knew that he had the buyers and had done deals before, so we were comfortable moving ahead with this process because of this person’s transparency. The evening of the showings, we had an offer for $X, which we signed, and we closed two weeks later. Again, easy peasy because all parties were happy. The buyers got a property they wanted at an acceptable price. The wholesaler got $Y-$X as a flip fee. We sold a property at an acceptable price to us. Simple.

 

However, I’ve also encountered a lot of wholesaler/flipper wannabes. Here’s an example of a recent exchange from someone who contacted me via this website:

 

[INSERT CRAPPY “I BUY HOUSES” CLIPART HERE]

Hi my name is ***** *********

Im a investor/wholesaler

Please add me to your buyers list

Thanks

Contact Info

***** *******
XXX-YYY-ZZZZ
[email protected]
‪(XXX) YYY-ZZZZ‬

Tue 6:12 PM

Message by You: Hi *****! Thanks for reaching out. If you can send me proof of funds, I’d be happy to shoot a property over to you. We can communicate via email if it’s easier…whatever works for you., Wednesday, January 12 2022, 9:33 AM

Message by ‪(XXX) YYY-ZZZZ‬: Ok thanks, Wednesday, January 12 2022, 11:31 AM
Ok thanks

Message by You:
Safe to assume that you don’t have funds?
Thu 11:26 AM

Message by ‪(XXX) YYY-ZZZZ‬: I have funds and my buyers list has funds as well, Thursday, January 13 2022, 12:02 PM

Message by You: Excellent. After you shoot over the proof of funds, we can do business., Thursday, January 13 2022, 6:39 PM

 

Since then, it’s been crickets.

 

Let’s be clear. Having funds is like pregnancy. You either have them or you don’t, just like you’re either pregnant or you aren’t.

 

If you have funds, then showing that you have funds is very simple. We provide proof of funds with every offer that we make just to show that we’re not faking it until we can make it.

 

The moment you tell me that you are an investor, I’m going to ask for proof of funds. It’s that simple. Investors have capital. Proving it is simple.

 

We are happy to work with wholesalers, flippers, and investors. We have inventory that investors may want. We have capital to purchase properties that the flippers/wholesalers have. If the numbers work, we can do a deal.

 

However, in order for us to work with you, we need transparency. We also need a certain level of sophistication so that we don’t waste anyone’s time. If you want to wholesale our properties, that’s fine. Show us the proof of funds that you and/or your investors have. Don’t just tell me “our investors have a lot of money” or some other fluff. SHOW ME THE FUNDS. It’s very easy, and any investor who has done a deal before will be able to comply quickly.

 

Meet those criteria? Want to work with us? Contact us and let’s see what we can do!

 

    You can also call or text us at (972) 808-6913.

    How to Deal With Right Price and Wrong Terms for Your Johnson County, Texas House

    Recently, we purchased a property in Burleson from a family who needed to move from their house.

     

    The owners were an older couple with a special needs child. The child lived upstairs and needed help with his activities of daily living. Their living situation was simply untenable, and they needed to move to a single floor house.

     

    They had received an offer at a price that they would accept, but that required them to move out within two weeks.

     

    Fortunately, their daughter knew our property manager, and the daughter asked Misty about her parents’ situation.

     

    Misty contacted us and explained the situation. We were looking for a property, and we agreed to purchase the house and rent it back to the owners for a slightly reduced rent rate while they built a new house to meet their needs with the proceeds of the sale. Because they had a lot of items they needed to get rid of and because the house would need work after they left, we got a dumpster and asked them to clean out the house, which they did, while we worked on the exterior while they were still there. We also helped them source a mover when the new house was ready and agreed to split the costs 50/50 with them.

     

    In this situation, everyone got a good deal. The sellers got a price they wanted with terms that they could accept as well as getting a faster closing than they could have otherwise received, and we were able to purchase a house at a price that was acceptable to us while working with their constraints.

     

    In the current market in Johnson County, Texas, many offers require the seller to close and be moved out within a week or two. Sometimes that type of offer doesn’t work for you as a seller. You need time to find another place to live.

     

    If you have an offer with a price that you could accept but terms that you could not accept, contact us and see if we can do something better for you.

     

      You can also call us at (972) 808-6913.

      Sell Your Godley Home Fast: March 26, 2021 Market Update

      We buy houses in Godley. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

      It is important to know your competition if you want to sell your Godley house fast to a cash buyer who can close in 7 days.

      To get a better sense of your competition, let us look at what is currently on the market in Godley, Texas, and what has sold in the past 7 days.

      03/19/21 03/26/21 Difference
      Number of Properties for Sale 18 15 -16.7%
      Average Price $484,990 $539,725 11.3%
      Average Days of Market 54.8 64.6 17.9%
      Number of Properties Sold in Last 7 Days 3 6 100.0%
      Average Price $259,167 $357,199 37.8%
      Average Days on Market 7.0 49.0 600.0%

      Do you want to go up against 15 properties, all looking for buyers, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

      If you need to sell your Godley, Texas house fast, contact us, and see if we can help you out.

        You can also call us at (972) 808-6913.

        Sell Your Grandview Home Fast: March 25, 2021 Market Update

        We buy houses in Grandview. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

        It is important to know your competition if you want to sell your Grandview house fast to a cash buyer who can close in 7 days.

        To get a better sense of your competition, let us look at what is currently on the market in Grandview, Texas, and what has sold in the past 7 days.

        03/18/21 03/25/21 Difference
        Number of Properties for Sale 9 7 -22.2%
        Average Price $603,644 $681,500 12.9%
        Average Days of Market 46.4 58.9 26.9%
        Number of Properties Sold in Last 7 Days 2 0 -100.0%
        Average Price $280,000 $ -100.0%
        Average Days on Market 11.0 .0 -100.0%

        Do you want to go up against 7 properties, all looking for buyers, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

        If you need to sell your Grandview, Texas house fast, contact us, and see if we can help you out.

          You can also call us at (972) 808-6913.

          Sell Your Cleburne Home Fast: March 24, 2021 Market Update

          We buy houses in Cleburne. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

          It is important to know your competition if you want to sell your Cleburne house fast to a cash buyer who can close in 7 days.

          To get a better sense of your competition, let us look at what is currently on the market in Cleburne, Texas, and what has sold in the past 7 days.

          03/17/21 03/24/21 Difference
          Number of Properties for Sale 46 40 -13.0%
          Average Price $344,370 $343,805 -0.2%
          Average Days of Market 67.9 75.8 11.6%
          Number of Properties Sold in Last 7 Days 14 11 -21.4%
          Average Price $246,393 $266,672 8.2%
          Average Days on Market 29.2 38.1 30.5%

          Do you want to go up against 40 properties, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

          If you need to sell your Cleburne, Texas house fast, contact us, and see if we can help you out.

            You can also call us at (972) 808-6913.

            Sell Your Burleson Home Fast: March 23, 2021 Market Update

            We buy houses in Burleson. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

            It is important to know your competition if you want to sell your Burleson house fast to a cash buyer who can close in 7 days.

            To get a better sense of your competition, let us look at what is currently on the market in Burleson, Texas, and what has sold in the past 7 days.

            03/16/21 03/23/21 Difference
            Number of Properties for Sale 49 54 10.2%
            Average Price $745,216 $600,054 -19.5%
            Average Days of Market 107.4 100.9 -6.1%
            Number of Properties Sold in Last 7 Days 22 18 -18.2%
            Average Price $338,996 $319,138 -5.9%
            Average Days on Market 41.3 26.4 -36.1%

            Do you want to go up against 54 properties, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

            If you need to sell your Burleson, Texas house fast, contact us, and see if we can help you out.

              You can also call us at (972) 808-6913.

              Sell Your Johnson County Home Fast: March 22, 2021 Market Update

              Sell My Johnson County House Fast. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

              It is important to know your competition if you want to sell your Johnson County house fast to a cash buyer who can close in 7 days.

              To get a better sense of your competition, let us look at what is currently on the market in Johnson County, Texas, and what has sold in the past 7 days.

              03/15/21 03/22/21 Difference
              Number of Properties for Sale 209 192 -8.1%
              Average Price $523,662 $507,843 -3.0%
              Average Days of Market 84.6 89.4 5.7%
              Number of Properties Sold in Last 7 Days 48 51 6.3%
              Average Price $308,173 $269,952 -12.4%
              Average Days on Market 29.4 22.2 -24.5%

              Do you want to go up against 192 properties, all looking for buyers, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

              If you need to sell your Johnson County, Texas house fast, contact us, and see if we can help you out.

                You can also call us at (972) 808-6913.

                Sell Your Godley Home Fast: March 19, 2021 Market Update

                We buy houses in Godley. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

                It is important to know your competition if you want to sell your Godley house fast to a cash buyer who can close in 7 days.

                To get a better sense of your competition, let us look at what is currently on the market in Godley, Texas, and what has sold in the past 7 days.

                03/12/21 03/19/21 Difference
                Number of Properties for Sale 15 18 20.0%
                Average Price $489,311 $484,990 -0.9%
                Average Days of Market 74.6 54.8 -26.5%
                Number of Properties Sold in Last 7 Days 2 3 50.0%
                Average Price $348,973 $259,167 -25.7%
                Average Days on Market 45.0 7.0 -84.4%

                Do you want to go up against 18 properties, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

                If you need to sell your Godley, Texas house fast, contact us, and see if we can help you out.

                  You can also call us at (972) 808-6913.

                  Sell Your Grandview Home Fast: March 18, 2021 Market Update

                  We buy houses in Grandview. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

                  It is important to know your competition if you want to sell your Grandview house fast to a cash buyer who can close in 7 days.

                  To get a better sense of your competition, let us look at what is currently on the market in Grandview, Texas, and what has sold in the past 7 days.

                  03/11/21 03/18/21 Difference
                  Number of Properties for Sale 6 9 50.0%
                  Average Price $713,150 $603,644 -15.4%
                  Average Days of Market 53. 46.4 -12.5%
                  Number of Properties Sold in Last 7 Days 1 2 100.0%
                  Average Price $279,900 $280,000 0.0%
                  Average Days on Market 13.0 11.0 -15.4%

                  Do you want to go up against 9 properties, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

                  If you need to sell your Grandview, Texas house fast, contact us, and see if we can help you out.

                    You can also call us at (972) 808-6913.

                    Sell Your Cleburne Home Fast: March 17, 2021 Market Update

                    We buy houses in Cleburne. We are cash buyers who use our own funds to buy. We can usually close in 7 days.

                    It is important to know your competition if you want to sell your Cleburne house fast to a cash buyer who can close in 7 days.

                    To get a better sense of your competition, let us look at what is currently on the market in Cleburne, Texas, and what has sold in the past 7 days.

                    03/10/21 03/17/21 Difference
                    Number of Properties for Sale 52 46 -11.5%
                    Average Price $348,443 $344,370 -1.2%
                    Average Days of Market 69.5 67.9 -2.3%
                    Number of Properties Sold in Last 7 Days 15 14 -6.7%
                    Average Price $252,366 $246,393 -2.4%
                    Average Days on Market 57.1 29.2 -48.9%

                    Do you want to go up against 46 properties, all looking for buyers, or would you rather stand out to a cash buyer who can close quickly?

                    If you need to sell your Cleburne, Texas house fast, contact us, and see if we can help you out.

                      You can also call us at (972) 808-6913.