When putting a property under contract. What do you tell the seller as to why you need to put it under contract for 30-60 days when you say ( quick close cash)?
Thanks for the question moewhittle. It is a great question and I appreciate you asking it so that I can explain how I see it.
First, if I were to use quick close cash as a predominant benefit in my marketing, I would be primarily looking to buy the property myself for cash and would be able to buy the property for cash and close quickly.
I am reading into your question (and the fact that you are posting in this particular forum on wholesaling) that you are probably trying to justify saying that and then getting a contract with the intention of wholesaling the property.
If that is the case and the reason you are not buying it yourself is because the price and terms are just not right then tell them the truth. If the price was at $X I would buy it for cash and could close in a few days. At the price you need, $Y, I would need some time to line up my buyer before I could close. While I do have a list of buyers that I think would be interested at this price, I do need some time to coordinate with them and if they are not interested to work my network and add some marketing to find my buyer.
Be a force for good and come from a spirit of helpfulness. If you are not helping the seller and their situation with your solution then you should not be doing the deal at all in my opinion.
I hope that helps, but if you have any other questions, please do let me know.
Thanks James your response makes perfect sense! :beer :smile
I am really glad to be of service. Please let me know how it goes or if I can help in any other way.
By the way, I love hearing about people going out there and helping buyers and sellers and themselves.