Collecting hundreds of titles may work for the distributor, but doesn’t … In order to identify a good wholesale deal, it’s important to understand the fundamentals of what real estate wholesale is. In a previous discussion we focused on the questions a supplier needs to ask a distributor to determine if there is potential for a mutual beneficial business partnership. I believe taking the time to think about our business from an outside perspective to be justified and worthwhile. The sender thought he was emailing one of the Suppliers we list. We were accidentally sent an email by someone who is a Member of our WBI Certified Wholesale Directory recently. These are the questions that I ask each and every time I talk to a seller. Thanks for dropping in here and passing along some simple but awesome advice for the newer real estate wholesalers and flippers out there looking for a script and questions to ask for motivated house sellers! In fact, these questions are so important that if you're already buying from a particular supplier and you forgot to to ask a few of these questions, you'll probably want to go back and ask … Bryan! He was […] Here are 7 questions to ask a distributor before committing your brand: 1. You can simply call or email the wholesaler, tell them that you’d like to carry their goods, and ask them how to make a purchase. Knowledge is power, and talking to your customers can help you gain essential knowledge about your markets and competition, maintain and defend your positioning within your industry, and spot new opportunities for growth. The more professional a Wholesaler thinks you are, the more anxious they will be to deal with you. Looking at a distributor's portfolio will tell you at a glance if this is a firm that can represent your brand. . The questions you ask upfront can determine if you’ve found the right partner, or just a fast-talking VP bent on building a library of titles and playing the volume game to make a profit. That’s it! Instead, somehow, he managed to email us. “Frank, I agree these are questions we must ask ourselves; they caused me to pause and ponder. but can they walk the walk? Previously we looked at some common questions that buyers typically ask business owners in their initial “meet and greet” sessions. We appreciate it and look forward to bringing you back and diving into even more advanced stuff next time! I used them as an exercise with my team to think about our overall strategy. The questions you ask, and how and when you ask them, determine both the value of the data and the amount of brand equity you win or lose. Here are 15 questions that I feel are essential to ask sellers when they contact you about selling their house. If you’re in the US, they’ll probably ask you for your sellers permit for tax purposes and tell you their minimum order requirements. 4 Warning Signs To Spot A Bad Wholesale Deal Wholesaling is the act of buying a property, marketing it to a potential buyer, and then selling or assigning the contract to a buyer. When I ask these questions, I am not just trying to find out the details of the house and how much they want, I . They'll flatter you and promise you the moon . Whether you operate using three suppliers or three hundred, these questions will help you to analyse potential suppliers’ processes and effectiveness, establish their ethical status, and possibly even give you room to negotiate on price. A well-crafted, well-timed customer satisfaction survey deepens your customers’ emotional investment by motivating them to respond and rewarding them for doing so. When an opportunity to engage a distributor pops up, it can be incredibly tempting to just say yes. 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