
But what are our ethics:
- Respect for people, law, processes and practices
- every state has rules for wholesalers, and practices that need to be followed
- respect the realtors, title companies, etc. on your team
- grow and support those groups. work in collaboration
- sellers and buyers deserve respect
- THIS IS NOT A BUSINESS WHERE WE TRY TO “STEAL” HOUSES. low offers are fine, with fairness and clear communication
- DIRECT, NO-DAISY-CHAIN OPERATIONS
- not direct on a deal? Fine. Get paperwork that connects you to the “top of the chain”
- VERBAL OR TEXT MESSAGE IS NOT A CONTRACT. NOR EMAIL
- honest, clear communication and contracts
- IDENTIFY YOUR ROLE AND ALL PARTICIPANTS
- AND/OR ASSIGNS OR AS NOMINEE ALWAYS
- ONE STATEMENT ABOUT ‘I MAY NOT BE THE FINAL OWNER’ IN DOC
- CLEAR CONTINGENCIES, DEPOSITS, ETC.
- FOLLOW THROUGH ON TIMELINES AND PROMISES
- ABILITY, DESIRE AND WILLINGNESS TO CLOSE ALWAYS
- without these things, you don’t have a contract.
- without these things, are we dealing honestly as a “cash investor”?
- sharing comps and other data with buyers and sellers
- the best way to win is to show them how you made your decision
- no mislabeling of team members or associates
- Sending a co-wholesaler to meet a seller, telling her he is the buyer. YOU WILL BE REMOVED
- following through on promises