Wholesaling Real Estate: How To Find Buyers For Your Deals Using Zillow

Greetings guys and gals- I’ve got a brand new wholesaling houses Q&A video for ya today!

In this installment, I give some advice to a wholesaler who has a vacant lot under contract and needs to find a buyer for it before his time runs out!
 
Check out the video and discover how to quickly and easily use Zillow to hunt down active lot buyers in any neighborhood…

Enjoy the video and have an awesome day!

-Steph :)

  1. On February 09, 2016 at 1:42pm, Mikah REI said...

    This is a lifesaver Steph! I had written off Zillow as being worthless a long time ago but had no idea you could run comp reports or look at recent sales.

    Thanks for the valuable info once again. Next time your in the Baltimore area the beers are on me!

    • On February 10, 2016 at 8:43am, Stephani said...

      Hi Mikah,

      Zillow is can be pretty useful especially to those who don’t have access to the MLS. The only thing I’d caution against is trusting the “Zestimate” when determining a home’s value. It can be right sometimes, but most often it’s way off.

      And I’ll def take you up on your offer next time I’m in Baltimore!

      Cheers! :)

  2. On February 10, 2016 at 5:56am, Brandon W. Chase said...

    Thanks for the vid and keep them coming! Do you have any spots open in your coaching program right now Steph?

    • On February 10, 2016 at 8:44am, Stephani said...

      Glad you liked the video, Brandon!

      Unfortunately I am not currently taking on any more coaching students. I’ll let you know if anything changes, though.

      Take care,
      Steph

  3. On February 10, 2016 at 11:52am, Denise said...

    Wondering how you would know if these were cash sales if it were a house? Just look for low prices?

    • On February 26, 2016 at 9:32am, Stephani said...

      Hi Denise,

      In some areas, you can cross reference the property using the county clerk’s website to see if a mortgage taken out when it was purchased. Otherwise, though, you can’t know for sure just by looking at Zillow, but if it’s a really run down property that was purchased super cheap it usually was purchased with cash.

      Hope that helps!

      Steph

  4. On February 11, 2016 at 2:11am, Andrew Donnell said...

    Hi steph,I just want say thank you for your video on finding buyers,your been a big help thanks.

    • On February 26, 2016 at 10:16am, Stephani said...

      Glad you found it helpful, Andrew- thanks for stopping by! :)

  5. On February 13, 2016 at 11:11am, India said...

    How do you look for the comps on zillow on a property in different state and do I need to find friendly realtor,title company etc for that state if I’m doing a lease option/whloesale deal with this thinvestor.(I live in different state of where the home is) please reply this is a private message

    • On February 26, 2016 at 10:19am, Stephani said...

      Hi India,

      You can find comps on Zillow for properties all over the country- just plug in the city or zip code for the area that you are interested in researching, and it will pull up comps for that locale.

      If you’re wholesaling out of the area, you don’t need to actually live in the area to close the deal- the title company can send you the docs to sign and do a mail away closing.

      Hope that helps,
      Steph

  6. On March 10, 2016 at 7:59am, Edward said...

    Hi Stephan

    could give a point of view for a real exercise of wholesale ..
    There is a property that is not for sale but this deteriorated in an area where rehaber would find an opportunity.
    The property is in an area, which is also a thriving market for such business ..
    The property was spoken and agreed on a price before the inspection …
    The investor and final buyer is at hand …

    The day of the inspection costs will be determined
    repair and be given a final offer, putting the
    property under contract.

    the roll here would be ..

    controlling the property and then assign this to an end buyer. It could be done directly with the owner or right through a real estate agent? ..

    As would ensure my commission at closing? ..

    It is recommended, any attorney to play for this?..

    Thank you very much for sharing all information is very useful. this case for my lack of experience does not help and I want to ride in this car …

    Grateful to have good day ..

  7. On March 14, 2016 at 10:42am, Destini Ingoldsby said...

    Hi Steph,
    thanks so much for all that you are sharing. My husband and I have just started with real estate investing, I am struggling to find a realtor to work with, I have been told that you should work with a realtor when wholesaling from the MLS and I have been told that you don’t have too. I am getting ready to buy your Ninja course, but my biggest questions is… Do I NEED to work with a realtor to wholesale REO’s, or any other listings on the MLS. If so how do you go about finding one that will submit 10+ offers a week for you?

  8. On March 28, 2016 at 4:13pm, Cory Baker said...

    Steph this is Gold! Thank you. I tried many times to get that first deal done and was getting comfortable manipulating Redfin’s Home Value Tool but they’ve changed it. This looks like a viable alternative to do comps (recently sold similar properties) if one does not have access to the MLS.

    I kind of have been needing a jolt of REI enthusiasm and have been watching many of your videos today but now with some scars and different perspective. I had 2 properties on Option Contracts and neither panned out. I also worked with investors and did many of their NOD’s and Ugly Home seeking. Even, had their phone ringing at times or could track down info they couldn’t seem to access. I received NO compensation for that and burnt out 2 friend/partners that thought we’d have a shot as I was doing so much. Oh, well… Just Thank You! And, Thanks for breaking it down without constant upsell, etc. Love your videos. -Cory Investor Wannabe

  9. On March 29, 2016 at 12:55pm, eileen miller said...

    Hi steph I put a seller under contract but she have renters should i back out of the deal or go forward with the deal shes free and clear on the deed what should i do she put them in thier so people wont break the windows