On-Market vs Off-Market Wholesaling with Joey Bibbo

Real Estate Wholesaling Syndicate

In this podcast episode, host Ky Logue and guest Joey Bibbo discuss the differences between on-market and off-market real estate deals. Joey introduces himself as a real estate wholesaler with experience in the industry for over three years. He shares his journey, which involved transitioning from a career in the insurance industry to full-time wholesaling.
Joey discusses the challenges he faced, including the difficulty in closing his first deal, the impact of market fluctuations, and the importance of effective marketing. He emphasizes that on-market wholesaling involves reaching out to properties listed on the Multiple Listing Service (MLS) with the goal of working directly with real estate agents.
Joey explains his approach to on-market wholesaling, including identifying potential properties that have been listed for 45 days or more, conducting negotiations, and using his knowledge of property values and condition to communicate effectively with agents and sellers. The conversation also touches on competition in both the on-market and off-market sectors of the real estate industry.
Overall, the episode provides valuable insights into the world of real estate wholesaling, particularly focusing on on-market deals and the strategies employed by professionals like Joey to succeed in this competitive market.
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https://www.facebook.com/joey.bibbo
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